Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Changes in bank hiring rules adopted by the federal bank deposit insurer last week, removing certain criminal offenses from the list of those triggering a requirement for prior written consent of the agency, are set […]
Guidance to help certain large banks further develop their resolution plans – “largely similar” to that proposed last year – was made final late Monday when the Federal Reserve joined the federal bank deposit insurance […]
A request for information (RFI) on deposits – specifically, to get feedback on whether uninsured deposits should be reported to bank regulators – is out for comment until Oct. 7, according to a notice in […]
Fifty-one of the 54 banks that received Community Reinvestment Act (CRA) ratings from the federal bank deposit insurer in May were deemed “satisfactory” under the federal anti-redlining statute, according to data released this week. The […]
Two federal financial regulators on Friday added their names to a joint proposed rule that would set data standards for certain information collections submitted to financial regulatory agencies. The proposal, issued just one day prior […]
An effective sexual harassment prevention program that facilitates the reporting of sexual harassment misconduct allegations has not been implemented by the federal bank deposit insurance agency, according to a report made public Thursday by the […]
Three rule proposals, all on split votes along partisan lines, were issued by the board of the federal bank deposit insurance agency Tuesday in a meeting that also featured adoption of a request for information […]
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 […]
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 […]
This article has been updated to include a link to the Federal Register notice seeking information, and comment deadline. Banks were reminded of potential risks they face from third-party arrangements to deliver deposit products and […]
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