Submission of written agreements between credit unions and credit union-owned service organizations (CUSOs) will be revised to only apply to new investments in CUSOs under a proposal out for a 60-day public comment period. The […]
A rule change on inflation adjustments to civil penalties by the federal consumer financial protection agency was published Friday in the Federal Register and is out for public comment until Nov. 13. The revision, proposed […]
Federal and state financial institution regulators teamed up Wednesday to issue a joint statement on supervisory practices regarding financial institutions affected by Hurricane Michael, which careened through the eastern Gulf Coast the same day. The […]
The partial exemption from Home Mortgage Disclosure Act (HMDA) reporting of certain data points, as provided under the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA, S. 2155), and limitations on its applicability is […]
Banks could receive notification whenever the Federal Deposit Insurance Corp. (FDIC) updates examination manuals in its website, the agency said Wednesday, as a service that is designed to help community banks stay current on changes […]
Seven new members have been named to the advisory committee that provides community banking advice and recommendations on policy and regulatory matters to the federal bank deposit insurance agency, the agency announced Wednesday. The Federal […]
Consumer compliance issues and topics related to regulatory relief legislation enacted last spring will be addressed in an Oct. 25 teleconference sponsored by the federal insurer of bank deposits. In a Financial Institution Letter issued […]
A recent joint agency statement on resource-sharing as a way to better manage Bank Secrecy Act/anti-money laundering (BSA/AML) programs was forwarded individually by regulators to the institutions they supervise – most noting that such collaboration is […]
Federal bank and credit union regulators on Tuesday issued statements and noted resources available to assist institutions in the path of Hurricane Michael, which had grown to a Category 3 storm as it headed toward […]
A webinar providing more information for federally chartered credit unions (FCUs) on recent rule changes affecting membership regulations for the cooperative financial institutions is set for Oct. 24, the federal credit union regulator said Tuesday. […]
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