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Agencies issue joint statement on institutions affected by Hurricane Milton

Federal and state financial regulators issued a joint statement saying they recognize the serious impact of Hurricane Milton on the customers and operations of many financial institutions.

Oct 16, 2024
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Article
Agencies/Regulators 

ICBA CRA Solutions/Senior Housing Crime Prevention Foundation Names New Chairman

ICBA CRA Solutions/Senior Housing Crime Prevention Foundation today announced the election of Gary Teagno, president and founder of Zeus Advisory Services as chairman of the Senior Housing Crime...

Oct 15, 2024
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Article

ICBA Commends FDIC Proposal to Enhance Industrial Loan Company Oversight as Polling Shows Concerns with ILC Loophole

ICBA today expressed support for an FDIC proposed rule that would enhance oversight of industrial loan companies, or ILCs.

Oct 11, 2024
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Article
Federal Deposit Insurance Corporation (FDIC) Lending

Fed’s Bowman cites community bank, credit union regulatory disparities

Federal Reserve Governor Michelle Bowman said regulatory disparities between community banks and nonbank providers—including credit unions—can have a distortive effect on competition.

Oct 15, 2024
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Article
Federal Reserve