Survey: Banks, CUs Less Concerned About Regulation Than Last Year
U.S. credit unions and banks are feeling better about managing their risk and regulatory compliance obligations than they did last year.
OCC to Accept Applications for National Fintech Charters
The Office of the Comptroller of the Currency announced yesterday that it would begin accepting applications for national bank charters from fintech companies, a move that could streamline the regulatory process for innovators in the banking space.
Fed Provides More Insight on New Regulation for $100B to $250B Banks
The top regulator at the Federal Reserve has provided more clarity into how the agency plans to regulate banks between $100 billion and $250 billion, following the passage of the Dodd-Frank relief bill earlier this year.
Rockland Pushes Past $8B In Assets After Second Quarter
Another strong quarter for Independent Bank Corp., the parent company of Rockland Trust Co., put the bank over $8 billion in assets, inching closer to the $10 billion threshold and therefore more regulatory oversight from the federal government.
Tarullo To Depart Fed Board Of Governors
Daniel Tarullo will resign from the Federal Reserve Board of Governors effective in April, he said in a letter to the president on Friday.
CCU Association Head Urges Longer Exam Cycles For Well-Run Credit Unions
The head of the Cooperative Credit Union Association...Echoes of HarborOne? Not so fast…
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