A briefing on the restoration plan for the fund insuring bank deposits is one of two discussion items on the agenda for a meeting next week of the board of the insurance agency. The Federal […]
Regulatory relief for banks in areas of Louisiana affected by severe storms, tornadoes, and flooding last month was announced Thursday in a Federal Deposit Insurance Corp. (FDIC) Financial Institution Letter (FIL). The FDIC said it […]
Title: Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire Subject: Check collection, FedNow Agency: Federal Reserve Status: Final rule Summary: The Board is publishing final amendments to Regulation […]
A consent order issued in 2019 with SunTrust Bank (Atlanta) over unfair and deceptive practices as the bank prepared for a merger with BB&T Corporation (Winston-Salem, N.C.) was terminated Thursday by the Federal Reserve Board, […]
Fintech as an enhancement for “inclusive consumer banking” is among the agenda topics for a conference scheduled for late this month by the federal insurer of bank deposits. Titled “Fintech: A Bridge to Economic Inclusion” […]
A reminder of the June 26 due date for applications from low-income-designated credit unions for grants in the Community Development Revolving Loan Fund’s (CDRLF) current round was issued Wednesday by the National Credit Union Administration […]
Topics important to the mutual savings association industry will be on the agenda for a June 29 virtual public meeting of the Office of the Comptroller of the Currency’s (OCC) Mutual Savings Association Advisory Committee […]
Stress test results intended to show whether banks are sufficiently capitalized to absorb losses and continue lending even in a hypothetical severe recession will be released by the Federal Reserve Board at 4:30 p.m. ET […]
Switching interdealer trading conventions from the current LIBOR to a new alternative rate developed (and promoted) by the Federal Reserve Bank of New York was recommended Tuesday by the federal agency overseeing the commodities markets. […]
A meeting of the National Credit Union Administration (NCUA) Board is set Thursday to address a board appeal and will be closed under “exemption (8),” according to the meeting notice. Credit unions are permitted under […]
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