A federal credit union with a multiple common bond field of membership may include in its field of membership underserved communities as defined by the Federal Credit Union Act, the federal credit union regulator said […]
An overview of the new Paycheck Protection Program (PPP) features included in the massive coronavirus crisis relief legislation passed by Congress late last month will be provided in a webinar on Monday (Jan. 11) sponsored […]
Vaccines and their distribution to combat the spread of COVID-19 disease have brightened the outlook for the economy this year and beyond, the vice chair of the Federal Reserve said Friday. In remarks via webcast […]
Nine items – including a proposal on risk-based net worth (complex threshold), an advance notice of proposed rulemaking on simplification of risk based capital requirements and four other final or proposed rules – are all […]
A final rule aimed at limiting the “interconnectedness” of large banking organizations approved by federal banking regulators is set to take effect April 1. Published Wednesday in the Federal Register, the final rule revises the […]
Revisions in the agency’s chartering and field of membership manual in recent years are reflected in revised guidance and templates issued Wednesday in a Letter to Federal Credit Unions from the National Credit Union Administration […]
A former Kentucky banker has been prohibited from future service in a federally insured financial institution following approval of an insider loan and unauthorized access of information of at least two of her bank’s customers, […]
The head of the agency that charters national banks and thrifts on Wednesday welcomed a task force report from the consumer financial protection agency for “endorsing” the need for federal charters for financial technology – […]
A number of provisions contained in the massive appropriations and coronavirus relief legislation signed into law Dec. 27 are highlighted by the federal credit union regulator in a letter to credit unions, sent Thursday. The […]
Federal credit unions’ (FCUs) operating fees and all federally insured credit unions’ (FICUs’) 1% share insurance deposit adjustments will be invoiced in March and due to be paid no later than April 15, the National […]
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