Lenwood Brooks is the new director of external affairs for the federal regulator of credit unions, the agency’s board chairman said Wednesday; Brooks joins the agency May 28. In a release, National Credit Union Administration […]
The number of banks and mutual savings associations with exam ratings of 4 or 5 is at its lowest level since 2011, continuing a decline that began eight years ago, the federal regulator for the […]
Four bankers are now members of the Mutual Savings Association Advisory Committee (MSAAC) of the regulator of national banks, the agency announced Wednesday. They join five other current members of the committee. The Office of […]
A proposal to determine the application of regulatory capital requirements for intermediate-sized holding companies of foreign banking organizations (FBOs) is set to be published Friday by the federal banking agencies. Comments will be due June […]
Congress should establish a consistent, nationwide requirement that legal entities provide and update accurate beneficial ownership information, a top official of the regulator of national banks told a Senate committee Tuesday. In testimony before the […]
The first federal credit union chartered in 2019 is now on the books, according to the federal regulator of the financial cooperatives, with service anticipated to 4,200 members and a variety of small businesses related […]
While rising business debt does not elevate risk to financial system stability, the level of debt could stress borrowers if the economy weakens, the chairman of the Federal Reserve Board said Monday. In a speech […]
Meetings of advisory councils and board of the federal consumer financial protection agency are on tap for next month, according to notices set for publication as early as Wednesday. In filings with the Federal Register […]
More than 5,500 credit unions are beginning to receive statements this week showing their share of a $160 million payout by their federal regulator of excess funds from the federal insurance fund for the cooperative […]
A webinar focusing on the interagency final rule on private flood insurance issued in February, and which goes into effect July 1, is scheduled June 18 by the federal insurer of bank deposits; the event […]
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