Compliance

The trade group representing state regulators and state-chartered CUs is pressing NCUA for more details on why the agency believes OTR shouldn't be subject to public notice and comment.

Ocwen Financial's internal review group is "independent," and the Atlanta servicer is in compliance with the national mortgage settlement, settlement monitor Joseph A. Smith said Tuesday.

A federal judge has overturned a New York City law that would have required banks to make new disclosures regarding their investments in local communities.

Jolina M. Sanchez faces trial for allegedly diverting over $300,000 in member deposits.

Community banks are being crushed by burdensome rules and regulations. Policymakers should recognize their plight and scale back Dodd-Frank.

Democrats are demanding action for pending nominees before the Senate Banking Committee — here's what happens next and why it matters.

Sen. Marco Rubio, R-Fla., called for dismantling the Dodd-Frank Act Thursday night during the first Republican primary debate.

Debit cardholders initiate an average of nearly 30 debit transactions a month for the top issuers, but the rate of activity can vary wildly — with those top issuers seeing about twice as many transactions as those without strong debit business.

The New York Bankers Association is challenging the legality of a local law that is designed to cajole banks into making larger investments in poorer communities. The outcome could be an important precedent in relation to similar laws in other cities.

Credit union trade groups want U.S. Senate leaders to oppose an amendment to the Cybersecurity Information Sharing Act (CISA) that would give NCUA the authority to regulate and examine third-party vendors to CUs.

The credit union movement is doing well overall, but NCUA Vice Chair Rick Metsger says it is up to CU boards of directors to make sure their individual credit unions are getting their fair share of loans.

Lawyers' private emails reveal just how much a pair of 2013 interchange-fee settlements favored the credit card industry. But those suits could be headed back to square one, giving retailers the chance to fight for better terms.

NCUA announced that New Bethel Federal Credit Union of Portsmouth, Va., was voluntarily liquidated. The decision was made after "determining the credit union was unable to restore viable operations."

Bureau's IG finds cost to renovate its offices were in line with similar projects taken on by other agencies and not extravagant.

WASHINGTON — More than a dozen Senate Democrats introduced legislation Wednesday that would prohibit employers from requiring job applicants to supply their credit histories.

NCR Corp. said the U.S. Securities and Exchange Commission doesn't intend to recommend enforcement action against the company over 2012 allegations of foreign business violations.

Sen. Richard Blumenthal (D-Conn.) is asking the Merchant Customer Exchange to explain why Apple Pay and other Near Field Communication-based payment systems were prohibited in some MCX stores shortly after the Apple wallet's 2014 launch.

Lawyer misbehavior caused a judge to torpedo American Express' interchange-fee settlement with retailers, a decision that imperils a similar settlement with Visa and MasterCard.

A U.S. judge rejected American Express Co.'s settlement with merchants over credit card fees after finding the plaintiffs' lawyer tainted the deal by exchanging confidential information with an attorney for MasterCard Inc.

Four Oaks Bank & Trust in Four Oaks, N.C., said its May 2011 enforcement action has been replaced with a more lenient agreement that requires it to address governance issues and other matters.