Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Fifty-one of the 54 banks that received Community Reinvestment Act (CRA) ratings from the federal bank deposit insurer in May were deemed “satisfactory” under the federal anti-redlining statute, according to data released this week. The […]
Two federal financial regulators on Friday added their names to a joint proposed rule that would set data standards for certain information collections submitted to financial regulatory agencies. The proposal, issued just one day prior […]
An effective sexual harassment prevention program that facilitates the reporting of sexual harassment misconduct allegations has not been implemented by the federal bank deposit insurance agency, according to a report made public Thursday by the […]
Three rule proposals, all on split votes along partisan lines, were issued by the board of the federal bank deposit insurance agency Tuesday in a meeting that also featured adoption of a request for information […]
The unusually lengthy list of items on next week’s board meeting agenda for the federal bank deposit insurer include a proposed rule on brokered deposit restrictions and final guidance for Title I resolution plan triennial […]
Three small community banks terminated their deposit insurance coverage in June, the federal insurer of bank deposits said Friday in a summary of enforcement decisions and orders. The banks – two in Georgia and one […]
This article has been updated to include a link to the Federal Register notice seeking information, and comment deadline. Banks were reminded of potential risks they face from third-party arrangements to deliver deposit products and […]
This article has been updated to include a link to a Federal Register notice on the EGRPRA review of rules. A virtual public outreach meeting to review federal banking regulation, with the aim of reducing […]
Diversity self-assessments by banks are due any time before Oct. 31, the federal bank deposit insurance agency said in a letter on Thursday. The Federal Deposit Insurance Corp. (FDIC) said financial institutions it supervises are […]
Updating the requirements for anti-money laundering/countering the financing of terrorism rule (AML/CFT) compliance at banks and credit unions to match those proposed by law enforcement were proposed by their respective regulators Friday in a joint […]
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