Federally insured, low-income credit unions that want to become certified community development financial institutions (CDFIs) have until Nov. 30 to apply for qualification in the 2020 funding round using the National Credit Union Administration’s (NCUA) […]
The nation’s chief regulator of national banks and federal savings associations continued to remind of his agency’s focus on potential updates to Community Reinvestment Act (CRA) rules during an address Friday before a conference in […]
Calling one of his predecessors “responsible more than any other person” for an independent and non-politically pressured central bank, today’s chairman of the Federal Reserve referred to that predecessor’s view Monday in underscoring the Fed’s […]
It’s not over yet for legal challenges to membership rules by the federal regulator of credit unions, as the banking industry is seeking review of an appeals court decision that mostly held up the regulations. […]
The Federal Reserve Board chair is busy next week, chairing a public meeting of the board where a substantial final rule will be considered and making several public speaking appearances. Here’s the rundown: Monday (Oct. […]
Title: Federal Credit Union Bylaws Subject: Bylaws Agency: NCUA Status: Final Summary: The NCUA Board (Board) is issuing a final rule to update, clarify, and simplify the federal credit union bylaws (FCU Bylaws). The final […]
The federal insurer of bank deposits on Oct. 1 terminated the receiverships of Freedom Bank of Georgia (Commerce, Ga.) and Valley Bank (Fort Lauderdale, Fla.), according to a Federal Register notice published Friday. The two […]
Final rules on prudential standards and resolution plan requirements for large domestic and foreign banking organizations will be considered by the Federal Reserve Board when it meets Thursday in open session in Washington. The meeting […]
Five banks earned “outstanding” ratings for their compliance with anti-redlining laws and rules – and one bank earned a “needs improvement” score – out of 77 ratings for fulfillment of the requirements issued in July, […]
The federal bank deposit insurer’s Advisory Committee on Economic Inclusion is slated to meet in open session Oct. 22 from 9 a.m to 4 p.m., according to a notice for the Federal Register, to discuss […]
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