Low-income credit unions in areas hit hardest by last summer’s hurricanes – including those in Florida, Puerto Rico, Texas and the U.S. Virgin Islands (USVI) – have a “special opportunity” to seek certification as Community […]
Items to be included by a state into the national appraisal management company (AMC) registry – open to states by this coming June – when entering an AMC are scheduled to be published in the Federal Register […]
Favorable consideration on community reinvestment requirements will be granted to institutions outside of hurricane-ravaged areas of the U.S. Virgin Islands and Puerto Rico when they help to revitalize or stabilize the areas, federal banking agencies […]
Credit unions will have 60 days to weigh in on both a revised, streamlined call report and an annual operations profile as the National Credit Union Administration (NCUA) strives to unveil the new forms by […]
A rule affecting prepaid cards and accounts has been extended by one year (to April 2019), reflecting comments that those affected “need more time” to put the rule to work – especially card issuers who […]
Civil investigative demands (CIDs) issued by the federal consumer protection bureau are the subject of the first “request for information” released by the consumer agency as part of the agency’s “call for evidence” about its […]
At 43, you might think that Federal Deposit Insurance Corp. (FDIC) Board Chairman nominee Jelena McWilliams qualifies as the youngest ever to be considered for the post leading the nation’s bank deposit insurance fund. But […]
Jerome H. “Jay” Powell is the next chairman of the Federal Reserve Board, having been confirmed by the Senate Tuesday on a vote of 84-13; he succeeds Janet Yellen as chairman. In her resignation letter […]
Policies that would increase transparency and accountability at the Federal Reserve would be promoted by the nominee to the Federal Reserve Board, he told a Senate committee Tuesday – before he faced a grilling by […]
The nominee to lead the federal bank deposit insurance agency said she is “uniquely prepared” for the job, citing her background as a former congressional and Federal Reserve staffer and as a bank executive. In […]
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