June 30 is the deadline to apply for mentoring grants of up to $25,000 for small, low-income credit unions certified as minority depository institutions (MDIs), their federal regulator said Wednesday in a reminder. According to […]
Better understanding, and use, of the U.S. export credit agency by credit unions, primarily through education opportunities, is the stated aim of an agreement announced Tuesday by the federal credit union regulator and the credit […]
Data on the performance of banks in the first quarter will be released June 16 with a public briefing by the federal insurer of bank deposits, the agency said Tuesday. The results will be released […]
A fact sheet on title insurance disclosures and updated frequently asked questions (FAQs) – such as the requirement to include seller information in some instances – for required disclosures about home mortgages were issued Tuesday […]
Earnings retention required for credit unions classified as adequately capitalized, and credit unions’ streamlined net worth restoration plans (NWRPs), are addressed in a letter to credit unions issued by their federal regulator Tuesday. In May, […]
Arson and conspiracy to commit bank fraud was admitted by the former president of a failed Texas bank in pleas entered into federal court late last week. Anita Gail Moody, 57, of Cooper, Texas, pleaded […]
An update on the impact of elder financial exploitation and scams related to the coronavirus (COVID-19) crisis will be explored in a Thursday (June 11) webinar hosted by the federal credit union regulator and featuring […]
Racism and discrimination must not be tolerated, a joint statement released Friday by all federal financial institution regulators stated in the wake of the death of a Minneapolis man during a police apprehension last week. […]
Updates on rules for bank activities and operations – including addressing permissible derivatives activities for national banks – and a comment request on banks’ digital activities were issued Thursday by the banks’ federal regulator. In […]
Changes in disclosure provisions for open-end and closed-end loan products to provide examples of replacement indices for a widely used reference rate whose use is expected to be discontinued after 2021 was proposed by the […]
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