Servicemembers Civil Relief Act

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[ April 28, 2025 ] NCUA to discuss ‘voluntary separation programs’ at May 22 board meeting NCUA
[ April 28, 2025 ] Concerns up sharply over global trade as risk to financial system, latest financial stability survey finds The Fed
[ April 28, 2025 ] Comments due June 23 on Fed stress-test changes The Fed
[ April 28, 2025 ] Pair of Wells Fargo auditors reaches settlement with regulator over phony sales practices OCC
[ April 25, 2025 ] Fed, FDIC join OCC in scaling back roadblocks to bank involvement in crypto assets FDIC

USAA assessed $85 million penalty for violations of servicemember protection laws

October 14, 2020 0

USAA, Federal Savings Bank was assessed an $85 million civil money penalty under a consent order with the Office of the Comptroller of the Currency (OCC) over violations of the Military Lending Act (MLA) and […]

NCUA to discuss ‘voluntary separation programs’ at May 22 board meeting

April 28, 2025 0

The National Credit Union Administration’s plan for a May 22 open board meeting is no longer labeled “tentative” but will, the agency said Friday, include a briefing on the federal share insurance fund for credit unions and an “updated” briefing [...]
Concerns up sharply over global trade as risk to financial system, latest financial stability survey finds

April 28, 2025 0

Risk to global trade is considered a “salient risk” to the financial system and the broader global economy by nearly three in four respondents to a Federal Reserve survey on financial stability, the agency said late Friday. The 73% of [...]
Comments due June 23 on Fed stress-test changes

April 28, 2025 0

Public comments on proposed modifications to yearly stress-testing of large banks – averaging results over two consecutive years and streamlining related data collection – are due to the Federal Reserve Board by June 23, according to a Federal Register notice. [...]
Pair of Wells Fargo auditors reaches settlement with regulator over phony sales practices

April 28, 2025 0

Two former auditors for Wells Fargo Bank have reached an agreement with the national bank regulator that the agency said late Friday resolves an enforcement issue over long-running sales practices misconduct first brought against the duo five years ago. In [...]
Fed, FDIC join OCC in scaling back roadblocks to bank involvement in crypto assets

April 25, 2025 0

Joint statements on crypto assets, issued two years ago, were withdrawn late Thursday by two federal banking regulators; one of them, the Federal Reserve, also said it was withdrawing guidance related to crypto-asset and dollar token activities In separate releases, [...]