Title: Request for Information Regarding Medical Payment Products Subject: Medical payment products Agency: CFPB, Treasury, Centers for Medicare & Medicaid Services Status: Request for information Summary: The CFPB, an independent agency, HHS, and the […]
Penalties and restitution totaling more than $160 million against Bank of America for assessments of allegedly illegal overdraft and insufficient funds fees were announced Tuesday by the regulator of national banks and the federal consumer […]
The failure of three, large regional banks in March and May were the products of those banks having insufficient capital, according to the Federal Reserve’s top supervisor, who outlined bank capital reform proposals in a […]
Credit cards and loans, often with high interest rates, allegedly pushed onto patients to pay for their health care costs are under scrutiny by three federal agencies, including the consumer financial protection group. The three […]
Comments are due Aug. 28 on the federal credit union regulator’s June proposal to clarify requirements for a credit union to receive and maintain a “minority depository institution” designation, according to a recent notice in […]
Title: Minority Depository Institution Preservation Program Subject: Minority depository institutions Agency: NCUA Status: Proposed IRPS amendments Summary: The NCUA Board is issuing proposed revisions to Interpretive Ruling and Policy Statement (IRPS) 13–1, regarding the […]
Payments to consumers from a $3.5 million settlement reached three years ago over the charging of illegal fees charged to ostensibly reduce or eliminate federal student loans are being sent as of Thursday, the federal […]
Banking firms in Texas and New York are facing enforcement actions by the Federal Reserve, the agency said Thursday. Herring Bancorp Inc. (HBI), of Amarillo, Texas, and Quontic Bank Acquisition Corp., of Astoria, N.Y., and […]
Growth last year in membership, assets, and loans for minority deposit institution (MDI) credit unions is being touted by their federal regulator in a report issued to Congress Wednesday. According to the National Credit Union […]
The comment deadline on proposed changes to interpretive guidance on how nonbank firms are designated as risks to financial stability – and thus whether they must be subject to Federal Reserve supervision – has been […]
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