Financial statements were reliable and controls over financial reporting were effective in 2020 for the federal consumer financial protection agency, according to a report issued Monday by the congressional watchdog. In its annual review of […]
Eased regulatory reporting requirements and potential Community Reinvestment Act (CRA) credit for institutions working with those affected by severe storms and flooding in Puerto Rico were announced Monday by the Federal Deposit Insurance Corp. (FDIC). […]
The response to the coronavirus crisis by the federal credit union regulator will be highlighted in a Dec. 3 webinar hosted by the agency, it said Monday. In a release, the National Credit Union Administration […]
The federal consumer financial protection bureau will join with the Colorado attorney general Dec. 2 in offering joint, virtual “office hours” which the two groups said they hope will be beneficial to financial innovators. In […]
The 2021-2022 draft budget for the federal credit union regulator – totaling $342.5 million in 2021 and $364.2 million in 2022 – has been published online, is the subject of a public budget briefing scheduled […]
A non-bank, Illinois-based debt collector that specializes in collecting debt on behalf of telecommunications companies and furnishes information to consumer reporting agencies (CRAs) was assessed a $500,000 civil money penalty over findings that it violated […]
A final rule that removes a previous requirement that state-chartered, federally insured nonmember banks applying for new branches or offices, or seeking to relocate them, address compliance with historic preservation and environmental statutes takes effect […]
A proposed rule on capitalization of interest related to the agency’s rules for credit union share insurance is slated for consideration next Thursday by the National Credit Union Administration (NCUA) Board, according to the published […]
A final rule updating the federal credit union regulator’s corporate credit union regulation is set to take effect Dec. 14, according to a notice Thursday in the Federal Register. The final rule, approved by the […]
A controversial nominee to fill a seat on the Federal Reserve Board will receive a vote in the Senate, according to news reports Thursday, as soon as next week. Bloomberg News first reported the development. […]
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