Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
A long-awaited, proposed statement of policy on bank merger transactions is the top item on the agenda for next week’s open meeting of the Federal Deposit Insurance Corp. (FDIC) Board. The proposed policy statement is […]
Weak banks can – and often do – survive a financial challenge, but only if someone along the line of supervision use restraint to avoid an “unnecessary bank failure,” the vice chairman of the federal […]
“Outstanding” ratings for their compliance with anti-redlining laws in December were earned by seven banks, the federal insurer of bank deposits said Monday – but the agency also said three banks earned ratings of “needs […]
Community reinvestment will be the topic when leaders of two of the federal bank regulatory agencies – and the top supervisor of the third – participate in a panel March 4-7, sponsored by the agencies. […]
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, […]
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