Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
A list of 88 banks examined for Community Reinvestment Act (CRA) compliance and released by the federal bank deposit insurer Wednesday shows 78 banks receiving the rating of “satisfactory” in March, while three were deemed […]
Federal banking regulators are focusing on three areas for proposing reform of rules implementing anti-redlining laws – but one of those regulators walked back a timeline Tuesday as to when those reform proposals will surface […]
Title: Liquidity Coverage Ratio Rule: Treatment of Certain Municipal Obligations as High-Quality Liquid Assets Subject: HQLA, LCR Agency: FDIC, Federal Reserve, OCC Status: Final rule Summary: The OCC, the Board, and the FDIC (collectively, the […]
Feedback on additional steps that could be taken to provide technical assistance to banks and savings institutions is being sought by the federal insurer of bank deposits, in an effort – the agency said Monday […]
The bank failure announced Friday by the federal insurer of bank deposits – the first of the year – was for a relatively small institution: It held less than $37 million in assets. But the […]
Ten recommendations intended to strengthen the effectiveness of anti-hacking measures and other cyber threats on the computer networks of the federal insurer of bank deposits – particularly firewalls — have been made by the agency’s […]
Alma Bank of Astoria, N.Y., was assessed a $1.25 million civil money penalty (CMP) in April over violations of the Bank Secrecy Act and related rules throughout a four-year period, according to one of the […]
Certain municipal obligations will be treated as high-quality liquid assets (HQLA) under the liquidity coverage ratio by a rule to become final within around the beginning of July, the federal banking agencies said Thursday. The […]
As it gets ready to propose a revamp of its rules implementing anti-redlining laws, the federal insurer of bank deposits is also readying exams under current rules for more than 500 banks in the second […]
A “draft document for internal discussion” about revamping rules implementing the anti-redlining Community Reinvestment Act (CRA) could be ready within the next week, with a notice of proposed rulemaking possible later this summer, the board […]
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