Financial institutions and payment organizations should watch their mailboxes for invitations being sent this month to participate in the Federal Reserve’s triennial payments study – which will actually be two studies in one, the central […]
Annual disclosures of financial and other information would no longer be required for insured state nonmember banks and insured state-licensed branches of foreign banks under a final rule set for publication as early as next […]
Qualifying swaps may be transferred from a United Kingdom entity to an affiliate in the European Union or the United States without triggering new margin requirements under an interim final rule issued Friday by the […]
Rodney E. Hood and Todd M. Harper were confirmed by the Senate late Thursday on a unanimous consent vote to two seats on the NCUA Board. Once they are sworn into office, the pair will […]
The proposed merger of BB&T Corporation (Winston-Salem, N.C.) with SunTrust Banks, Inc. (Atlanta, Ga.) will be discussed publicly April 25 and May 3 during meetings held jointly by the Federal Deposit Insurance Corp. (FDIC) and […]
State profiles of bank and credit union trends during the fourth quarter of 2018, along with economic indicators, were released Thursday by the Federal Deposit Insurance Corp. (FDIC) and National Credit Union Administration (NCUA). The […]
Forty community organizations and service providers have signed on as participants in the 2019 Your Money, Your Goals cohort of the Consumer Financial Protection Bureau (CFPB), the bureau announced in a blog post Thursday. The […]
The fund that insures savings in credit unions had $226.5 million in net income last year and a net position of $15.7 billion as of Dec. 31, according to a report Thursday to the National […]
Senators both supported and criticized proposed guidance about designating nonbank financial firms as “systemically significant” during a hearing Thursday. The hearing by the Senate Banking Committee focused on the Financial Stability Oversight Council (FSOC) and […]
This story has been updated to link to the scheduled March 25 Federal Register notice of final rule. Final credit union loan rule changes that regulators say will reduce regulatory burden, improve clarity and ease […]
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