Geopolitics Alpha

Member Business Loans; Commercial Lending

Published . Updated .

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GEOPOLITICS ALPHAMember Business Loans; CommercialLendingGEOPOLITICS ALPHA

The NCUA Board (Board) is amending its regulations governing member business loans and commercial lending. This interim final rule eliminates an outdated, transitional provision that is no longer necessary. This action is necessary to reduce regulatory complexity and improve the clarity of the NCUA's regulations. The intended effect is to enhance clarity and simplify compliance for federally insured credit unions (FICUs).

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLF Financial Select Sector SPDR

    Financial Select Sector SPDR: it holds banks. Linked by “loans” (banks) in this story.

  • KRE SPDR S&P Regional Banking ETF

    SPDR S&P Regional Banking ETF: it holds banks. Linked by “loans” (banks) in this story.

  • JPM JPMorgan Chase

    JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “loans” (banks) in this story.

  • BAC Bank of America

    Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “loans” (banks) in this story.

  • WFC Wells Fargo

    Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “loans” (banks) in this story.

  • C Citigroup

    Citigroup (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “loans” (banks) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLFNo price data for this ticker———————
KRENo price data for this ticker———————
JPMNo price data for this ticker———————
BACNo price data for this ticker———————
WFCNo price data for this ticker———————
CNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

The NCUA Board (Board) is amending its regulations governing member business loans and commercial lending. This interim final rule eliminates an outdated, transitional provision that is no longer necessary. This action is necessary to redu…

Source: Federal Register

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid “Member Business Loans; Commercial Lending” looks

25 out of 100

“Member Business Loans; Commercial Lending” scores 25 out of 100. The score uses 2 sources.