Higher maximum amounts for civil money penalties (CMP), adjusted for inflation, will be in place after Jan. 15 by four federal financial institution regulators, the agencies said in separate notices to be published as early […]
A no-action letter (NAL) issued Friday to Bank of America (BofA) by the federal consumer financial protection agency provides there will be no supervisory findings or enforcements issued regarding the bank’s funding arrangements with housing […]
The federal agency charged with consumer financial protection will begin taking applications for membership on its consumer, community bank, credit union, and academic research councils Monday, according to a notice slated for Federal Register publication […]
The federal regulator of credit unions is “closely monitoring” the aftermath of the recent earthquakes in Puerto Rico and will be ready, if needed, to provide operational assistance to the seven federally insured credit unions […]
The 2020 chairs and deputy chairs of the 12 Federal Reserve Banks – 24 leaders from financial services, industry, academia, entertainment, and other fields – include 13 individuals who were renamed to continue in the posts […]
Credit unions’ voluntary assessments of diversity for 2019 are due Jan. 15 to their federal regulator, the agency reminded the financial institutions Friday. According to the National Credit Union Administration (NCUA), the self assessment – […]
Two federal financial regulators were ranked in the upper echelons of “best places to work” in the latest rankings released Thursday – while a third continued to languish in the lowest level. The Federal Deposit […]
Four members have been named to a new taskforce that will examine the existing legal and regulatory environment facing consumers and financial services providers and report findings to the director of the Consumer Financial Protection […]
A joint “office hours” to be held as part of the American Consumer Financial Innovation Network (ACFIN) is slated to be held Jan. 30 in Salt Lake City by the federal consumer protection agency and […]
The comment period on proposed anti-redlining reform by the federal regulator of national banks and the federal insurer of banks deposits started Thursday and runs to March 9, according to a notice published in the […]
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