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Comptroller of the Currency Thomas Curry praised the House for passing a bill to raise the asset threshold to qualify for an 18-month exam cycle to institutions with less than $1 billion of assets, and urged the Senate to follow suit.

Comptroller of the Currency Thomas Curry praised the House for passing a bill to raise the asset threshold to qualify for an 18-month exam cycle to institutions with less than $1 billion of assets, and urged the Senate to follow suit. Meanwhile NCUA, which already has the authority to extend its exam cycle has steadfastly refused to do so.

The National Credit Union Administration struck a cautiously optimistic tone in its latest "economic update" video, posted on YouTube Monday.

A breakdown of M&A announcements in the financial services industry for the week ended October 17.

ALEXANDRIA, Va. — NCUA announced it has entered into an agreement under which investment bank Barclay's Capital will pay $325 million to resolve claims arising from losses related to the purchase of faulty residential mortgage-backed securities by corporate credit unions.

A blog post published Monday by the New York Fed offered the embattled payday lending industry a rare show of regulatory support.

Community banks, frustrated that online and email marketing often gets overlooked, are trying to get people to engage with local businesses in hopes of landing more clients.

WEX has agreed to acquire fleet card provider Electronic Funds Source in a stock-and-cash deal.

Puerto Rico's weak economy is putting pressure on asset quality at the island's banks, says Joseph Pucella, vice president and senior credit officer at Moody's.

M&T Bank in Buffalo, N.Y., reported a higher third-quarter profit as improved net interest income offset declines in trust services, deposit-account fees and mortgage banking.