Liquidity

Deposit glut ties Regions' hands

01/22/21

Deposits are soaring while loan demand lags and mortgage-backed securities offer weak returns. So the Alabama company has parked loads of cash at the Fed in hopes the economy will pick up steam before profit margins suffer.

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Credit unions get their wish with extension of CLF changes

12/28/20

Provisions implemented under the CARES Act that made it easier for institutions to utilize NCUA's Central Liquidity Facility have been extended for a year with the signing of Consolidated Appropriations Act.

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A race against the clock to extend credit unions' liquidity backstop

12/07/20

Thousands of institutions could lose a safety net on New Year's Day if Congress fails to act before leaving for the holidays.

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Fed to return lending-backstop funds to Treasury as requested

11/20/20

The move comes a day after the Federal Reserve had balked at the Treasury Department's demand that it return funds meant for pandemic relief that have so far gone unused.

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Congress splits along party lines over move to end Fed facilities

11/20/20

Democrats called the decision by Treasury Secretary Steve Mnuchin "misguided," arguing that it's too soon to shutter the Federal Reserve's emergency-lending programs. Republicans say the programs have run their course and should expire a the end of the year.

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Shadow lenders poised to get tougher rules in global crackdown

11/17/20

Global regulators are preparing to tighten restrictions on companies believed to have threatened the financial system at the height of pandemic-fueled volatility.

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NCUA's Hood to Senate panel: Extend CARES Act provisions for credit unions

11/10/20

The chairman of the National Credit Union Administration said during his limited time in a Senate Banking Committee hearing that he hoped changes to the agency's Central Liquidity Facility would last for the duration of the pandemic.

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Week ahead: Credit unions lay out lame-duck priorities

11/09/20

The industry is calling for lawmakers to extend changes to NCUA's Central Liquidity Facility and more before Congress adjourns.

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What’s behind the unlikely First Citizens-CIT deal

10/16/20

The family-owned bank from the South and the New York commercial lender each would fill a clear need for the other. First Citizens would gain business lending expertise and an online deposit-gathering platform, and CIT would get the cheap deposits it coveted.

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Small banks turn to German fintech for deposit-gathering help

10/07/20

SaveBetter.com from Deposit Solutions lets consumers shop for different savings products through one portal and provides national exposure for participating banks, which include Ponce Bank in New York and Central Bank of Kansas City.

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