No new loans will be made after March 11 by a Federal Reserve program that was established in the wake of two regional bank failures last year and was designed to assure the stability of […]
A guilty plea to a charge of conspiracy to sexual exploitation of children was entered Tuesday by an attorney for the federal bank deposit insurance agency, the agency’s inspector general said. According to the Federal […]
Prohibiting non-sufficient funds fees on transactions declined at the same time a user swipes, taps or clicks debit or ATM cards is the aim of a “proactive” new rule proposed Wednesday by the federal consumer […]
Will the coming year bring more credit union expansion into underserved areas? Maybe, if credit unions’ federal regulator succeeds in satisfying a particular performance indicator it set for itself for 2024. The National Credit Union […]
An in-person Consumer Research Symposium sponsored by the federal bank deposit insurance agency is set for March 15 in Arlington, Va., the agency said Tuesday. The Federal Deposit Insurance Corp. (FDIC) said its 12th annual symposium […]
This year’s supervisory priorities for the federal regulator of credit unions include credit risk, liquidity risk, consumer financial protection, information security, and interest-rate risk, and more, the agency said in a letter to credit unions […]
The public comment deadline on a Federal Reserve Board interchange fee proposal, which would lower the maximum interchange fee that a large debit card issuer can receive for a debit card transaction, has been extended […]
Five new members have been named to three-year terms on the Federal Reserve Board’s Community Advisory Council (CAC), which, the Fed says, offers perspectives on matters affecting consumers and communities, particularly low- and moderate-income populations. […]
A firm called Strategic Financial Solutions (SFS), its shell companies and two key architects of a scheme that amassed the firms allegedly more than $100 million in illegal advance fees from consumers are being sued […]
Alleged “false and misleading” statements about federal bank deposit insurance coverage have earned five entities demand letters from the federal insurance agency that they stop and take “immediate action” to address the alleged “misstatements,” the […]
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