The “designated reserve ratio” (DRR) for the federal bank deposit insurance fund will remain at 2% in 2020, unchanged from last year and the nine years preceding that, according to filings Tuesday by the Federal […]
A series of sessions where banks and companies engaged in emerging financial technologies – or fintech – can meet one-on-one with Federal Reserve staff members to discuss fintech developments and ask questions was announced Tuesday […]
About $22 billion has been earned for the federal government through a program that distributed billions of dollars in assistance to financial institutions in the wake of the 2008 financial crisis, the congressional watchdog said […]
Changes are taking place in the leadership of data and information services at the federal insurer of bank deposits, as the top officer has resigned and the deputy is taking over. In the meantime, the […]
About 89% of all federally insured credit unions had positive net income during the first three quarters of the year – but all credit unions in Alaska, Maine, Nevada, New Hampshire, and Vermont had positive net […]
Taking his case to web video, the regulator of national banks said Monday that his proposal to rewrite anti-redlining rules for banks is based on his view that “we need rules that encourage banks to […]
Filers of 2019 data related to home mortgages should use the “beta platform” to test the information they plan to file to ensure it will be accepted, the federal consumer financial protection agency said in […]
Data from 2018 on small business, small farm, and community development lending reported by banks and savings associations under Community Reinvestment Act (CRA) requirements is now available, the federal banking agencies said Monday. In a […]
The Federal Reserve remained mum Friday about its plans for modernizing the Community Reinvestment Act (CRA) the day after its sister federal banking regulators issued their own proposals for making changes to anti-redlining rules. Thursday, […]
A new framework for determining whether bank deposits placed through placement arrangements qualify as brokered deposits is part of a proposal issued by the Federal Deposit Insurance Corp. (FDIC) Board Thursday. Under the notice of […]
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