Closing the temporary fund meant to resolve troubled corporate credit unions is among the top achievements cited by the federal regulator of credit unions in its annual report for last year. In its annual report […]
The federal insurance fund for bank deposits is expected to reach its statutory reserve target by the second half of this year – good news for larger banks, which will see quarterly surcharges end when […]
The National Credit Union Administration (NCUA) Board’s March 15 proposal on suspension and debarment of contractors and advance notice of proposed rulemaking (ANPR) on federal credit union (FCU) bylaws are slated for publication Wednesday in […]
Eight federal financial industry bills, three of them reflecting measures found in the recently Senate-passed bill dialing back some Dodd-Frank Act reforms, are slated for mark-up Wednesday by the full House Financial Services Committee. The […]
The deadline for submitting submissions (on paper) for presentation at the Eighth Annual Consumer Research Symposium, hosted by the Federal Deposit Insurance Corp. (FDIC) in the fall, is June 4. The annual event, set for […]
Educational materials outlining the lifecycles, security characteristics and relevant laws and regulations for the most common payment types were published Friday as a last act of a Federal Reserve group dedicated to studying payments systems. […]
Two more pieces of legislation related to federal financial institution regulation are scheduled to be considered on the House floor this week as lawmakers consider measures limiting stress testing at non-bank financial companies and how […]
A $1 million civil money penalty was assessed against a former Chicago bank chief executive in February for alleged actions taken that ultimately led to the failure of the bank and caused a $111 million […]
The streamlined application process opens Monday for qualified federally insured, low-income credit unions interested in becoming community development financial institutions, the federal credit union regulator said Friday. In a release, the National Credit Union Administration […]
Foreclosures inched up in the fourth quarter by 0.7% at national banks and federal savings associations, while the number of performing first-lien mortgages were largely unchanged, according to the federal regulator of the institutions. However, […]
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