A continued focus on the challenges posed by the ongoing coronavirus (COVID-19) pandemic and steps to enhance the agency’s offsite monitoring of credit unions’ condition are among the highlights in a letter Friday on 2021 […]
A summary of the October 2020 debt collection rule regarding communications between collectors and debtors is provided in a small-entity compliance guide released by the federal consumer financial protection agency Friday. The Consumer Financial Protection […]
Frank Kressman has been selected as the agency’s general counsel, a move that elevates him from his “acting” role in that post assigned 13 months ago. The National Credit Union Administration (NCUA), in a release […]
A $3.5 million fine has been assessed against the former Wells Fargo Bank general counsel in a settlement following charges that he and other executives helped to maintain a business model that urge workers at […]
The federal credit union regulator on Thursday said it placed the $6.6 million-in-assets, 1,155-member Indianapolis’ Newspaper Federal Credit Union into conservatorship. “The NCUA placed Indianapolis’ Newspaper Federal Credit Union into conservatorship because of unsafe and […]
A set of revisions to the agency’s guidelines for appeals of material supervisory determinations is the sole discussion item slated for action during next week’s open meeting of the Federal Deposit Insurance Corp. (FDIC), according […]
Improving coordination between the federal credit union regulator and federal consumer financial protection agency over the consumer protection supervision of credit unions with more than $10 billion in assets is the stated purpose of a […]
The comment period has been reopened on a proposed rule issued last month on the tracking of certain transactions involving convertible virtual currency (CVD) or digital assets with legal tender (LTDA) status, the Financial Crimes […]
The agency’s schedule of free, virtual workshops for national bank and federal savings association (FSA) board directors was released Thursday by the Office of the Comptroller of the Currency (OCC). The OCC said its examiner-led […]
Three proposed rules, an advance notice of proposed rulemaking (ANPR), and a final rule were issued during Thursday’s open meeting of the National Credit Union Administration (NCUA) Board, with two of the actions addressing yet […]
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