The federal credit union regulator’s board – which consists solely of its chairman, Kyle Hauptman – held a closed meeting Tuesday on what was listed as a board appeal, according to information on the agency’s [...]
A February memorandum counts balance sheet management, “redefinining” regulatory and supervisory approaches, and agency realignment following a 23% reduction in staff among the top management and performance challenges for the National Credit Union Administration (NCUA) [...]
Proposals to revise capital rules for global, systemically important banking organizations (G-SIBs) and others are the discussion item for Thursday’s open meeting of the Federal Reserve Board, according to published notices. The Fed, in the [...]
Proposed capital rules are on the agenda for the board of the federal bank deposit insurance agency, with a meeting set for Thursday (March 19), the agency said Friday. The Federal Deposit Insurance Corp. (FDIC) [...]
Credit unions’ federal regulator is proposing to remove the guidance portions of its regulation on record retention and catastrophic act preparedness, clarify the regulation, and update its definitions, according to a Federal Register notice that [...]
Federally insured credit unions (FICUs) grew total assets to $2.43 trillion in 2025, up $126 billion, or 5.4%, from calendar 2024, the National Credit Union Administration said in fourth-quarter data released Friday. The data show [...]
An eligible tokenized security should generally receive the same capital treatment as the non-tokenized form of the security under the capital rule under answers to frequently asked questions (FAQs) issued by the federal banking regulators [...]
Wells Fargo is relieved of the remainder of a 2018 enforcement order from the Federal Reserve that, among other things, limited the bank’s growth and mandated removal of some of its board members, the agency [...]
The 59 banks that received their evaluation ratings under the anti-redlining Community Reinvestment Act (CRA) in December included five that were rated “outstanding” and two “needs to improve,” according to information released Thursday by the [...]
While economic activity increased slightly in seven of 12 Federal Reserve Districts in the last month, it fell or was flat in the remaining five – up from four in the previous reporting period, the [...]