The Texas commissioner of banking will serve as the chair of the state regulator liaison committee for another year to the umbrella group of federal financial institution regulators, the agency announced Thursday. Charles G. Cooper, […]
Add the agency’s Equal Credit Opportunity Act (ECOA) small-business loan data collection rule to those the Consumer Financial Protection Bureau (CFPB) won’t be going out of its way to enforce. The bureau said Wednesday that […]
About half of banks – out of 25 total – earned “outstanding” ratings for their compliance with anti-redlining regulations during April, the regulator of national banks said Thursday. In its latest monthly release of ratings […]
The ranking Democrats on the U.S. Senate Banking Committee and House Financial Services Committee on Tuesday called for an inspector general investigation of the president’s recent firings of National Credit Union Administration (NCUA) Board Members […]
Three former credit union workers were prohibited in April from further work in federally insured financial institutions, the federal regulator announced Wednesday. The National Credit Union Administration (NCUA) said the three individuals were: Anh-Thu Nguyen, […]
A small New Jersey credit union was liquidated Wednesday by the federal credit union regulator after the agency said it had found the cooperative to be insolvent. The National Credit Union Administration (NCUA) said it […]
A lawsuit filed Monday by the two Democrats fired recently from their board posts at the National Credit Union Administration (NCUA) seeks their reinstatement and asserts that with its two vacancies, the NCUA Board now […]
Calling artificial intelligence (AI) a “powerful technology,” the regulator of national banks said Tuesday it can be used to help banks make more informed decisions – but only if it is built and used responsibly, […]
Public comments on proposed modifications to yearly stress-testing of large banks – averaging results over two consecutive years and streamlining related data collection – are due to the Federal Reserve Board by June 23, according […]
The National Credit Union Administration’s plan for a May 22 open board meeting is no longer labeled “tentative” but will, the agency said Friday, include a briefing on the federal share insurance fund for credit […]
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