The Federal Deposit Insurance Corp. (FDIC) and Operation HOPE Inc. on Monday announced a collaboration arrangement on financial education that includes resource sharing to educate minority- and/or women-owned businesses on how to compete for business […]
A final rule aimed at simplifying deposit insurance coverage for deposits held in connection with revocable and irrevocable trusts was approved Friday by the Federal Deposit Insurance Corp. (FDIC) Board, the agency announced. The rule, […]
Todd Harper’s nomination to a full term on the National Credit Union Administration (NCUA) Board, one of only two nominations approved by the Senate Banking Committee Thursday that won better than a tie vote from […]
Credit unions will be invoiced for operating fees and any adjustments due to their federal share insurance capitalization deposits in March, with payment due no later than April 15, according to a Letter to Federal […]
Flagstar Bank, FSB, of Troy, Mich., was hit with a $3.62 million civil money penalty (CMP) by its federal regulator in December, which identified a “pattern or practice” of violations of federal flood insurance requirements […]
Banks serving areas affected by the severe storms and straight-line winds and tornadoes in Tennessee the first half of December are being extended regulatory relief, including the prospect of Community Reinvestment Act (CRA) consideration, by […]
Three nominations to serve on the Federal Reserve Board, including one to fill the now-vacant vice chair of supervision seat, were sent by the White House Thursday to the full Senate and await further action. […]
Four of the five federal financial institution regulators have been urged to take actions – ranging in number from one to five – to better protect the personally identifiable information (PII) they collect use, and […]
A set of regulatory relief measures has been deployed by the federal bank deposit insurer for financial institutions in areas of Washington affected by flooding and mudslides in November, according to a Financial Institution Letter […]
Entities using a “multitude” of fictitious names and websites are purporting to offer banking services in the state of Florida, according to a report circulated in an alert Tuesday by the Office of the Comptroller […]
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