State regulators

Banks hoping to make working with the cannabis industry easier saw a positive sign this week when Congress removed the prohibition on a less potent substance.

The two institutions had to change their names after a law passed in the Hawkeye State that forbid CUs from using a state university in their names.

A federal prohibition on marijuana has locked U.S. banks out of an industry surging toward $75 billion in sales. Who's catching that money? A small number of local credit unions, and the women who run their operations.

In a speech in Japan, the comptroller of the currency urged overseas institutions to consider a “single regulatory framework” instead of applying to multiple states.

John Kolhoff will lead the Credit Union Commission of Texas starting in early December.

Jones Methodist Church Credit Union has been ordered to address "unsafe or unsound practices" following nine years of losses and other problems.

Among the three measures is a requirement for boards of publicly traded firms to include more women.

Gov. Jerry Brown’s administration sent letters Wednesday to 20 nonbank lenders that charge triple-digit annual percentage rates to try to determine if their use of online referrals is steering borrowers into larger loans than they want or need.

The Dodd-Frank Act requires that one of the five nonvoting members of the Financial Stability Oversight Council be a state banking supervisor.

If Gov. Jerry Brown signs the legislation headed to his desk, it would be the first law of its kind in the U.S. It is designed to allow small-business owners to make comparisons between offers in the often bewildering world of online business lending.