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20 Jun 2022, 8:49 am by Simon Lovegrove (UK)
In the statement the Eurogroup states that, as an immediate step, work on the Banking Union should focus on strengthening the common framework for bank crisis management and national deposit guarantee schemes (CMDI framework). [read post]
21 Feb 2018, 12:51 pm by John Buhl
Bank associations representing every state in the country sent a letter to Senate Finance Committee Chairman Orrin Hatch (R-Utah) on Tuesday, encouraging Congress to review the tax exemption given to credit unions. [read post]
16 Apr 2014, 5:48 pm by Sabrina I. Pacifici
(See box 1) That is why, in June 2012, Heads of State and Government agreed to create a banking union, completing the economic and monetary union, and allowing for centralised application of EU-wide rules for banks in the euro area (and any non-euro Member States that would want to join). [read post]
5 Mar 2015, 8:36 pm by Sabrina I. Pacifici
This paper presents the formal reactions of the sovereigns and the European Central Bank to the twin crisis, and critically discusses the key problems and the inherent weaknesses which led to the establishment of a banking union for the Euro-area member states. [read post]
26 Jul 2021, 12:40 pm by lennyesq
*** Historical Listing of Banks DFS maintains a historical listing of New York banking institutions – banks and trust companies, savings banks, savings and loans, credit unions, investment companies and foreign banking institutions – that are or were New York State-chartered, as well as most federally chartered institutions that have ever operated in the state of New York. *** Read more… [read post]
30 Jun 2012, 9:56 am by Richard
In Washington State as well as several other states a credit union may set off the debt owed to them against any funds that are left in a bank account at the time of filing. [read post]
30 Jun 2012, 9:56 am by Richard
In Washington State as well as several other states a credit union may set off the debt owed to them against any funds that are left in a bank account at the time of filing. [read post]
12 Jun 2008, 7:26 pm
But now, as he's set to retire after 27 years as an in-house lawyer (24 as GC) at Union Bank of California, McGuckin is pleased to say that things have changed. [read post]
30 Jun 2017, 9:01 am by Elizabeth A. Khalil
Colorado offers the additional benefit of being among the few states to provide a mechanism for allowing state-chartered credit unions to obtain share insurance (comparable to FDIC deposit insurance for banks) from a private insurer rather than from the National Credit Union Administration (NCUA). [read post]
30 Jun 2017, 9:01 am by Elizabeth A. Khalil
Colorado offers the additional benefit of being among the few states to provide a mechanism for allowing state-chartered credit unions to obtain share insurance (comparable to FDIC deposit insurance for banks) from a private insurer rather than from the National Credit Union Administration (NCUA). [read post]
11 Jan 2014, 9:02 pm by John Mesirow
As reported by The Union Leader: Police [in Somersworth, New Hampshire] arrested a Maine man riding a bicycle Friday in connection with a bank robbery across state lines. [read post]
10 Apr 2019, 5:00 am by eileen peck
Identity theft, bank fraud charges sink credit unionThe former manager of the CBS Employees Federal Credit Union faces charges of identity theft and bank fraud. [read post]
20 Apr 2011, 3:42 pm by Sabrina
"This is an interactive map of failed banks and credit unions in the U.S. in 2011. [read post]
10 Jun 2018, 9:30 pm by Charlie Rosenthal
As part of the creation of the banking union, the EU centralized bank regulation under the European Central Bank (ECB) and designed a banking supervision system that could handle the day-to-day regulation of the 119 “significant” EU banks and assist member state regulators in supervising “less significant” banks. [read post]
7 Sep 2010, 1:24 pm by Nonprofit Blogger
As reported in The Capital Times, banks are again questioning the federal and state income tax exemptions granted to credit unions. [read post]
15 May 2013, 5:00 am by Nicole Kellner-Swick
Most national credit unions now offer their customers some type of mobile banking app as well as other mobile banking services, and some, like Twin Star Credit Union, have adopted state-of-the art technology to provide a truly superior mobile experience. [read post]
21 Oct 2021, 5:16 pm by Glen P. Trudel and Ronald K. Vaske
The CFPB, Federal Reserve Board, FDIC NCUA, OCC, in conjunction with the state bank and state credit union regulators, jointly issued a statement on managing the transition away from LIBOR (Joint Statement). [read post]
14 Apr 2022, 12:31 pm by Aileen Ng
CFPB Director Rohit Chopra recently gave opening remarks at the joint meeting of the Community Bank and Credit Union Advisory Councils. [read post]
29 Sep 2011, 9:36 am by Natalie Hamill
Long anticipated plans to introduce a financial transaction tax (FTT) have come a step closer to fruition with the European Commission President announcing the proposal in his state of the union address. [read post]
30 Apr 2016, 1:39 pm by Shriram T. Eachambadi
The Government Development Bank for Puerto Rico (GDB) [official website] announced its agreement [press release, PDF] with various state chartered credit unions in Puerto Rico whereby the maturity date of approximately $33 million of notes issued in a limited private exchange will be extended by one year to May 1, 2017. [read post]