Community bank group to hear reports on supervision modernization, de novo banks, and more

Supervision modernization, minority and community development financial institutions, de novoinstitutions and financial education are all on the agenda for the community banking advisory committee for the federal insurer of bank deposits when it meets July 30.

In a release, the Federal Deposit Insurance Corp. (FDIC) said its Advisory Committee on Community Banking will also discuss collaboration between the agency and the U.S. Small Business Administration (SBA), as well as hear reports from the FDIC ombudsman.

The meeting gets underway at 9 a.m. at the FDIC’s headquarters (550 17thSt. NW, Washington, DC) and will be live-streamed via the Internet.

According to the FDIC, the committee is designed to provide input to the agency on issues that affect community banks, including examination policies and procedures, credit and lending practices, deposit insurance assessments, insurance coverage, and regulatory compliance.

FDIC Announces Meeting of Advisory Committee on Community Banking

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