Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
A proposal to revise federal deposit insurance regulations to automatically apply small-bank credits to quarterly assessments when the bank deposit insurance fund ratio is at least 1.35% is out for a 30-day public comment period […]
Changes to the “Volcker rule” – called by some long overdue, but by one regulator a total evisceration of measures to prevent risky activities at banks – were approved Tuesday on yet another split vote […]
A final rule with revisions to the Volcker Rule, which generally prohibits proprietary trading by banks with more than $10 billion in consolidated assets, is the top item for discussion Aug. 20 during the next […]
The receiverships of four banks closed in 2010, 2011, and 2017 were terminated Aug. 1 by the Federal Deposit Insurance Corp. (FDIC), the FDIC said in a Federal Registernotice published Wednesday. The agency was charged […]
One bank earned an “outstanding” rating and another a rating of “needs improvement” out of a total 75 evaluations conducted in May for Community Reinvestment Act (CRA) compliance by the federal insurer of bank deposits, […]
It is critical that federal regulators support technological change at the financial institutions that support their vital communities, and a new technology innovation office will help provide that support, the board chairman of the federal […]
Credit risk, particularly among institutions with concentrations of credit, and market risk with an interest-rate environment presenting earning and funding challenges to banks are the key hazards for banks in the months ahead, especially as […]
A Louisiana man pleaded guilty to lying to financial institutions, insurance providers and government entities in an attempt to secure $17 million in loans and credit for his various farming enterprises, the Justice Department and […]
A final rule by the federal bank deposit insurer giving covered depository institutions an option to seek more time to comply with a rule on recordkeeping for timely deposit insurance determination is set to publish […]
Just in time for the group’s meeting this week, the charter of the Community Bank Advisory Committee (CBAC) to the federal insurer of bank deposits has been recommended for renewal by the agency’s board chairman. […]
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