Licenses and charters

With the question of a federal charter still looming, Treasury's last report on changes to the financial regulatory system will focus on nonbanks and new tech startups.

The remarks by the comptroller of the currency came as his agency released a new report on emerging risks in the banking industry.

Judge Dabney Friedrich ruled that the case could not proceed because the OCC has not actually granted the fintech charter to any firm.

Christian credit unions are unique institutions often supported by a faith community, but they face many challenges similar to those of secular CUs.

A decision by the Federal Deposit Insurance Corp. — soon to be under new management — on Square’s ILC application could foreshadow how other fintech firms seek banking powers.

Fintech firms and industry watchers hope the pilot program will help fix a balkanized chartering system, but getting enough states on board to expand the plan's reach could be a challenge.

The House Financial Services Committee held a hearing Tuesday on the fintech industry as Congress is still beginning the conversation about what a legislative approach should look like.

The regulator has approved one more de novo charter in the waning days of 2017 to Civic FCU, which will serve government employees.

The number of newly chartered credit unions can’t compensate for consolidation across the industry, and many sources say that isn’t likely to change anytime soon.

The House Financial Services Committee, by a vote of 60-0, approved a bill amending key provisions of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008.