Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Reiterating numbers released four weeks ago, the Federal Deposit Insurance Corp. (FDIC) on Wednesday said in a release that federally insured commercial banks and thrifts closed the first quarter of 2019 with aggregate net income […]
Strategies for addressing and preventing elder financial abuse – including a discussion of the benefits of “appropriate collaboration” between financial institutions and law enforcement – will be presented in a July 25 webinar jointly sponsored […]
Up to five prize competitions with as many as 300 participants each could be sponsored by the Federal Deposit Insurance Corp. (FDIC) – alone or with other agencies – over the coming few years to […]
A new subcommittee and new series of roundtables focused on business practices and opportunities for minority depository institutions (MDIs) were announced by the head of the federal bank deposit insurer Tuesday during an interagency conference […]
Financial performance at minority depository institutions (MDIs) over the past five years has significantly improved, both in revenue generation and loan performance, a new study from the federal insurer of bank deposits has found. In […]
Amy C. Thompson, most recently the principal communications advisor to the federal housing secretary and having previously led communications for a payday lender group, has been named director of the Office of Communications at the […]
Title: Reduced Reporting for Covered Depository Institutions Subject: Call reports Agency: FDIC, Federal Reserve, OCC Status: Final rule Summary: The OCC, the Board, and the FDIC (collectively, the agencies) are issuing a final rule to […]
The agency’s disaster relief apparatus has been put in motion for insured banks and thrifts affected by severe storms and flooding in Arkansas as well as the winter storm, snowstorm and flooding in South Dakota, […]
The 2019 list of distressed or underserved nonmetropolitan middle-income geographies where banks’ revitalization or stabilization activities can receive Community Reinvestment Act (CRA) consideration under the “community development” definition was released Monday by federal banking regulators. […]
There’s a website out there – FDIConnect.com – that bills itself as a consumer-focused provider of FDIC pass-through insurance for bank deposits, but the agency issued a warning Thursday that this website is not affiliated […]
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