Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Banks could receive notification whenever the Federal Deposit Insurance Corp. (FDIC) updates examination manuals in its website, the agency said Wednesday, as a service that is designed to help community banks stay current on changes […]
Seven new members have been named to the advisory committee that provides community banking advice and recommendations on policy and regulatory matters to the federal bank deposit insurance agency, the agency announced Wednesday. The Federal […]
Consumer compliance issues and topics related to regulatory relief legislation enacted last spring will be addressed in an Oct. 25 teleconference sponsored by the federal insurer of bank deposits. In a Financial Institution Letter issued […]
A final rule that conforms provisions of the Swap Margin Rule with banking agency rules limiting certain qualified financial contracts (QFCs) has been adopted as proposed and is set to take effect Nov. 9. The […]
Regulators were on stage this past week, discussing initiatives, implementation of the new regulatory relief law, their roles and what they wanted from Congress – among other things – in different venues, but all on […]
A list of state nonmember banks whose Community Reinvestment Act (CRA) ratings were released Friday covers 66 banks across six regions, with all rated as “satisfactory” except for three. The list, released by the Federal […]
The federal receiverships of three failed banks in Florida, North Carolina, and Illinois were terminated Oct. 1, and an additional receivership is scheduled to end about 30 days from now, according to notices Friday in […]
Chairman Jelena McWilliams will both open and close the Oct. 10 meeting of the Advisory Committee on Community Banking of the Federal Deposit Insurance Corp. (FDIC), the agency noted Thursday in releasing the agenda for […]
Information content in consumers’ digital footprint can augment credit bureau information and help lenders make better lending decisions – a situation that researchers say also could give financial technology (fintech) firms a leg up in […]
Promoting consistency across business areas and fostering a deeper culture of openness is the aim of the “Trust through Transparency” initiative unveiled by the chairman of the Federal Deposit Insurance Corp. (FDIC) Wednesday. Jelena McWilliams, […]
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