Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
The confirmation last week of Michelle (“Miki”) Bowman to a full, 14-year term on the Federal Reserve Board (beginning in February) left five more appointments to terms on federal financial regulators remaining to be either […]
The federal bank deposit insurer on Sept. 1 terminated six bank receiverships, stating in a Federal Register notice that it “has fulfilled its obligations and made all dividend distributions required by law.” The six just-terminated receiverships […]
(Updated Sept. 18, 2019) A vote on a final community bank leverage ratio (CBLR), a press conference featuring Federal Reserve Board Chair Jerome (“Jay”) Powell (following the close of a monetary policy setting session), and […]
Deposit totals for the more than 86,000 branches of the nation’s 5,300 banks and thrifts (and U.S. branches of foreign banks) are detailed in the annual survey of federally insured banks and thrifts as of […]
The quarterly summaries of banking and economic conditions in each state at mid-year 2019 are available from the federal insurer of bank deposits, listing individual states’ economic indicators, banking trends and banking profiles. The second-quarter […]
A “disruptor” who understands the need for transformative change and the process for developing and using new technologies in financial services is the ideal candidate for the new chief innovation officer (CINO) position at the […]
A final decision on the proposed Community Bank Leverage Ratio (CBLR) and a proposal on swap margin requirements are on the discussion agenda for the board of the Federal Deposit Insurance Corp. (FDIC) when it […]
Fair lending and flood disaster sections have been updated in the federal insurer of bank deposits’ compliance examination manual (CEM), the agency said Tuesday. The Federal Deposit Insurance Corp. (FDIC) said the updates were made […]
The recent proposal to revise rules governing interest-rate restrictions applied to less-than-well-capitalized depository institutions is summarized in a Financial Institution Letter (FIL) sent Monday by the Federal Deposit Insurance Corp. (FDIC). The proposed rule would […]
At this point in time, the chairman of the federal bank deposit insurer sees no particular impediment to her agency moving in concert with the other two federal banking regulators in an eventual proposal revising […]
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