Improving bank director effectiveness in risk governance and credit risk will be the subject of two workshops planned for next month in Kansas City, the regulator of national banks said Tuesday. The workshops, scheduled by […]
A total of 335 insured banks and thrifts are included on the anti-redlining Community Reinvestment Act (CRA) evaluation schedules of the federal bank deposit insurer from July 1 through Dec. 31, the agency said in […]
Flood insurance questions and answers are outlined in a bulletin issued Tuesday by the regulator of national banks, following up on an interagency notice issued earlier in the month. The Office of the Comptroller of […]
An alleged embezzlement of more than $2.2 million from a Winslow, Ariz., credit union has earned a former worker a prohibition from further service at any federally insured financial institution, the federal regulator said Tuesday. […]
A workshop for directors, senior management team members and other key executives of national community banks and federal savings associations is slated June 28-29 in Dallas by the national bank regulator. The Office of the Comptroller […]
Prohibition and a civil money penalty of $140,000 is sought against a bookkeeper who allegedly misappropriated some $181,000 from bank customer accounts over about three years, according to an April notice of intent released Friday […]
The leaders of six large credit card issuers have been asked to explain some of their companies’ practices of allegedly holding back information about payments made by consumers in letters from the consumer financial protection […]
Companies using complex algorithms for credit models – sometimes called “black box” – must provide specific and accurate explanations for denying applications for credit, the federal consumer financial protection agency said Thursday. In a release, […]
The federal fund that insures shares (savings) in credit unions closed 2021 at an equity ratio (reserves to insured shares) of 1.26% and is expected to dip slightly to 1.25% by June 30, agency staff […]
No decision has been made about adoption of a U.S. central bank digital currency (CBDC), the vice chair of the Federal Reserve Board said Thursday to a congressional committee, but she indicated that “clear regulatory […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info