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The lawmakers said the lack of someone with a state supervisory background among the agency's three inside board seats violates federal law.
January 31 -
The former chief executive at Everglades FCU is banned from any involvement in federally insured financial institutions.
January 31 -
The regional bank is roughly a third of the way to the 260 workers needed to staff the 25 branches it plans to open there over two years.
January 31 -
Although the credit union industry managed to add more loans and members, lending is expected to grow at just 8 percent this year, according to a recent report.
January 31 -
The new asset-based securities lending unit, based in Charlotte, N.C., will provide warehouse lines of credits to nonbank consumer and commercial lenders.
January 31 -
Gatsby, which has built an app to let novice investors buy puts or calls, has received funding from Barclays, Radius Bank and others. Radius is considering offering the service to its customers.
January 31 -
Often considered a rival to mass transit, Uber is inching closer to public transportation by embedding Denver's system for routes within its app, with the capability to purchase and use tickets coming soon.
January 31 -
The combination of their convenient branch networks and strong digital offerings makes large, national banks tough to beat in dispensing financial guidance, consumers say.
January 31 -
Featurespace wants to expand its fraud-fighting tool beyond its core audience of banks and payment processors to cover transactions across a broader industry spectrum including retail, gaming and insurance.
January 31 -
The agency is exploring how to reopen small-dollar lending options for banks, but consumer groups are urging it to maintain pricing limits and other controls.
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