Telephone and electronic participation at all board of directors, shareholder, and member meetings are allowed, a bulletin outlining an interim final rule (IFR) issued Monday by the federal regulator of national banks makes clear. The […]
The exit by Friday of Joseph Otting from his office as comptroller of the currency will mark a number of milestones, including: His tenure of 29 months as leader of the Office of the Comptroller […]
A former senior management official at First National Bank (Bagley, Minn.) has been barred from future service in financial institutions and ordered to pay a $15,000 civil money penalty for causing the bank to pay […]
A 40-minute webinar explaining the workings of the Central Liquidity Facility (CLF) is available on demand via the National Credit Union Administration’s (NCUA) website, the agency said Tuesday. The webinar, with opening remarks by NCUA […]
Prospective members of the Federal Reserve’s Community Advisory Council (CAC) have 30 more days or so to apply for a position on the panel, the agency said Monday. The Fed, in a release, said it […]
A credit repair company based in Boston faces a joint lawsuit by state and federal authorities charging the firm violated prohibitions against deceptive acts or practices in collecting at least $23 million in fees from […]
A reminder that credit unions have only until May 31 to apply to use the National Credit Union Administration’s streamlined process for obtaining community development financial institution (CDFI) certification was issued by email Friday by […]
Two templates that providers can use to seek “no action letters” (NALs) for use of a specific online mortgage loss mitigation application platform and for their small-dollar credit products were released Friday by the Consumer […]
Complaints about mortgages and credit cards top those related to the coronavirus crisis that have been received by the federal consumer financial protection agency during the pandemic, the agency said Friday, with total complaints reaching […]
Outgoing Comptroller of the Currency Joseph Otting received a warm farewell from the board chairman at the federal credit union regulator Friday, the first (and, so far, only) of the national bank regulator’s federal regulator […]
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