Week ahead: Credit unions lay out lame-duck priorities


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


What’s behind the unlikely First Citizens-CIT deal


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.


Small banks turn to German fintech for deposit-gathering help

10/07/20 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.


Brokered deposits aren't 'hot money'


Many community banks need brokered deposits to help fund loans, so policymakers must strike the right balance between promoting liquidity and guarding against reckless lending.


Banks urge Fed to revise liquidity rule after pandemic shock


The industry is warning regulators putting the finishing touches on the Net Stable Funding Ratio that the measure could exacerbate volatile market events like the spring selloff of Treasury securities.


Deposit glut could dog banks well into next year


The flood of liquidity that accompanied the pandemic recession isn’t likely to subside anytime soon. Banks will have to employ a mix of securities buying, hedging and other balance-sheet-management tricks to prop up margins longer than initially imagined.


State regulator group offers guidance for mortgage servicing oversight


The proposed best practices would be modeled after federal servicing standards and be used to supervise nonbanks firms subject to state regimes.


How a tweak to the Federal Home Loan banks could save cities


Congress should pass legislation that would allow Home Loan banks to backstop deposits by local governments at commercial banks and lower the cost of bond financing, two mayors argue.


NCUA’s Harper warns of possible premiums as Hood teases new department


Two board members for the credit union regulator spoke during a NAFCU event, highlighting liquidity issues, plans for new departments at the agency and more.


Changes to NCUA's liquidity tool should sunset at year-end


For all the damage from the pandemic and economic downturn, this crisis has not impacted liquidity. Lawmakers would be foolish to permanently alter the Central Liquidity Facility.