David Mulkerin

On December 16, 2024, the FFIEC released the public disclosures for CRA data submitted for calendar year 2023. TCA – A Better Way!

Based on the 3.4% increase in the Consumer Price Index (CPI-W) in effect on June 1, 2024, the Consumer Financial Protection Bureau (CFPB) released a few new thresholds which go into effect on January 1, 2025. TCA – A Better Way!

It’s that time again. The NMLS 2024 Annual Renewal Period began on November 1 and will end December 31. TCA – A Better Way!

The Board of the FDIC met on October 17, 2024, and delayed the implementation date for the updates to 12 CFR 328 Subpart A (FDIC Official Signs and Advertisement of Membership) which were to go into effect on January 1, 2025. The new mandatory compliance date is May 1, 2025. TCA – A Better Way!

On October 4, 2024, the Federal Reserve Board and the Consumer Financial Protection Bureau jointly issued an increase in the exemption thresholds for Regulation Z and Regulation M exemptions, which are tied to the Consumer Price Index (CPI-W) as of June 1. Loans or leases at or below the thresholds are subject to the protections

On July 16, 2024, the FDIC published a Questions and Answers Related to the FDIC’s Part 328 Final Rule page on their website. The rule is effective as of April 1, 2024 with a mandatory compliance date of January 1, 2025. The FDIC expects to continually update the Q&A as needed. Like most Q&As, some

So, if this article looks familiar, that’s because we sent out a similar version in the past three years and there can still be some confusion as some institutions are open and some are closed. On June 17, 2021, the US got its first national holiday in 38 years. June 19 has been designated as