The chair of the Federal Reserve essentially took a pass Wednesday when asked a question during a press conference about the future of the revised supplementary leverage ratio (SLR), which is set to expire in […]
A set of questions, with answers, regarding the acceptance of flood insurance policies issued by private insurers is out for a 60-day comment period ending about May 17. The private flood insurance Q&A was issued […]
Nine areas that will affect the resource needs of of the federal credit union regulator – including monitoring the equity ratio of the savings insurance fund, enhancing the examination program, and building the supervision workforce […]
In a release sporting a headline saying it is encouraging financial institutions and debt collectors to allow federal stimulus payments to reach consumers, the Consumer Financial Protection Bureau (CFPB) Wednesday said it is concerned that […]
A student loan debt relief company, its owner, and manager charged some 3,300 consumers more than $3.5 million illegal up-front fees in violation of the Telemarketing Sales Rule (TSR) from 2015 to 2019, the consumer […]
The coronavirus crisis and the agency’s response to it in 2020 dominates the focus of the annual report of the federal credit union regulator released Tuesday. In the report from the National Credit Union Administration […]
A failed-bank review of fhe $136-million First City Bank of Florida, closed last October, shows that a growth strategy centered on commercial real estate, a lack of proper control risk mitigation, and poor credit underwriting […]
Banks saw their largest percentage increase of deposits in 77 years during 2020, according to a new report published by the federal insurer of bank deposits published Monday. The Federal Deposit Insurance Corp. (FDIC) said […]
Banks in areas of Louisiana affected by winter storms last month have been extended regulatory relief intended to facilitate recovery in their communities, the Federal Deposit Insurance Corp. (FDIC) said Monday. In guidance issued by […]
Opportunities and challenges in leveraging big data for the banking industry will be probed in a series of five public webinars that get started next month and that will include banking industry leaders, academics, and […]
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