S. 366: TAILOR Act

(Taking Account of Institutions with Low Operation Risk Act of 2017)

February 13, 2017 Legislation 0

Introduced: Feb. 13

Sponsor: Sen. Mike Rounds, R-S.D.

Latest action: referred to Banking, Housing, and Urban Affairs Committee

Summary:

Brokered deposits, guidance for resolution plan triennial full filers on FDIC Board agenda

July 26, 2024 0

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 full filers. The Federal Deposit [...]
Three small, community banks dropped federal deposit insurance in June

July 26, 2024 0

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 in Washington – each held [...]
Risks from third-party deposit arrangements focus of joint statement; information sought on fintech deals

July 25, 2024 0

Banks were reminded of potential risks they face from third-party arrangements to deliver deposit products and services in a joint statement Thursday by the federal banking agencies. The regulators also announced a call for information from banks on fintech arrangements, [...]
Banking agencies schedule virtual public outreach meeting to kick off decennial review of regulations

July 25, 2024 0

A virtual public outreach meeting to review federal banking regulation, with the aim of reducing “regulatory burden,” is set for Sept. 25, the regulators announced Thursday. The meeting is being sponsored by the federal banking regulators as part of their [...]
Banks may submit diversity self-assessments between now and Oct. 31, agency reminds

July 25, 2024 0

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 encouraged to voluntarily conduct and [...]

Related