Three of the 62 banks evaluated under the Community Reinvestment Act (CRA) in November earned the rating of outstanding for their efforts under the anti-redlining statute, according to information released Thursday by the federal bank […]
Processes for considering input from state banking commissioners regarding national banks’ performance under state community reinvestment laws are addressed in a bulletin issued Wednesday by the national bank regulator. The Office of the Comptroller of […]
A program designed to expand financial inclusion to “unbanked” persons will be expanded to three more cities, the federal insurance program for bank deposits said Wednesday. The Los Angeles, Dallas, and Detroit metropolitan areas will […]
A reminder that credit unions must comply with rules governing disclosure in mortgage loans, particularly those meeting four criteria, is outlined by their federal regulator in a “regulatory alert” issued Wednesday. The National Credit Union […]
Outgoing Federal Deposit Insurance Corp. (FDIC) Board Chairman Jelena McWilliams received a note of acknowledgement Wednesday from her colleagues at the credit union regulator’s board with a joint statement signed by all three. NCUA Chairman […]
A report that identifies ways in which financial service providers, often private for-profit firms, exploit individuals who have been incarcerated or otherwise come into contact with the criminal justice system was released Monday by the […]
Two of the 16 banks whose evaluations under the anti-redlining Community Reinvestment Act (CRA) became public in January were given “outstanding” marks, the Office of the Comptroller of the Currency (OCC) said Tuesday. The outstanding […]
Registration is open for a “tech sprint” focusing on “digital identity proofing” – the process used to collect, validate, and verify information about a person – sponsored by the federal bank deposit insurer and the […]
Twelve days after a confirmation hearing to consider the nominations of three to the Federal Reserve Board, the Senate panel charged with making a recommendation to the full Senate will take a vote on that […]
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