The latest Weighted Average Remaining Maturity – also known as “life-of-loan” factors — are updated in the September 2026 update of the simplified tool the federal regulator provides to smaller credit unions for estimating the [...]
Updates to conform with standards and evolving risks were made to the national bank regulator’s Cybersecurity Supervision Work Program (CSW), but none of the changes affect banks’ regulatory compliance responsibilities, according to an announcement Monday. [...]
Charges of check fraud, misappropriation of customer funds, and misapplication of funds and conflicts of interest have led to the separate prohibitions of three former employees of banks and financial companies, the Federal Reserve said [...]
Reforming the bank merger process and promoting parity between state banks and national banks are the aims of two proposals issued Thursday by the federal bank deposit insurance agency. The Federal Deposit Insurance Corp. (FDIC) [...]
Two former bank employees were barred from any future work in federally insured financial institutions after the national bank regulator determined one embezzled and the other made unauthorized debits from customer accounts. The Office of [...]
Merger transactions and state bank parity are the subjects of two proposed rules the board of the federal bank deposit insurance agency will take up when it meets Thursday (Sept. 17) in Washington, D.C. According [...]
The loan delinquency rate was up at credit unions at midyear, compared to a year earlier, as credit union assets also grew during the same period, their federal regulator said Monday. In a release, the [...]
Updated for Federal Register notices, comment deadline. Managing risks associated with third-party relationships is the subject of proposed guidance issued Friday by federal banking and credit union regulators. The banking agencies also issued a statement [...]
Banks required or choosing to report Community Reinvestment Act (CRA) aggregate data will be able to use a streamlined process beginning with the 2027 reporting year – meaning for submissions due by March 1, 2028, [...]
An extended, 18-month on-site exam cycle will apply to certain banks having assets of less than $6 billion under an interim final rule by the three federal prudential banking regulators. The Federal Reserve Board, Federal [...]