A proposal for comment on application of the community bank leverage ratio (CBLR) framework to the deposit insurance assessment system is explained in a new Financial Institution Letter issued Tuesday to all banks and thrifts […]
The founder and former chairman of Mariner’s Bancorp, Edgewater, N.J., indicted by a federal grand jury in October for loan fraud, signed a consent order last month with the Federal Reserve Board that suspends and […]
The federal consumer financial protection agency said Tuesday it has slapped a civil money penalty (CMP) of $100,000 against a payday lender with operations in at least seven states, mostly in the southeast U.S., for […]
Ninety-two percent of 79 state nonmember banks recently evaluated by their federal deposit insurer for Community Reinvestment Act (CRA) compliance received the rating of “satisfactory,” while three each were rated “outstanding” and “needs to improve,” […]
Submissions for the annual conference on bank research sponsored by the federal bank deposit insurer are due May 1, the agency said Tuesday, with authors advised of the status of their papers by July. The […]
Monday evening’s meeting between the chairman of the Federal Reserve Board and the president of the United States publicly (at least) resulted in a common theme: The leader of the central bank’s board citing independence […]
The White House announcement Friday that President Donald Trump intends to make another nomination to fill the open seats on the board of the federal credit union regulator – for the first time in three […]
The public comment periods close this week on banking agencies’ proposal to raise the real estate appraisal threshold for banks to $400,000 and, separately, a proposed adjustment in the funds-availability amounts under Regulation CC. Both […]
Demand for loans to businesses weakened in the fourth quarter of 2018, as banks tightened standards for commercial real estate loans and left unchanged terms and standards on commercial and industrial (C&I) loans, a report […]
A joint agency proposal to hike the major assets prohibition thresholds below which banks and thrifts would be exempt from a prohibition on management official interlocks is detailed in a bulletin issued Monday by the […]
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