An online tool to promote creation of new minority banks by helping financial institutions, investors, and other interested groups identify neighborhoods that could benefit from banking services was unveiled Wednesday by the federal insurer of […]
The unbanked and underbanked will be the subject of a Nov. 13 meeting for the economic inclusion committee of the federal insurer of bank deposits, the agency said Wednesday. The Federal Deposit Insurance Corp.’s (FDIC) […]
One bank earned an “outstanding” rating for its compliance with anti-redlining rules, and three banks earned “needs improvement” ratings for their compliance, the federal insurer of bank deposits said in its latest results for the […]
Banks serving borrowers dealing with significant property damage from flooding of Havasupai Tribe lands in Arizona are being offered regulatory relief to extend assistance, the Federal Deposit Insurance Corp. (FDIC) said Thursday. In a Financial […]
A discussion on current banking conditions will highlight the next meeting of the community banking advisory committee of the federal insurer of bank deposits set for Nov. 7, the agency said late Thursday. The Federal […]
A credit union in Jacksonville, Fla., faces at $1.5 million fine for allegedly “stranding consumers” from accessing their money and accounts resulting from the “botched” rollout of a new online banking system, the federal consumer […]
Employee complaints of discrimination and retaliation at the federal insurer of bank deposits will be overseen by the new leader of the agency’s equal employment opportunity office, the agency said Thursday. The Federal Deposit Insurance […]
Four former credit union employees were prohibited in October from further service at federally insured financial institutions, their federal regulator said Thursday, with one in the wake of a $211,000 theft. The National Credit Union […]
Certifying compliance with federal ethics laws and regulations, and promoting a culture of accountability and integrity, are two of the roles assigned to the new chief ethics counsel for the federal credit union regulator, the […]
A budget of $433 million in 2025 – up 12.2% from the current year’s spending plan – is proposed in a draft posted by the federal credit union regulator on its website Wednesday. The National […]
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