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What's up
  • [ August 10, 2026 ] ‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process FDIC
  • [ August 7, 2026 ] Senate confirms Crews to NCUA Board seat NCUA
  • [ August 7, 2026 ] NCUA liquidates 15-month-old federal credit union NCUA
  • [ August 5, 2026 ] Dallas, NY Federal Reserve Banks seek info on $1.3T private direct lending market The Fed
  • [ August 5, 2026 ] Credit union regulator finalizes 11 rules underpinning its deregulation project NCUA
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

  • ‘De novo’ banks would receive quicker deposit insurance approval under new, two-phase process

    August 10, 2026 0
    Faster approvals of federal deposit insurance for new banks is one of the intentions behind a revised process announced Monday by the federal bank deposit insurance agency. In a release, the Federal Deposit Insurance Corporation (FDIC) said a new, two-phase [...]
  • Senate confirms Crews to NCUA Board seat

    August 7, 2026 0
    The Senate on Friday confirmed John Crews to a seat on the National Credit Union Administration (NCUA) Board for a term that will continue through August. 2, 2031. Crews has served as Treasury’s deputy assistant secretary for financial institutions policy. [...]
  • NCUA liquidates 15-month-old federal credit union

    August 7, 2026 0
    The second federal credit union chartered in 2025 was involuntarily liquidated Thursday by the National Credit Union Administration (NCUA). The agency said it was liquidating African Diaspora Federal Credit Union of Saint Ann, Mo., after finding it was “insolvent and [...]

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