Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
The federal bank deposit insurer will take comments from the public until May 31 on its request for information (RFI) regarding the agency’s regulatory framework on bank merger transactions, according to a notice Thursday in […]
Title: Request for Information and Comment on Rules, Regulations, Guidance, and Statements of Policy Regarding Bank Merger Transactions Subject: Bank mergers Agency: FDIC Status: Request for information and comment Summary: The FDIC is soliciting comments […]
The Consumer Compliance Examination Manual (CEM) published by the federal bank deposit insurer has been updated in the areas addressing qualified mortgage (QM) rules, lending equal credit opportunity rules, Community Reinvestment Act (CRA) requirements, and […]
Management of exposures to climate-related financial risks at large banks are the focus of draft principles to provide a high-level regulatory framework under a proposal issued Wednesday by the federal bank deposit insurance agency. Comments […]
May 1 is the compliance date for a final rule establishing computer-security incident notification requirements for banks and bank service providers, the federal bank deposit insurance agency reminded in a letter Tuesday. In a financial […]
Issuing his own statement on the release of an action plan to promote property appraisal equity, the acting board chairman of the federal bank deposit insurer called the plan “an important step towards addressing barriers […]
A request for information (RFI) on the Bank Merger Act – which covers policy on bank merger transactions, including those between an insured depository institution and a noninsured institution – was issued Friday by the […]
Updates intended to modernize policies and procedures for administrative proceedings at bank and credit union regulators were proposed Tuesday by the agencies. Specifically, the agencies said the proposal was intended to align the rules with […]
A March 2020 Financial Institution Letter (FIL) that gave insured banks an additional 45 days, in response to the coronavirus, to file their statutorily required annual reports with the federal bank deposit insurer has been […]
Aiding and abetting false statements on applications for some $690,000 in loans were the charges levied March 4 against a former chief lending officer of a Berwick, Pa.-based financial institution, the federal bank deposit insurer’s […]
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