Title: Chartering and Field of Membership Subject: Federal credit unions; chartering, membership Agency: NCUA Status: Proposed rule Summary: The NCUA Board (Board) is proposing to amend its chartering and field of membership (FOM) rules […]
A set of proposed revisions to the federal credit union regulator’s chartering and field-of-membership manual is out for comment until May 30, according to a notice in Tuesday’s Federal Register. The proposed rule was issued […]
A total of 605 federally supervised banks and savings institutions are slated for evaluation under the anti-redlining Community Reinvestment Act (CRA) by the Federal Deposit Insurance Corp. (FDIC) and Office of the Comptroller of the […]
Two former credit union employees who allegedly, respectively, carried out ATM fraud and misappropriated members’ and credit union funds at their institutions are no longer permitted to work in any federally insured financial institution as […]
A mortgage loan business that was ordered in 2015 to stop deceptive advertising to military families was permanently banned from the business Monday and ordered to pay a $1 million civil money penalty (CMP) by […]
Nine large auto lenders were issued orders Thursday to provide information about their auto lending portfolios as part of a pilot program for collecting auto lending data, the Consumer Financial Protection Bureau (CFPB) said. Announcing […]
Thirteen of the 36 banks whose Community Reinvestment Act (CRA) ratings became public from September through November of last year were deemed to be “outstanding,” the Office of the Comptroller of the Currency (OCC) said. […]
Managing interest-rate risk and liquidity risk heads the list of five top management and performance challenges in 2023 identified for the National Credit Union Administration (NCUA) by its inspector general. In all, the NCUA Office […]
Regulations on credit union service organizations (CUSOs), management official interlocks, and member business lending (MBL) are just a few of the one-third of all agency rules being reviewed this year by the National Credit Union […]
A final rule on cyber incident notification requirements, a proposal to revise the agency’s chartering and field-of-membership (FOM) manual, and a report on the credit union share (deposit) insurance fund are the three items slated […]
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