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WASHINGTON—The Federal Reserve Board has finalized new individual capital requirements for large banks, effective Oct. 1, following its annual stress test. The requirements reflect the test’s forward-looking assessment of capital adequacy and risk.

WASHINGTON— Monday morning the Defense Credit Union Council sent multiple letters to key Congressional committees, pressing for legislative and funding priorities that strengthen credit unions’ ability to serve military members, veterans, and underserved communities.

NEW YORK—Fresh research on credit union innovation delivers a message many FinTechs may not want to hear: branches still matter—especially when it comes to retaining the most loyal members.

WASHINGTON— Attorneys general from across the political spectrum are urging congressional leaders in the U.S. House and Senate to advance legislation that would create a safe harbor for financial institutions serving the cannabis industry.

WASHINGTON--Ensuring the credit union perspective on issues before the Federal Reserve is heard by senators as they consider the latest nominee to the Fed Board, America’s Credit Unions submitted a letter to the Senate Banking Committee in advance of the nomination hearing to consider Stephen Miran as a member of the Federal Reserve Board.