Financial reporting

As the Federal Reserve prepares for its October meeting, many institutions are waiting to see how the board's actions might impact the ongoing war for deposits.

A regulatory proposal to ease the initial margin buffer on certain derivatives trading could be harmful to the economy.

CUs in the Great Lakes State continue to see positive growth, but several key metrics are increasing at a slower pace.

At the median, credit unions saw growth slacken in several key areas during the year ending at June 30.

Loans and net income continued to rise while delinquency rates improved. Other major trends continue, including ongoing consolidation amid sustained membership growth.

Institutions in the Badger State reported that lending was up by almost 6% and delinquencies remained at historic lows.

Lending at credit unions in the Peach State increased by just 0.2%, down from 0.8% growth recorded a quarter earlier.

The Michigan-based institution also recorded increases in earnings, deposits and membership.

The half-dozen institutions all hold less than $50 million in assets – some less than a half-million – and will collectively pay a total of about $5,000 to the U.S. Treasury.

The CFPB is giving trade groups and consumer advocates another three months to comment on its proposal to change what data is collected under the Home Mortgage Disclosure Act.