Demands to cease and desist from making false and misleading statements about federal deposit insurance was issued in letters to three firms Thursday by the Federal Deposit Insurance Corp. (FDIC). The FDIC letters to Bodega […]
A request for comment on the methodology for the agency’s operating fee schedule is slated for consideration during the National Credit Union Administration (NCUA) Board’s open meeting next Thursday, according to the meeting agenda. The […]
A new market practice – zero-dollar request for payment (RFP) – has been defined to support the launch slated next month of the Federal Reserve’s instant-payments FedNow Service, according to a blog post Thursday on […]
A hearing on the president’s nominations of three individuals to Federal Reserve Board terms is scheduled for next Wednesday by the Senate Banking Committee, chaired by Sen. Sherrod Brown (D-Ohio). The Senate on May 15 […]
Federal banking agencies have adopted some of the revisions proposed in February to the call report filed by federally supervised banking organizations but will make those effective as of the Sept. 30, 2023, report date […]
Two workshops covering credit risk and operational risk and targeted to national bank and federal savings association directors are scheduled July 18-19 in Minneapolis by the Office of the Comptroller of the Currency (OCC). The […]
A medical debt collector that in “at least thousands of times” continued efforts to collect on debt that was not substantiated after a consumer disputed the debt’s validity must pay redress plus a $1.675 million […]
Topics of interest to the mutual savings association industry will be discussed publicly during a June 27 advisory committee meeting at the Office of the Comptroller of the Currency (OCC). The OCC’s Mutual Savings Association […]
Updates made in May to the federal deposit insurance agency’s Consumer Compliance Examination Manual (CEM) were announced June 2 and are available on the agency’s website. The Federal Deposit Insurance Corp. (FDIC) CEM provides supervisory […]
Banks in Guam are being encouraged to work with borrowers experiencing difficulties beyond their control because of damage caused by Typhoo Mawar, the federal bank deposit insurance agency said Friday. In a Financial Institution Letter […]
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