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Community Banks and Credit Unions |
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Results 1 - 10 of 1409 |
Posted Date: Thursday, April 17, 2025
The Trump administration fired the National Credit Union Administration (NCUA) Board’s two Democratic members. The decision leaves NCUA Chair Kyle Hauptman, a Republican, as the board’s only remaining member. Read on »
Posted Date: Thursday, April 17, 2025
The Office of the Comptroller of the Currency announced an organizational restructure which entails the consolidation of its supervisory functions for large, midsize and community banks, among other changes. The announcement set off alarm bells in the community banking sector. Read on »
Posted Date: Tuesday, April 15, 2025
The House passed its budget resolution, setting the stage for Congress to begin its reconciliation process, which is expected to include discussions about extending the 2017 Tax Cuts and Jobs Act cuts while implementing additional cuts, reducing spending, and raising the debt ceiling. Read on »
Posted Date: Wednesday, April 9, 2025
The House passed a resolution nullifying the Consumer Financial Protection Bureau’s (CFPB) final rule imposing a cap on overdraft fees charged by depository institutions. The 217-211 vote to repeal the controversial rule that would limit the maximum fee consumers could be charged for a single overdraft. Read on »
Posted Date: Tuesday, April 8, 2025
The 2024 Regulatory & Risk Management Indicator Survey by Wolters Kluwer highlighted key shifts in compliance concerns among financial services professionals amid persistent uncertainty from both a regulatory and economic perspective.
The global information services firm supplemented its survey responses, compiled in December last year, with a webinar and a poll shortly after the second Trump administration entered the White House. Read on »
Posted Date: Tuesday, April 8, 2025
The financial services industry has had its hands full keeping up with a multitude of actions by federal agencies rescinding and sometimes replacing guidance and entire programs related to regulatory provisions and the treatment of digital assets. Learn about some of the most recent actions affecting financial policy in this regulatory roundup. Read on »
Posted Date: Tuesday, April 8, 2025
A bipartisan coalition of senators wrote to U.S. Department of the Treasury Secretary Scott Bessent expressing their support for the Treasury’s Community Development Financial Institutions Fund, which a recent executive order from President Donald Trump called for eliminating. Read on »
Posted Date: Tuesday, April 1, 2025
The National Credit Union Administration released its latest quarterly U.S. Map Review report for the fourth quarter of 2024, highlighting trends among credit unions across the nation using an interactive map on the agency’s website. Read on »
Posted Date: Monday, March 17, 2025
While Congress considers legislation regarding the national tax policy, the Independent Community Bankers of America is pushing for an end to federal tax subsidies for credit unions with $1 billion or more in total assets. Efforts to change tax policies benefitting credit unions have garnered pushback from credit union advocates. Read on »
Posted Date: Monday, March 17, 2025
National Credit Union Administration Chair Kyle Hauptman announced changes to overdraft and non-sufficient fund fee data collection policies intended to help credit unions support its members struggling with inflation. Read on »
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