Regulation

The ABA is raising concerns about a credit union's potential plans to change its field of membership from just Lutherans to serve all Christian denominations.

Treasury Secretary Tim Geithner was clearly dedicated to making the Financial Stability Oversight Council work, despite doubts the group of financial regulators would prove unwieldy and ineffective. The question remains, however, whether his nominated successor, Jack Lew, will be as committed to the council.

The quality of lending for most types of loans is likely to remain fairly steady this year, according to a survey of loan officers released Monday by the Federal Reserve Board.

Dodd-Frank repealed the ban on paying interest on business checking accounts. No longer necessary to circumvent that restriction, sweep accounts with overnight repos can still protect and retain high-balance depositors.

The CEO of the country's largest bank sounded off once again, admitting mistakes and waving the banner for banks on Monday in Miami.

Sections of Dodd-Frank and the JOBS Act have made allowances for certain community banks but, whether by design or oversight, have left small thrifts to fend for themselves.

The month of January closed out on a week of surprises, with an unexpected change near the top of the OCC, and a lawmaker's unanticipated push for a new structure at that agency in addition to the CFPB. Following are the six stories you didn't want to miss:

Under pressure from consumer groups and regulators, Urban Trust Bank (UTB) of Lake Mary, Fla., has agreed to stop charging overdraft fees on its prepaid cards.

Net interest margins continued to come under pressure in the fourth quarter. Net interest income, aided by loan growth, held up better.

A unit of Palmetto Bancshares in Greenville, S.C., has shed an enforcement order with the Federal Deposit Insurance Corp.