U.S. Rep. French Hill (R-AR) is seeking comments on a set of principles he developed that support a growing community banking industry. “The House Financial Services Committee has not had a forme...
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A proposed Federal Trade Commission (FTC) settlement would require H&R Block to make multiple changes for the 2025 tax filing season as well as long-term changes. In February, the FTC filed an admi...
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Two Pennsylvania-based credit unions, Beaver Valley Federal Credit Union and Clearview Federal Credit Union, will merge, effective June 2, 2025. The credit unions will collaborate on the integrati...
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U.S. Rep. Vern Buchanan (R-FL) is leading an effort to call on Congressional leadership to provide new funding to replenish the Small Business Administration’s (SBA) disaster loan program. After ...
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The Office of the Comptroller of the Currency (OCC) named two new deputy comptrollers for large bank supervision on Wednesday. Kevin Greenfield, an acting deputy comptroller for large bank supervi...
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The U.S. Federal Reserve Board invited comment this week on a report that examines the impact of a proposed international capital standard (ICS) for large international insurance groups. Specifical...
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Privacy protections for financial information in many states lags behind safeguards in other sectors of the economy, according a recent Consumer Financial Protection Bureau (CFPB) report. The repor...
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A new survey released by the Federal Deposit Insurance Corporation (FDIC) found that almost 96 percent of Americans had bank accounts in 2023. The 2023 FDIC National Survey of Unbanked and Underban...
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The U.S. House of Representatives on Tuesday voted 327-75 to pass the Social Security Fairness Act, bipartisan legislation that would repeal provisions that reduce Social Security benefits for individ...
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The Federal Reserve Board took action against a former executive at Nano Financial Holdings, Inc. and Nano Banc for fraudulently obtaining loans and grants administered under the Coronavirus Aid, Reli...
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