Forty-five more days are now available for commenting on the proposed deposit insurance recordkeeping rule for banks’ third-party (custodial) accounts, the federal insurer of bank deposits said Monday. With the addition of 45 days, the […]
Federally insured banks have a four-month reprieve from modernized federal deposit insurance official signage requirements under action taken Thursday by the Federal Deposit Insurance Corp. (FDIC). The FDIC Board voted during its open meeting to […]
A proposed rule to strengthen recordkeeping regarding deposits placed in insured depository institutions by third-party firms is out for comment until Dec. 2, according to a Federal Register notice Wednesday. The Federal Deposit Insurance Corp. […]
A proposed rule to strengthen insured depository institutions’ recordkeeping regarding third-party deposits by fintechs to protect the owners of those funds was issued for comment by unanimous vote Tuesday of the Federal Deposit Insurance Corp. […]
The federal bank deposit insurer’s governing board is set to meet Tuesday in open session on a final policy statement on bank merger transactions and a proposed rule related to custodial accounts and deposit insurance. […]
Requirements of last year’s regulatory revisions on banks’ use of the federal bank deposit insurance agency’s official sign and more are addressed in a set of questions and answers announced recently by the agency. Late […]
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 […]
Four seminars – the first slated as a webinar May 30 – are planned by the Federal Deposit Insurance Corp. (FDIC) on the agency’s final rule governing banks’ use of the agency’s official sign and […]
Alleged false and misleading statements about federal bank deposit insurance coverage have earned three companies and others cease-and-desist demands from the insurance agency, it said Tuesday. PrizePool, Inc. (PrizePool), AmeriStar, LLC (AmeriStar), and HighLine Gold, […]
Alleged “false and misleading” statements about federal bank deposit insurance coverage have earned five entities demand letters from the federal insurance agency that they stop and take “immediate action” to address the alleged “misstatements,” the […]
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