Certain coronavirus relief payments from the government will not be considered “government benefits” and thus may be issued to consumers via prepaid cards, according to an interpretive rule issued Monday by the federal consumer financial […]
Title: Temporary Exclusion of U.S. Treasury Securities and Deposits at Federal Reserve Banks From the Supplementary Leverage Ratio Subject: Capital Agency: Federal Reserve Status: Interim final rule; request for comments Summary: In light of recent […]
A September 2013 consent order with SunSouth Bancshares Inc., of Dothan, Ala., was terminated this April 7, the Federal Reserve Board announced Tuesday. The consent order, which involved the Atlanta Federal Reserve Bank and the […]
Drawing attention to the cybersecurity risks associated with the increasing incidence of remote work, conference calls, and video meetings during the coronavirus crisis, a “risk alert” was issued Tuesday by the federal credit union regulator […]
Eliminating the six-month waiting period for new members to receive a loan is one of several “enhancements” for the lending arm of the federal credit union regulator that was approved by the agency’s board Monday. […]
On-balance sheet amounts of U.S. Treasury securities and deposits at Federal Reserve Banks will – temporarily – no longer be counted in the calculation of the supplementary leverage ratio for the capital rule issued by […]
A webinar aimed at increasing awareness among the general public of the benefits of federal deposit and share insurance – particularly during the coronavirus crisis – will be held jointly Thursday from 2 to 3 […]
Most of its congressional appropriation for community development – more than $1.37 million – will be committed to assisting credit unions in dealing with the coronavirus crisis, the federal credit union regulator said Monday. In […]
More than 7,400 comment letters on a proposal to reform regulations implementing anti-redlining laws were received by the federal regulator of national banks as the comment period came to close April 8, the agency reported […]
For about a six-month period, supervisory violations won’t be cited, and enforcement actions won’t be initiated, against certain remittance transfer providers in connection with the expiration of temporary exceptions for cost disclosures, the federal consumer […]
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