A focus on “innovation” – through the creation of a separate department – is on the radar for yet another federal financial institution regulatory agency, this time the regulator of credit unions and with a […]
A second application round for credit unions seeking certification as community development financial institutions (CDFIs) is open at the National Credit Union Administration (NCUA) until Oct. 17, the agency said Monday. NCUA said that federally […]
A Federal Deposit Insurance Corp. (FDIC) advisory panel on systemic resolution matters, and which last met in December 2018, is scheduled to hold an open meeting this Oct. 1 to discuss issues and developments related […]
A final rule announced in July that removes some previous restrictions on financial institutions’ sharing of confidential supervisory information (CSI) under Freedom of Information Act (FOIA) requirements was published in the Federal Register Tuesday and […]
An outline of proposals under consideration for the collection of data on women-owned, minority-owned, and small businesses that could apply to depository institutions with assets of $600 million or less was released Tuesday by the […]
Federal Reserve Board Nominee Judy Shelton “does not have the votes” to be confirmed to the seat, according reports Tuesday citing a member of the Republican Senate leadership team. According to the report, Sen. John […]
A proposed stipulated judgment to forgive $330 million in student loans was filed Tuesday by the federal consumer financial protection agency, along with several states, against a student loan company and one of the largest […]
Assessment rates will remain unchanged for institutions insured by the federal bank deposit insurance fund under a restoration plan adopted Tuesday for the agency’s insurance fund, which has been diluted by the massive influx of […]
A consent order announced Monday between the consumer financial protection agency and a mortgage firm licensed in about 22 states imposes a $625,000 civil money penalty against the firm for deceptively advertising Veterans Administration (VA)-backed […]
Credit unions and banks along the Gulf Coast in the path of the new Hurricane Sally both received guidance from their respective federal regulators Monday. The National Credit Union Administration (NCUA) warned credit unions in […]
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