A small Pennsylvania credit union was liquidated after the federal regulator found it “was insolvent and had no prospect for restoring viable operations,” the agency said late Wednesday. Copper & Glass Federal Credit Union (FCU) […]
U.S. commercial banks had $14.9 billion in cumulative trading revenue in the fourth quarter of 2025 – down $2.9 billion, or 16.3%, from the previous quarter and $680 million, or 4%, from a year earlier, […]
Theft and bank fraud convictions has led to the prohibition of two former credit union workers, the federal agency announced Tuesday. The National Credit Union Administration (NCUA) said Jacqueline Burns, former employee of Galveston Government […]
Four of the 18 banks that received Community Reinvestment Act (CRA) evaluation ratings in March from the national bank regulator were deemed “outstanding,” with the remaining 14 rated “satisfactory,” according to information released Wednesday. The […]
Violations of truth-in-lending, electronic fund transfer and flood insurance regulations were among the top consumer regulatory abuses reported by bank in 2025, the federal bank deposit insurance agency said Wednesday. In its semi-annual report on […]
Recovery planning guidelines will be rescinded for some large banks under a final rule issued Wednesday by the national bank regulator. The rule takes effect 30 days after its publication in the Federal Register, the […]
No limits on purchase or participation in indirect auto loans serviced by a third party would be imposed on credit unions under a proposal issued by their federal regulator Tuesday. In its so-called “eighth round” […]
The latest life-of-loan—or Weighted Average Remaining Maturity—factors are included in the March 2026 update of the simplified tool the federal regulator provides to smaller credit unions for estimating the allowance for credit losses on loans […]
A former relationship banker at Regions Bank, Birmingham, Ala., is barred from any future service in federally insured financial institutions under a March consent order finding that she withdrew $323,500 from a bank customer’s account […]
A series of six in-person, full-day workshops for board directors and senior management of national community banks and federal savings associations is being offered by the national bank regulator in 2026, the agency said Thursday. […]
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