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What's up
  • [ December 9, 2025 ] Comptroller jumps on board to oppose state enforcing usury laws on out of state bank, fintech lending OCC
  • [ December 9, 2025 ] OCC letter: Banks permitted to engage in ‘riskless’ principal crypto-asset transactions OCC
  • [ December 8, 2025 ] New credit union, third this year, will provide lending, saving to CA underserved area FDIC
  • [ December 8, 2025 ] Three banks ‘outstanding,’ three others ‘need improvement,’ FDIC says in latest CRA report FDIC
  • [ December 5, 2025 ] Agencies withdraw 12-years-old guidance on leveraged lending; banks told to apply ‘general principles on risk management’ FDIC
Homemoney market mutual funds

money market mutual funds

FDIC

‘Shadow insurance’ at bank-sponsored money market funds benefitted financial firms, paper finds

June 2, 2020 0

Prime institution money market funds sponsored by bank holding companies (BHCs) are essentially different from similar funds not offered by banks because the banking firms can extend “shadow insurance” to their ailing funds, according to […]

The Fed

Fed expands program to shore up state, municipal money market/mutual funds through loans to FIs

March 20, 2020 0

Loans secured by high-quality assets purchased from single state and other tax-exempt municipal money market mutual funds will be available to financial institutions under an expansion of the Federal Reserve’s liquidity program announced this week, […]

COVID-19 actions

Banking agencies issue rule allowing financial institutions to use new money market liquidity facility

March 19, 2020 0

Following up on the creation of a facility to shore up money market mutual funds, the federal banking agencies Thursday released an interim final rule that gives financial institutions the latitude to actually use the […]

COVID-19 actions

Fed shores up money market mutual funds, opens swap arrangements with more central banks around world

March 19, 2020 0

Two more actions to ameliorate the financial impact of the coronavirus crisis – one to establish temporary U.S. dollar liquidity arrangements with central banks, and the other to shore up money market mutual funds with […]

Today

  • Comptroller jumps on board to oppose state enforcing usury laws on out of state bank, fintech lending

    December 9, 2025 0
    The courts, or Congress, should remedy the outcome of a legal case decided last month that out-of-state banks and fintech partners lending to someone in Colorado must comply with state interest rate caps, the national banking regulator said Tuesday as [...]
  • OCC letter: Banks permitted to engage in ‘riskless’ principal crypto-asset transactions

    December 9, 2025 0
    Banks may engage in “riskless” principal crypto-asset transactions with and on behalf of their customers, according to an interpretive letter released Tuesday by the Office of the Comptroller of the Currency (OCC). The letter, from the agency’s senior deputy comptroller [...]
  • New credit union, third this year, will provide lending, saving to CA underserved area

    December 8, 2025 0
    A new credit union will soon be offering financial services – including mortgages and home equity loans — to its membership in the Bay Area of California, its federal regulator said Monday. The charter for Haven Federal Credit Union(FCU)  – [...]
  • Three banks ‘outstanding,’ three others ‘need improvement,’ FDIC says in latest CRA report

    December 8, 2025 0
    Three banks earned ratings of “outstanding” for their compliance with anti-redlining rules in results of examinations in September, the federal bank deposit insurance agency said Friday. However, three other banks earned ratings of “needs improvement” and the remaining 52 banks [...]

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