Jan 2023

Featured Story

CFPB Proposes Rule to Rein in Excessive Credit Card Late Fees

Proposed rule seeks to close loophole exploited by companies to hike fees with inflation Today, the Consumer Financial Protection Bureau (CFPB) proposed a rule to curb excessive credit card late...

NCUA Releases New Updated FAQs on CECL, Simplified CECL Tool

Jan. 30, 2023 – The NCUA has released updates to its frequently asked questions on the current expected credit losses (CECL) accounting standard and its Simplified CECL Tool. The CECL GAAP...

Fed Governor Michelle W. Bowman’s Speech on the Economy and Bank Supervision

Governor Bowman presented identical remarks to the Florida Bankers Association Leadership Luncheon Events, Tampa, Florida, on January 11, 2023. Thank you, Bill, and I’d also like to thank Alex Sanchez...