OCC Streamlines Web Access to Merger Info, Comments

The banking industry reported a return on assets ratio of 1.37% and aggregate net income of $90.1 billion in the second quarter of 2026, an increase of $9.7 billion, or 12%, from the prior quarter, according to the...

The Treasury Department announced the launch of a new public-private initiative "to help accelerate the U.S. financial sector's transition to quantum-safe technology."

John Crews has been sworn in as chairman of the National Credit Union Administration, the agency announced. Crews currently is the only member of the NCUA board.

Federal housing and banking regulators are rescinding 2022 guidance on special-purpose credit programs, saying the document conflicts with fair lending law.

ABA and the Iowa Bankers Association released new ads highlighting Reps. Ashley Hinson’s (R-Iowa) and Zach Nunn’s (R-Iowa) efforts to help banks better meet the needs of their customers and communities while expanding housing opportunities and driving economic...

Pennsylvania regulators closed Tioga-Franklin Savings Bank in Philadelphia and appointed the FDIC as receiver. Second Federal Savings and Loan Association of Philadelphia agreed to assume all deposits and purchase substantially all assets of the bank.