A draft strategic plan for 2022-26 was released for public comment, by Oct. 1, by the Federal Deposit Insurance Corp. (FDIC) Wednesday. The 34-page plan is required to be updated under federal law (the Government […]
The federal regulator of credit unions is making $100,000 available for minority depository institution (MDI) mentoring grants to eligible credit unions, the agency announced Wednesday. The National Credit Union Administration (NCUA) said federally insured credit […]
A new fund aimed at facilitating capital investments in minority depository institution (MDI) and community development financial institution (CDFI) banks will be formally launched Thursday (Sept. 16), the federal insurer of bank deposits said Wednesday. […]
Strengthening, not just modernizing, anti-redlining rules will be necessary to reduce economic inequality and foster trust, the nation’s national bank regulator said Wednesday. In remarks to a Washington group that includes as members bankers, regulators, […]
Existing laws and regulations provide banks and other supervised entities regulatory flexibility to take certain actions that can benefit consumers in communities under stress from disasters or emergencies and hasten recovery, the consumer financial protection […]
A webinar for banks on consumer complaints management is slated Oct. 5 by the federal bank deposit insurer’s depositor and consumer protection division, according to a Financial Institution Letter issued Monday. The Federal Deposit Insurance […]
Two panels that advise the Office of the Comptroller of the Currency (OCC) on minority depository institution and mutual savings association concerns are set to hold virtual public meetings before month’s end, according to recent […]
Regulatory relief measures aimed at facilitating disaster relief in areas of North Carolina affected by remnants of Tropical Storm Fred were outlined for banks and savings institutions Monday by the federal insurer of bank deposits. […]
Reaping the profits from selling buses without paying off the loans that originally acquired the transports has earned an Illinois man three years in prison after admitting bank fraud, the federal insurer of bank deposits […]
A new “Problem Bank Supervision” booklet of the agency’s examiner guidance series was released Monday by the Office of the Comptroller of the Currency (OCC), replacing a booklet issued in January 2001. The new booklet […]
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