receiver – Regulatory Report

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[ January 13, 2025 ] Proposal would block firms from using contract clauses that impose on legal rights, free speech CFPB
[ January 13, 2025 ] FDIC deploys reg relief for banks in CA areas ripped by wildfires, winds FDIC
[ January 13, 2025 ] Flood underinsurance for streamside dwellers in certain regions more likely, report asserts CFPB
[ January 13, 2025 ] New cyber incident reporting webform for credit unions released, expanding methods NCUA
[ January 13, 2025 ] NCUA conserves small OH credit union, cites ‘unsafe and unsound practices’ NCUA

FDIC should get failed bank’s tax refund, appeals court rules in case remanded by U.S. Supreme Court

May 28, 2020 0

A decision Tuesday in a case remanded by the U.S. Supreme Court upheld the Federal Deposit Insurance Corp. (FDIC) as the rightful owner of a failed bank’s $4.1 million tax refund, the FDIC said in […]

Proposal would block firms from using contract clauses that impose on legal rights, free speech

January 13, 2025 0

Companies would be banned from using certain contract clauses that allegedly include waivers of substantial legal rights and fine print that suppresses speech under a proposed rule issued Monday by the federal consumer financial protection agency. According to the Consumer [...]
FDIC deploys reg relief for banks in CA areas ripped by wildfires, winds

January 13, 2025 0

Financial institutions can get relief from some reporting and publishing requirements, and seek permission to set up temporary facilities, from the San Francisco regional office of the Federal Deposit Insurance Corp. (FDIC) as they deal with the impacts of the [...]
Flood underinsurance for streamside dwellers in certain regions more likely, report asserts

January 13, 2025 0

Homeowners facing flooding from rivers and creeks – numbering in the hundreds of thousands in the Southeast and central Southwest of the country — are more likely to be underinsured than sea coastal residents, according to a report issued Monday [...]
New cyber incident reporting webform for credit unions released, expanding methods

January 13, 2025 0

A new cyber incident reporting webform is available to credit unions, their federal regulator said Monday, along with an updated quick reference guide. The National Credit Union Administration (NCUA) said the webform is a “convenient and secure method for credit [...]
NCUA conserves small OH credit union, cites ‘unsafe and unsound practices’

January 13, 2025 0

The federal regulator of credit unions placed $10 million-in-assets Butler Heritage Federal Credit Union (FCU), Middletown, Ohio, into conservatorship Friday, the agency said in a release. The National Credit Union Administration (NCUA) said it took the action because of unsafe [...]
Credit union regulator taps new leader for Western Region

January 13, 2025 0

Julie Cayse is the new Western Region director for the federal credit union regulator, the agency said Monday; her appointment was effective Sunday, Jan. 12. Cayse most recently served as associate regional director of operations for the Western Region, the [...]