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WASHINGTON—The FDIC, Federal Reserve and OCC have now opened the comment period as they seek feedback on a proposal put forth last week that raises capital standards for some of the nation’s largest financial institutions.

ROME, N.Y.–AmeriCU Credit Union said it has been approved by the New York State Department of Financial Services to expand its field of membership into 15 additional counties across the North Country, Mohawk Valley, Central New York, and Cortland-Ithaca communities.

WASHINGTON—The Senate has passed its version of the fiscal year 2024 National Defense Authorization Act (NDAA) 86-11, and the final bill did not include provisions related to components of the Credit Card Competition Act nor did it include language that would give banks access to leases for facilities on military bases that are equal to those currently provided to credit unions.

WASHINGTON—The House Financial Services Committee has advanced a resolution to void the Consumer Financial Protection Bureau’s section 1071 rule via the Congressional Review Act.