The 59 banks that received their evaluation ratings under the anti-redlining Community Reinvestment Act (CRA) in December included five that were rated “outstanding” and two “needs to improve,” according to information released Thursday by the […]
Wells Fargo is relieved of the remainder of a 2018 enforcement order from the Federal Reserve that, among other things, limited the bank’s growth and mandated removal of some of its board members, the agency […]
While economic activity increased slightly in seven of 12 Federal Reserve Districts in the last month, it fell or was flat in the remaining five – up from four in the previous reporting period, the […]
The federal credit union regulator is seeking comments by June 1 on five categories of regulations and whether they are outdated, unnecessary, or unduly burdensome, according to a notice Tuesday in the Federal Register. The […]
A rule regarding fair lending data was rescinded, and another amended related to licensing requirements for community banks, by the national bank regulator Tuesday which said the aim of both was to reduce regulatory burden. […]
A published overview on fourth-quarter results for the National Credit Union Share Insurance Fund (NCUSIF) shows the fund closing 2025 with an equity ratio equal to 1.3% of total insured shares, up 2 basis points […]
Two pages on interest rate risk (IRR) analysis will now be featured in the Uniform Bank Performance Report (UBPR), used by banks and other financial institutions, to improve its readability, the umbrella group for federal […]
The national bank regulator found nine banks to be “outstanding” and 15 to be “satisfactory” for compliance with the anti-redlining Community Reinvestment Act (CRA), according to ratings announced Monday that became public in February, the […]
Five former employees of credit unions are permanently barred from future service in any federally insured depository institution under one consent order and four notices of prohibition announced Friday. The release by the National Credit […]
Nearly 400 banks are slated for evaluations under the anti-redlining Community Reinvestment Act (CRA) over the following two calendar quarters, according to schedules released Friday. Both the Federal Deposit Insurance Corp. (FDIC) and the Office […]
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