Federal financial regulation – Page 477

What's up

[ March 3, 2025 ] NCUA to end credit unions’ reporting of overdraft/NSF fee income via call report NCUA
[ March 3, 2025 ] 10 banks in latest ratings from OCC receive CRA scores of ‘outstanding’ OCC
[ February 28, 2025 ] In letter from Powell, Fed announces March survey of consumer finances, gauging spending, borrowing, banking The Fed
[ February 28, 2025 ] FDIC, OCC plan hundreds of CRA exams over next two quarters FDIC
[ February 28, 2025 ] Disaster relief deployed for banks affected by WV, KY storms FDIC

NCUA’s Harper selects top counsel for staff; former consumer bureau congressional liaison

July 12, 2019 0

A former Consumer Financial Protection Bureau (CFPB) congressional liaison is now the top staff aide to the newest member of the NCUA Board, the agency announced Friday. Catherine Galicia is now senior policy counsel to […]

Growing ‘financial imbalances’ call out for more rigorous use of stress tests, other efforts, Fed gov tells group

July 12, 2019 0

Low spreads on corporate credit and risky corporate debt “at historic highs” suggest growing financial imbalances that should be addressed by a variety of means – including more rigorous use of stress tests and active […]

Credit unions urged to take precautionary steps in face of oncoming Hurricane Barry

July 12, 2019 0

Steps to protect staff, and security of operations, are being advised for credit unions in the path of Tropical Storm Barry as it heads toward the Gulf Coast states, the National Credit Union Administration (NCUA) […]

NCUA final rules on appraisals, fidelity bonds slated; more

July 11, 2019 0

Credit unions may see a final rule approved next week that would remove the need to obtain real estate appraisals for certain commercial real estate loans under $1 million. The National Credit Union Administration (NCUA) […]

Before Senate committee, Powell earns support from Republicans for tenure, work he has done

July 11, 2019 0

Support for the chairman of the Federal Reserve Board – including for the job he is doing and for staying on the job – was offered by senators Thursday from the same party as the […]

New Volcker Rule proposals out this fall, Quarles says

July 11, 2019 0

The top supervisory official at the Federal Reserve Board Thursday said he expects the central bank will have new proposals out early this fall on changes in Volcker Rule limits on proprietary trading and covered […]

Receivership terminated for Illinois bank closed in 2009

July 10, 2019 0

The receivership of Heritage Community Bank, Glenwood, Ill., was terminated July 1 by the Federal Deposit Insurance Corp. (FDIC), according to a notice for the Federal Register. The bank was closed in February 2009 by […]

FDIC, citing transparency, begins to post applications procedures manual online

July 10, 2019 0

Sections of the applications procedures manual that staff at the Federal Deposit Insurance Corp. (FDIC) use to review and process filings have been posted to the agency’s website and are publicly available there. The agency […]

UPDATED: Powell says if president calls, orders him to step down, ‘of course, I would not do that’

July 10, 2019 0

The chairman of the Federal Reserve Board said he would not step down if President Donald Trump ordered him to do so or declared he was fired from his position, the central bank leader told […]

FDIC Board sets July 16 meeting; final rules on joint deposit accounts, timely deposit insurance determination on agenda, with securitization safe harbor proposal

July 10, 2019 0

A final rule on joint deposit accounts is one of three regulations under consideration for a meeting Tuesday (July 16) of the board of the federal insurer of bank deposits. The Federal Deposit Insurance Corp. […]

« 1 … 475 476 477 478 479 … 707 »

NCUA to end credit unions’ reporting of overdraft/NSF fee income via call report

March 3, 2025 0

Credit unions’ federal regulator is ending its one-year-old requirement that credit unions with more than $1 billion in assets report their year-to-date overdraft and non-sufficient fund (NSF) fee income, the agency says. The National Credit Union Administration (NCUA) just began [...]
10 banks in latest ratings from OCC receive CRA scores of ‘outstanding’

March 3, 2025 0

Ten banks earned anti-redlining scores of “outstanding” – out of 26 total banks evaluated – and none earned anything less than “satisfactory,” according to ratings issued Monday by the national bank regulator. The Office of the Comptroller of the Currency [...]
In letter from Powell, Fed announces March survey of consumer finances, gauging spending, borrowing, banking

February 28, 2025 0

A representative picture of what Americans own—from houses and cars to stocks and bonds—how and how much they borrow, and how they bank, as well as their feelings about their economic situation and that of the country more broadly will [...]
FDIC, OCC plan hundreds of CRA exams over next two quarters

February 28, 2025 0

A total of 564 banks are scheduled to receive evaluations of their performance under the anti-redlining Community Reinvestment Act (CRA) over the second and third quarters of this year, according to lists released this week by two federal banking regulators. [...]
Disaster relief deployed for banks affected by WV, KY storms

February 28, 2025 0

Damage from severe weather in West Virginia and Kentucky has triggered the deployment of regulatory relief from the federal bank deposit insurer. Two Financial Institution Letters (FILs), one Friday and the other Thursday, from the Federal Deposit Insurance Corp. (FDIC) [...]
‘No impact’ to financial sector from email security incident at OCC ‘at this time’

February 28, 2025 0

The national bank regulator this week said it has identified, isolated and resolved a security incident affecting an administrative account in the agency’s email system. The incident was reported to the Cybersecurity and Infrastructure Security Agency, or CISA, as required, [...]
Former MT credit union employee barred over findings of fraud

February 28, 2025 0

A former employee of Altana Federal Credit Union in Billings, Mont., is barred from any future work in federally insured financial institutions under a consent prohibition order by the National Credit Union Administration (NCUA). The Feb. 3 order states that [...]