The nation’s federal bank deposit insurer doled out two “outstanding,” two “needs improvement” and 74 “satisfactory” ratings this March in its examinations of banks for Community Reinvestment Act (CRA) compliance, the agency said in releasing […]
Changing its governance to a commission rather than a single director, and giving Congress control over its budget, were two recommendations business and banking groups had for increasing the transparency and accountability of the federal […]
Federally insured credit unions expanded their loans by $87 billion in the one-year period ending March 31, the federal regulator of credit unions said in releasing quarterly results Wednesday. The National Credit Union Administration (NCUA) […]
The consumer, bank and credit union advisory panels that provide industry input and advice to the federal consumer financial protection agency will be reconstituted to “new, smaller memberships,” the agency said Wednesday in a blog […]
A final rule conforming banking rules with a securities industry move last year to a two-day standard settlement cycle for securities transactions goes into effect Oct. 1. The rule is slated for publication Thursday in […]
The five federal banking and trading market regulators as of this week are all signed on to issuing a proposed rule that would greatly relieve regulatory requirements for many banks under the Volcker Rule, created […]
A federal court’s March ruling on credit union membership rules that essentially gave both sides in the case something to call both a win and a loss has now been appealed by the two parties […]
A House Financial Services Committee mark-up begins June 7 on seven bills covering a wide range of federal financial industry regulatory concerns. The mark-up, scheduled for 11 a.m. ET, could continue beyond June 7. Bills […]
With the swearing in Tuesday of Jelena McWilliams as chairman of the Federal Deposit Insurance Corp. (FDIC) Board, all five of the federal financial institution regulators are now headed by a Donald Trump appointee. But […]
The federal deposit insurer for the nation’s banks and thrifts terminated another four bank receiverships June 1, according to a notice scheduled for publication in the Federal Register. The terminated receiverships were for: Community First […]
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