WASHINGTON—The Office of the Comptroller of the Currency (OCC) today requested comment on a proposal to update its rules for business combinations involving national banks and federal savings associations. The proposal also includes a policy statement to clarify the OCC’s review of applications under the Bank Merger Act (BMA).
(CN) — After seeing several years of decline, U.S. bankruptcy filings increased nearly 17% last year, according to data published Friday by the Administrative Office of the U.S. Courts.
On January 17, the CFPB issued a proposed new rule to restrict overdraft fees charged by financial institutions. Historically, the Federal Reserve Board exempted banks from credit disclosure requirements when an overdraft was needed to honor checks (for a fee).
January 29th kicks off 2024’s Identity Theft Awareness Week, but consumer-conscious companies promote identity theft awareness – and prevention – 52 weeks a year.
Ottumwa, IA: Newsweek, along with Plant-A Insights Group recently announced that Community 1st Credit Union has been recognized as one of America’s Best Regional Banks and Credit Unions for 2024, receiving a prestigious five-star rating on a five-star scale.
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