Action on proposed updates to the agency’s rules on loan participation and a report on the credit union share insurance fund are slated next Thursday by the federal regulator of credit unions. The proposed rule, […]
Issues of interest to the community banking industry are slated for discussion during an Oct. 5 open meeting of the Federal Deposit Insurance Corp. (FDIC) Advisory Committee on Community Banking, according to a notice Friday […]
The impact of a federal court order freezing implementation of the small business lending rule issued by the federal consumer financial protection agency spawned a new set of “frequently asked questions” (FAQs) by the agency […]
Obtaining bank survey data, or some other mechanism, for developing economic inclusion strategic plans (EISP) in the future for the federal bank deposit insurance program is among the recommendations made by the agency’s inspector general […]
Cumulative trading revenue was down 22.4% – $3.9 billion – in the second quarter compared with the first at banks and savings associations, the regulator of national banks said Thursday. The Office of the Comptroller […]
The Federal Reserve Board has a new vice chair and a full complement of seven members following the swearing in Wednesday of three newly Senate-confirmed governors for the central bank. Phillip N. Jefferson, Lisa D. […]
Warning signs for credit unions include interest rate and liquidity risks, rising delinquency rates, growing balances on home equity lines of credit and other second liens, and increasing net charge-off ratios, the chairman of the […]
Legal challenges to the authority of the federal consumer financial protection agency could challenge the stability of the nation’s housing market, the agency’s head said Monday, since its rules are intertwined so closely to the […]
A $76 million distribution to credit unions that were paid-in capital shareholders of the former U.S. Central Corporate Federal Credit Union is scheduled to be completed before the end of this month, the National Credit […]
Merchandise obtained by customers from a leasing firm will be kept by those who leased it, and the firm will pay a $2 million penalty, after a federal agency found the firm tricked the customers […]
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