Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Banks with $50 billion or more in total assets will face in 2026 new resolution planning requirements designed to codify rules eased in 2025, the federal bank deposit insurance agency said Wednesday. In a financial […]
Templates of contractual agreements for transactions of failing banks have been posted by the federal bank deposit insurance agency “to facilitate review in advance of any acquisition opportunities,” the agency said Tuesday. In a financial […]
For anti-redlining regulation purposes in 2026, a small bank will be defined as having assets under $1.629 billion, and an intermediate small bank will be defined as having assets of at least $412 million and […]
An alleged theft of more than $50,000 from the drive-through teller drawer in Short Pump, Va., has earned a former teller of the bank a prohibition of future service in financial institutions, the federal insurer […]
Two federal banking agencies will no longer issue an annual letter to banks outlining their expectations for compliance with insider lending restrictions and related reporting requirements, an effort toward “greater certainty,” they said in a […]
A newly chartered bank for Columbus, Ohio — which will focus on financial products for businesses and individuals in the technology, payment systems, investment, and defense industries, including virtual currency market participants — was approved […]
Banks wishing to issue payment stablecoins would need to follow an application procedure outlined in a proposed rule issued Tuesday by the board of the federal bank deposit insurance agency. The proposal, if finalized, would […]
A 16.4% decrease in the budget for 2026 of the federal bank deposit insurance agency is attributable to staffing cuts made at the beginning of the year in line with White House demands, the agency […]
Approval requirements for issuing payment stablecoins by banks and their subsidiaries will be a proposal considered Dec. 16 by the board of the federal bank deposit insurance agency, it said Friday. The agenda for the […]
A letter alerting banks to call report revisions that are entering their final phase of review by the Office of Management and Budget (OMB) was issued Friday by the Federal Deposit Insurance Corp. (FDIC). The […]
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