Three small banks in Arizona, Florida and Alabama – the latter of which was 121 years old – have voluntarily ended their federal deposit insurance, their federal insurer said Friday. The Federal Deposit Insurance Corp. […]
Noting it “did not issue any reports with recommendations” related to the agency’s charge card programs in fiscal 2025, the National Credit Union Administration told the federal budget office it is currently conducting an audit […]
A final rule amending regulations for the digital display of a bank’s federally insured status is set to take effect March 2, with compliance required by April 1, according to a notice Thursday in the […]
Seven members were selected to serve three-year terms on a panel that provides information and advice to the Federal Reserve Board on domestic and international insurance issues, the Fed announced Thursday. The seven members include […]
Clarifying which documents created for, or received from, the international committee that advocates bank capital standards should be treated as records by the national bank regulator was recommended by the congressional watchdog said Thursday. In […]
A fourth set of proposals to reduce credit union regulation was issued Tuesday by the federal regulator, focusing on non-member savings accounts, cancellation of supplemental deposit insurance, maximum borrowing authority and disclosure of savings insurance […]
The federal credit union regulator announced its top leaders and staff in a release Monday. National Credit Union Administration (NCUA) Board Chairman Kyle Hauptman, a Republican, has been the agency’s lone board member since President […]
The $16.5 million-in-assets Beverly Hills City Employees Federal Credit Union, Beverly Hills, Calif., was conserved Thursday by the National Credit Union Administration (NCUA), the agency said in a release. In its announcement late Thursday, the […]
Fees paid by credit unions in 2026 to fund their federal regulator will fall by an average of 24.6%, the agency said Friday, calling this the result of reductions in staffing, rearrangement of expenses and […]
The federal liquidity facility for credit unions will have a budget of about $2.032 million in 2026 and $2.093 million in 2027, according to information released Thursday for the federal credit union regulator’s open board […]
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