Profile

What's up

[ March 26, 2025 ] Credit union agency updates tool for smaller credit unions to calculate CECL NCUA
[ March 25, 2025 ] Interim rule to limit BOI collection to foreign entities set to kick in Wednesday Other
[ March 24, 2025 ] Facing White House demands to cut staffing, credit union regulator board cancels public meeting, struggling to slash workforce by reported nearly 16% NCUA
[ March 24, 2025 ] OCC mortgage metrics data show small increase in loans’ Q4 performance OCC
[ March 21, 2025 ] Bank trading revenue down in Q4; grew year over year OCC

You are not logged in.

Credit union agency updates tool for smaller credit unions to calculate CECL

March 26, 2025 0

An updated “simplified” tool for calculating current expected credit losses (CECL) at smaller credit unions was released Wednesday by their federal regulator, the agency said. The National Credit Union Administration (NCUA) said its Simplified CECL Tool contains the latest “life-of-loan” [...]
Interim rule to limit BOI collection to foreign entities set to kick in Wednesday

March 25, 2025 0

U.S. companies and persons will no longer have to report beneficial ownership information (BOI) to Treasury’s Financial Crimes Enforcement Network (FinCEN) under an interim final rule poised to take effect Wednesday. The interim final rule is being issued with a [...]
Facing White House demands to cut staffing, credit union regulator board cancels public meeting, struggling to slash workforce by reported nearly 16%

March 24, 2025 0

The public meeting of the federal credit union regulator board, set for Thursday (March 27), is now cancelled, according to a notice posted on the agency’s website over the weekend. However, according to recent reporting, the agency board is apparently [...]
OCC mortgage metrics data show small increase in loans’ Q4 performance

March 24, 2025 0

Data on first-lien residential mortgage loans serviced by seven national banks with large mortgage-servicing portfolios shows a 0.1% improvement in the loans’ fourth-quarter performance from 2023 to 2024, the Office of the Comptroller of the Currency (OCC) said Monday. The [...]