joint ownership accounts – Regulatory Report

What's up

[ July 8, 2025 ] Agency updates contact info for notices, posters required under CRA, ECOA, FHA OCC
[ July 7, 2025 ] Credit union regulator notes flood assistance available to Texas institutions in some cases NCUA
[ July 7, 2025 ] FL credit union seeks to serve 6.3-million-person community; hearing slated for September NCUA
[ July 7, 2025 ] Floods in Texas prompt closure notice for banks in affected areas, OCC announces OCC
[ July 3, 2025 ] Violations in 2024 of TIL and flood insurance once again were tops for banks; HMDA abuses move up the charts FDIC

Agency proposes alternative to signature card for joint ownership accounts

May 21, 2020 0

The signature card requirement necessary to show joint ownership of a federally insured account in a credit union could be satisfied by information contained in the account records under a rule proposed Thursday by the […]

Agency updates contact info for notices, posters required under CRA, ECOA, FHA

July 8, 2025 0

Looking for updated notices and posters to comply with federal requirements under anti-redlining, housing and equal credit opportunity laws? The national bank regulator says it has what you need. In a bulletin issued Tuesday, the Office of the Comptroller of [...]
Credit union regulator notes flood assistance available to Texas institutions in some cases

July 7, 2025 0

Resources available to help credit unions affected by floods in Texas beginning July 2 were outlined by their federal regulator late Monday, saying it is “monitoring the situation closely.” In a release, the National Credit Union Administration (NCUA) said low-income-designated [...]
FL credit union seeks to serve 6.3-million-person community; hearing slated for September

July 7, 2025 0

A proposed membership field expansion adding two counties to the area served by Dade County Federal Credit Union, Sweetwater, Fla., is the subject of a virtual public hearing slated Sept. 23 by the National Credit Union Administration (NCUA). The credit [...]
Floods in Texas prompt closure notice for banks in affected areas, OCC announces

July 7, 2025 0

Catastrophic flooding in Texas has prompted the national bank regulator to allow banks in the affected area to close offices, the agency said Monday. The Office of the Comptroller of the Currency (OCC) said it expects that only those bank [...]
Violations in 2024 of TIL and flood insurance once again were tops for banks; HMDA abuses move up the charts

July 3, 2025 0

The two most common violations of consumer compliance supervision in 2024 were those related to truth-in-lending and mandatory flood insurance – pretty much the same results reported in 2023 — according to an annual report issued Thursday by the federal [...]
7 banks ‘outstanding,’ 64 ‘satisfactory’ for CRA, FDIC reports in latest disclosure

July 3, 2025 0

Seventy-one banks whose performance ratings under the anti-redlining Community Reinvestment Act (CRA) were announced Thursday were all rated either “outstanding” or “satisfactory,” according to the Federal Deposit Insurance Corp. (FDIC). The information, which the FDIC said became publicly available in [...]