WASHINGTON–The Community Bank Sensible Regulation Act of 2015 has been introduced in the Senate by Sen. Susan Collins (R-ME) and would exempt community banks from certain rules and regulations of the FDIC, OCC and the Fed.
Fresh Today
ARLINGTON, Va.–In a phrase that would have seemed completely foreign just a few years ago, “loan growth decelerated to 10.8% in May year over year,” according to the latest NAFCU CU & Economic Monitor.
ALEXANDRIA, Va.—NCUA’s final risk-based capital rule could come up for a vote as early as the September NCUA board meeting, according to one source.
ALEXANDRIA, Va.—NCUA Thursday liquidated Lakeside Federal Credit Union in Hammond, Ind.
HERSHEY, Penn.–Some of Pennsylvania’s credit unions are getting a personal look at the threat from data breaches.
PORTSMOUTH, N.H.–Service Credit Union here reported it has been approved to add all military veterans and Department of Defense civilian employees—regardless of their length of government service—and their families to its field of membership.
NEW HAVEN, Conn.—Enforcement actions hit a new all-time high during the second quarter of 2015 as regulators continued to crack down on non-compliant financial institutions, according to the Q2 2015 Banking Compliance Index.
IRVINE, Calif.—New data show that the foreclosure inventory declined by 27.4% and completed foreclosures declined by 19.2% from May 2014, according to CoreLogic’s May 2015 National Foreclosure Report.
WASHINGTON—The Consumer Financial Protection Bureau has launched the first in a new series of monthly reports to highlight key trends from consumer complaints submitted to the Bureau.
ARLINGTON, Va.–NAFCU will be hosting its Regulatory Compliance Seminar in San Antonio from Nov. 3-6 at the Hilton Palacio del Rio.