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The National Credit Union Administration (NCUA) has awarded grants totaling almost $2.5 million that will help 309 low-income credit unions "expand services to under-served communities, train staff, improve cyber-security and provide students with work experience."
July 26 -
2016 platform focuses on need for financial industry regulation rather than post-crisis housing reforms.
July 26 -
Bitcoin is property, not money, a Florida judge ruled Monday in a criminal case against a man accused of money laundering and unlicensed money transmission.
July 26 -
Despite fears that increased compliance costs from new Consumer Financial Protection Bureau rules could drive community lenders out of the mortgage business, a watchdog report found that smaller companies remain active.
July 25 -
Despite fears that increased compliance costs from new Consumer Financial Protection Bureau rules could drive community lenders out of the mortgage business, a watchdog report found that smaller companies remain active.
July 25 -
A recent government report says Britain's vote to leave the EU could have a lasting impact on the U.S. economy.
July 25 -
Regulators are removing several items from call reports, including details on troubled-debt restructurings and loss-share portfolios. Bankers are pleased, but the absence of certain data could frustrate outsiders.
July 25 -
Federal regulators warned mortgage servicers Monday that they will still expect them to offer loan modifications to distressed homeowners even after the Home Affordable Modification Program expires at yearend.
July 25 -
To hear PayPal CEO Dan Schulman tell it, his company's agreement with Visa this week is a transformative and history-making deal. But in at least one way, PayPal must make sure that history does not repeat itself.
July 22 -
Despite being warmly received by the industry, the nomination joins a long list of presidential appointments that are being help up in the Senate.
July 22 -
The Consumer Financial Protection Bureau's plan to rein in payday and other lenders has some noticeable benefits for consumers, but much of the proposal should be revised.
July 22 -
Banking trade groups are asking the government to issue additional regulations to block the CFPB from seeking more data from FIs.
July 21 -
The National Credit Union Administration also announced an expected $2.7 million reduction in planned spending for the year.
July 21 -
HUD reverses course and decides to investigate findings by Inspector General that some DPA programs don't comply with FHA rules.
July 21 -
The Consumer Financial Protection Bureaus fifth anniversary marks an important shift for the agency in which it pivots from rules required by the Dodd-Frank Act to pursuing other areas.
July 20 -
More than two dozen Democratic senators are calling on the Consumer Financial Protection Bureau to strengthen its payday lending proposal, arguing it contains loopholes that can be exploited by abusive lenders.
July 20 -
While surprised and alarmed by Donald Trump's decision to add the reinstatement of the 1930s-era banking law to the GOP platform, Republican lawmakers at the convention in Cleveland maintained that Trump is a better choice for the economy and the financial system. Here's why.
July 20 -
The National Association of Federal Credit Unions is pressuring the federal credit union regulator to reintroduce public budget hearings.
July 19 -
The National Association of State Credit Union Supervisors (NASCUS) announced that it has re-accredited the Kansas Department of Credit Unions (KDCU) -- the fourth such designation by NASCUS for the state department since 1995.
July 19 -
Congress appears to have reached an overwhelming consensus of support for small bank carve-outs with 70% of the Senate called for the CFPB to exempt credit unions and community banks from certain regulations. Whether signing a letter of support will make a difference in the debate is unclear.
July 19








