Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
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 […]
Aggregate net income for the nation’s 5,303 federally insured banks and savings institutions totaled $62.6 billion in the second quarter of 2019, up $2.5 billion – or 4.1% – from the same time one year […]
Four banks earned ratings of “outstanding” – and one a rating of “needs improvement” – in June for their compliance with anti-redlining laws, the federal insurer of bank deposits said Thursday. In its report of […]
Banks’ mid-year financial results will be released Thursday, according to the federal insurer of deposits in the institutions. The Federal Deposit Insurance Corp. (FDIC) said it expects to release second-quarter 2019 results (that is, those […]
Title: Interest Rate Restrictions on Institutions That Are Less Than Well Capitalized Subject: Interest rate caps Agency: FDIC Status: Proposed rule Summary: The FDIC is seeking comment on proposed revisions to its regulations relating to […]
A proposed rule that would revise and simplify the methodology for calculating rate caps for less-than-well-capitalized institutions is slated for publication Wednesday in the Federal Register, with comments due on or about Nov. 3. Announced by […]
Federal financial institution regulators were busy organizations last week, as they worked to clear their outboxes for the end of the summer in preparation for the oncoming fall season of meetings, congressional testimony, regulatory actions […]
Registration is open for the 9th Annual Consumer Research Symposium, Oct. 18 in Arlington, Va., sponsored by the Federal Deposit Insurance Corp. (FDIC), the agency announced Thursday. The event (which gets underway at 8 a.m. […]
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