Top headlines in today’s news …
Federally insured credit unions (FICUs) saw continued, albeit slowing, loan growth during the four quarters ending Sept. 30, with total loans growing 5.9% during the period, down from 9.5% for the same period ending 12 […]
Revising anti-redlining regulations will be on the agenda for the board of the federal insurer of bank deposits when it meets Thursday, along with a proposal on brokered deposits restrictions, the agency said Friday. The […]
A final rule likely providing for a new delay in implementation of a risk-based capital rule that applies to “complex” credit unions is slated for action next week by the National Credit Union Administration (NCUA) […]
A brief, but exacting, lecture on financial regulator independence was delivered by the top Democrat of the Senate Banking Committee to the top federal credit union regulator at a hearing Thursday in Washington. Sen. Sherrod […]
The nation’s top regulator of federally chartered banks failed to appear before a House committee’s oversight hearing with other regulators Wednesday, leaving his written statement to speak for him on a variety of key issues, […]
The value of information not typically found in a consumer’s credit report, used against the backdrop of a well-designed compliance management program, is recognized as potentially helpful in credit underwriting in a statement issued jointly […]
Some financial institutions could estimate certain remittance fee and exchange rate information – instead of disclosing exact amounts in certain circumstances – under a proposal issued by the federal consumer financial protection agency Tuesday. The […]
Banks are no longer required to file suspicious activity reports (SAR) for customers solely because they are legally growing hemp, according to a statement published Tuesday by federal banking agencies, federal law enforcement and state […]
A one-year waiver of appraiser credentialing requirements for federally related residential real estate transactions in North Dakota will terminate this Dec. 8 under a waiver condition based on federal banking agency rulemaking, according to a […]
U.S. banking organizations continue to maintain strong capital and liquidity levels, with healthy loan growth and continued profitability, the Federal Reserve said in a report issued Tuesday. In its latest financial supervision and regulation report, […]
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