National banks with assets of more than $250 billion must file their 2024 stress tests results to their regulator by April 5, the agency said Thursday, with results expected to be published by July 15. […]
Revisions to the agency’s written Minority and Depository Institution (MDI) Preservation Program policy were approved unanimously Thursday by the National Credit Union Administration (NCUA). The revised policy, among other things, reflects that administration of the […]
Three federally insured credit union failures cost the National Credit Union Share Insurance Fund (NCUSIF) approximately $1.4 million in losses at the end of the fourth quarter of 2023, according to a report issued Thursday. […]
Mutual savings associations will offer their input to the regulator of national banks when the committee of the institutions gathers for a meeting on March 5, the regulator said. The Office of the Comptroller of […]
April 15 is the due date for public comments on the national bank regulator’s proposal for removing expedited bank merger approval procedures and increasing transparency around the agency’s review of proposed mergers, according to a […]
Addressing appraisal bias will build a more equitable housing finance system for all Americans, the acting comptroller of the currency told a Washington audience Tuesday. “By rooting out bias in the appraisal system, we can […]
A $9,600 civil money penalty was imposed on Select Bank, Forest, Va., over findings of federal flood insurance law violations, according to a consent order announced Tuesday by the Federal Reserve Board. The order refers […]
Unmodified or “clean” audits of programs managed by the federal credit union regulator – including the $21.4 billion fund that ensures the savings of credit union members – were announced Tuesday by the agency. According […]
Recommendations that the federal regulator of credit unions should implement an enterprise-wide cloud computing strategy and develop and implement associated policies, procedures, and standards are provided in an agency inspector general report posted recently to […]
Exam principles intended to assess valuation discrimination and bias in residential lending are outlined in a statement released Monday by federal financial institution regulators. The Federal Financial Institutions Examination Council (FFIEC) said the principles are […]
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