Crapo delivers crushing blow to pot banking
The Senate Banking Committee chairman said he opposed a House bill that would give financial institutions legal cover to serve cannabis businesses. ... Read full article
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NCUA approves budget, delays capital plan. No one's happy.
The National Credit Union Administration board signed off on a controversial budget, and it delayed its risk-based capital rule to buy itself time amid complaints by bankers. ... Read full article
NCUA follows bank regulators’ lead on home appraisals
A new National Credit Union Administration proposal would raise the threshold for residential mortgages that require appraisals. However, the final rule is by no means a done deal. ... Read full article
Indiana bank lines up rare credit union acquisition
First Bank of Berne has agreed to acquire Adams County Credit Union, flipping the script in a year in which 14 credit unions have announced deals to buy banks. ... Read full article