The newest member of the board for the federal credit union regulator was officially sworn in and joined the panel Monday, according to news reports. The website CUToday.info reported that Tanya Otsuka was sworn in […]
New civil money penalty (CMP) amounts, adjusted for inflation, were announced Monday under a final rule issued by the federal consumer financial protection agency; the increased penalty amounts take effect Jan. 15. The Consumer Financial […]
A bank loan through the State Small Business Credit Initiative may be eligible for Community Reinvestment Act (CRA) credit, according to a frequently asked questions (FAQ) document published Monday by the national bank regulator under […]
A new inspector general has taken office for the federal insurer of bank deposits, the agency said Monday, following her confirmation by the Senate late last month. Jennifer L. Fain is the agency’s fourth presidentially […]
Proposed changes in banks’ regulatory reporting, many of which would take effect this June, are discussed in a Financial Institution Letter (FIL) issued Friday by the federal insurer of bank deposits. The Federal Deposit Insurance […]
The federal consumer protection agency on Friday issued a report on observations regarding borrowers’ return to federal student loan repayment that it says may hold serious implications for not only borrowers but the broader economy. […]
This story has been edited for a correction the FDIC made to its list released Thursday; the list now includes 68 banks, not 69. Four out of the 68 banks whose Community Reinvestment Act (CRA) […]
A comparison of how lending and bank performance during the stagflation periods of the 1970s and recent high inflation with a focus on the effects on deposits is the topic of the latest report from […]
Filings for data collected last year under home mortgage disclosure requirements are due by March 1, the federal consumer financial protection agency said Thursday, noting that the filing period opened on Jan. 1. The Consumer […]
Nine banks and a company serving banks were slapped with enforcement actions by the federal insurer of bank deposits in November, while one former credit union worker was prohibited from further service at financial institutions […]
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