A reminder of the June 26 due date for applications from low-income-designated credit unions for grants in the Community Development Revolving Loan Fund’s (CDRLF) current round was issued Wednesday by the National Credit Union Administration […]
Topics important to the mutual savings association industry will be on the agenda for a June 29 virtual public meeting of the Office of the Comptroller of the Currency’s (OCC) Mutual Savings Association Advisory Committee […]
Stress test results intended to show whether banks are sufficiently capitalized to absorb losses and continue lending even in a hypothetical severe recession will be released by the Federal Reserve Board at 4:30 p.m. ET […]
Switching interdealer trading conventions from the current LIBOR to a new alternative rate developed (and promoted) by the Federal Reserve Bank of New York was recommended Tuesday by the federal agency overseeing the commodities markets. […]
A meeting of the National Credit Union Administration (NCUA) Board is set Thursday to address a board appeal and will be closed under “exemption (8),” according to the meeting notice. Credit unions are permitted under […]
A reminder of the approaching deadline for papers to be presented at the 20th Annual Bank Research Conference – which still may be held virtually depending on safety amid the COVID-29 pandemic – was issued […]
Actions taken by the federal credit union regulator in April – extending temporary provisions giving credit unions some regulatory relief from savings surges during the coronavirus crisis – were reinforced by the agency Friday in […]
Changes made during its reorganization have led to a loss of fair lending expertise at the federal consumer financial protection agency, and other actions taken by the agency could lead to reduced transparency and difficulty […]
Federally insured credit unions’ (FICUs) net interest margin showed its steepest quarterly decline in a year in first-quarter 2021 data released Friday by the institutions’ federal regulator. The trend is similar to what the Federal […]
“Outstanding” was the rating seven of 18 banks received for their anti-redlining performance evaluations that were made public in May, the national bank regulator said Friday; the other 11 banks received “satisfactory” evaluation ratings. The […]
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