FDIC

FDIC letter details four key provisions of flood insurance rules taking effect July 1

February 13, 2019 0

Federal flood insurance requirements that open the door to private flood insurance beginning this summer are summarized for supervised banks and thrifts in a Financial Institution Letter issued Wednesday by the Federal Deposit Insurance Corp. […]

Final rule for three-year CECL phase-in of ‘day-one adverse effects’ finally set for publication

February 13, 2019 0

A final rule providing the option for financial institutions and firms to phase in over a three-year period the day-one regulatory capital effects of the “current expected credit losses” (CECL) accounting methodology is finally scheduled […]

Regulatory Capital Rule: Implementation and Transition of the Current Expected Credit Losses Methodology for Allowances and Related Adjustments to the Regulatory Capital Rule and Conforming Amendments to Other Regulations

February 13, 2019 0

Title: Regulatory Capital Rule: Implementation and Transition of the Current Expected Credit Losses Methodology for Allowances and Related Adjustments to the Regulatory Capital Rule and Conforming Amendments to Other Regulations Subject: CECL Agency: FDIC, Federal […]

Notice of Inflation Adjustments for Civil Money Penalties

February 12, 2019 0

Title: Notice of Inflation Adjustments for Civil Money Penalties Subject: Civil money penalties Agency: FDIC Status: Final rule Summary: The Federal Deposit Insurance Corporation (FDIC) is providing notice of its maximum civil money penalties as […]

Deposit insurer extends comment deadline for RFI about insurance application process

February 12, 2019 0

An extension in the public comment period – to March 31 – will be added to a request for information (RFI) related to applications for deposit insurance by the federal insurer of bank deposits, according […]

Proposed Volcker Rule exception for community banks to publish Friday

February 7, 2019 0

A proposed rule to exclude banks under $10 billion in assets from the Volcker Rule prohibition against proprietary trading and ownership, or sponsorship, of hedge or private equity funds is slated for publication in the […]

Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking Organizations

February 7, 2019 0

Title: Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking Organizations Subject: CBLR Agency: FDIC, Federal Reserve, OCC Status: Final rule Summary: The Office of the Comptroller of the Currency, the Board of Governors of […]

CBLR proposal set to publish with comments due early April

February 7, 2019 0

A proposal to create a simpler capital framework for certain depository institutions and depository institution holding companies under $10 billion in assets is slated for publication in the Federal Register Friday, when a 60-day public comment […]

Revisions to Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships With, Hedge Funds and Private Equity Funds (Volcker rule)

February 7, 2019 0

Title: Revisions to Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships With, Hedge Funds and Private Equity Funds (Volcker Rule) Subject: Volcker Rule Agency: FDIC, Federal Reserve, OCC Status: Final rule […]

12 bank receiverships, half of them dating back to 2009, coming to an end

February 7, 2019 0

Receiverships for a dozen banks located in California, Georgia, Illinois, Missouri, Virginia, Wisconsin and Florida are slated for termination by the federal bank deposit insurer, according to an agency notice. The Federal Deposit Insurance Corp. […]

FDIC letter details four key provisions of flood insurance rules taking effect July 1

Final rule for three-year CECL phase-in of ‘day-one adverse effects’ finally set for publication

Regulatory Capital Rule: Implementation and Transition of the Current Expected Credit Losses Methodology for Allowances and Related Adjustments to the Regulatory Capital Rule and Conforming Amendments to Other Regulations

Notice of Inflation Adjustments for Civil Money Penalties

Deposit insurer extends comment deadline for RFI about insurance application process

Proposed Volcker Rule exception for community banks to publish Friday

Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking Organizations

CBLR proposal set to publish with comments due early April

Revisions to Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships With, Hedge Funds and Private Equity Funds (Volcker rule)

12 bank receiverships, half of them dating back to 2009, coming to an end

Regulatory reversals: FDIC rescinds bank merger policy statement, extends compliance deadline for ad requirements, drops proposals

Four banks earn ‘outstanding’ ratings for CRA rules compliance

NCUA to end credit unions’ reporting of overdraft/NSF fee income via call report

10 banks in latest ratings from OCC receive CRA scores of ‘outstanding’