Failures

First State Bank, which the FDIC sold to MVB Financial, had struggled with profitability and capital levels for several years.

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An uptick in closings is likely, but how many institutions go under and how fast will depend on a variety of factors, including the duration of the pandemic.

The voluntary agreements were meant to help the FDIC make staffing changes ahead of a wave of retirements. But concerns about the coronavirus means those plans will be put on hold.

There are several forbearance measures the agencies can take now to keep banks from failing in a downturn triggered by the coronavirus.

The regulator completed a thorough process, which included ensuring investors would treat borrowers well, before settling on a buyer.

The Credit Union National Association is submitting a FOIA request to get more information about the National Credit Union Administration's recent portfolio sale, but further action could be necessary if those answers aren't satisfactory.

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The credit union regulator's portfolio sale dashed the hopes of a group of New York taxi drivers looking for relief.

The credit union regulator had amassed the loans following the liquidation of several New York-area credit unions with high concentrations of taxi medallion loans.