Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Schedules for examinations of banks for compliance with anti-redlining laws were set Thursday for the second and third quarters of the year by two of the federal banking agencies. The Federal Deposit Insurance Corp. (FDIC) […]
The federal bank deposit insurer said it agrees with a congressional watchdog report recommending that it develop and implement a plan to evaluate its required sexual harassment prevention training to identify needed improvements, according to […]
Improving the workplace environment and addressing increasing worker attrition – especially among the examiner workforce – are among the top challenges facing the federal insurer of bank deposits, according to a report issued late Friday. […]
Regulatory relief for financial institutions in areas of Washington affected by August’s wildfires was announced Monday in a Financial Institution Letter (FIL) from the Federal Deposit Insurance Corp. (FDIC). The letter follows the Feb. 15 […]
Seven orders to pay civil money penalties (CMPs) – all assessed against workers at the same bank – totaling $275,500 were among those issued as enforcement actions in January, the federal insurer of bank deposits […]
Banks affected by severe storm and flooding in areas of California last month were encouraged by their federal deposit insurer Friday to work with borrowers as they strive to recover. “Banks that extend repayment terms, […]
Declining credit quality trends due to the pressure of higher interest rates on leveraged borrowers and compressed operating margins in some industry sectors are becoming clearer, a report from federal bank agencies indicated Friday. According […]
A potential end period for the third-party review of sexual harassment claims within the Federal Deposit Insurance Corp. (FDIC), plus steps taken to ease the ability of individuals to report such activity, was announced in […]
A review of regulations covering the categories of applications and reporting, powers and activities, and international operations was announced Tuesday by the three federal banking agencies, with comments to be collected for 90 days. The […]
Severe storms and flooding in Maine, and the same in West Virginia – plus landslides and mudslides – have spawned dual “regulatory relief” pronouncements for banks in the states Monday by the federal insurer of […]
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