No bank that received a Community Reinvestment Act (CRA) compliance rating from the nation’s top banking regulator in December was rated lower than “satisfactory,” according to a list released Thursday. The Office of the Comptroller […]
Vigorous enforcement of the law will be pursued, but the “costs and benefits to consumers” of enforcement activities and rulemakings will also weighed, according to a memo sent to staff Wednesday by the new director […]
Eleven out of 83 banks receiving evaluation ratings under the anti-redlining Community Reinvestment Act (CRA) in October were rated “outstanding” by the nation’s federal bank deposit insurer, while the remaining 72 were deemed to be […]
By the Senate’s failure to confirm three nominees for seats on federal financial institution regulator boards before adjourning, the White House now faces at least a half dozen open board seats among three regulatory agencies […]
The Senate confirmed 77 presidential nominees by voice vote Wednesday, as it raced to finish its business for the 115th Congress and adjourn, sine die, by noon Thursday – when the 116th Congress takes its place. Not […]
A series of five 2019 workshops offering practical training and guidance to directors of national community banks and federal savings associations (FSAs) has been scheduled in locations throughout the U.S. by the nation’s top banking […]
A former credit union employee who was sentenced to four months’ prison time and ordered to pay more than $460,000 in restitution has been prohibited from participating in the affairs of any federally insured financial […]
More than four in every five of the workers at the federal consumer financial protection agency acknowledge that the work they do is important (and a similar number say they like the work that they […]
Even though the National Flood Insurance Program (NFIP) is unavailable because of the partial federal government shutdown, banks, savings and loan institutions and others can still make loans, the federal banking regulators said in a […]
Reversing a long-standing trend, credit card programs offered with colleges and universities or their affiliated entities increased in 2017, according to a report issued Friday by the federal consumer financial protection agency. In its College […]
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