Response to the agency’s voluntary separation program (VSP) will result in some 250 employees leaving the agency by year-end, and payroll and contract savings of about $75 million that will be realized in 2026, agency […]
A bank merger review program put in place last fall was rescinded Tuesday by the federal bank deposit insurance agency which asserted that the program was “less transparent and less predictable” leading to confusion among […]
Andrew Moss has earned another promotion at the national bank regulator: in addition to several other, recent roles now he will be deputy comptroller for community and industry relations, beginning next month, the agency’s acting […]
A new credit union in St. Louis, Mo., has been chartered to serve the members of the African Diaspora Council Inc., a group based in that city which promotes community self-help and financial and wealth-management […]
A 39-year career at the federal bank deposit insurance agency for a top financial stability supervisor will come to an end May 31, the agency said Friday. Arthur J. (“Art”) Murton, deputy to the chairman […]
An interpretive rule that declared essentially no limits on states’ ability to enforce provision of the Consumer Financial Protection Act (CFPA) was rescinded as of Thursday, the Consumer Financial Protection Bureau (CFPB) said in a […]
A former Mississippi banker has been prohibited from serving at any federally insured financial institution after ignoring a directive three years ago not to accept a $120,000 personal commission as a real estate broker, the […]
The federal bank deposit insurer’s board plans a vote next Tuesday to rescind its 2024 Bank Merger Act rule policy statement, replacing it with the previous statement, and to hear an update on its Deposit […]
Interest rate risk data gathered during examinations of midsize and community banks are available Wednesday with the publication of the spring 2025 statistics report by the national bank regulator. The Office of the Comptroller of […]
Comments are due June 12 on a proposed rule that would rescind the Feb. 22, 2022, and March 29, 2023, amendments to the Consumer Financial Protection Bureau’s (CFPB) rules of practice for adjudication proceedings, including […]
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