Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Despite uncertainty over a government shutdown, a confirmation hearing remains scheduled Tuesday for Jelena McWilliams and Marvin Goodfriend, nominees for (respectively) the chairman of the Federal Deposit Insurance Corp. (FDIC) Board and member of the […]
Guidance for the new tax law concerning accounting and reporting implications was distributed Thursday by federal banking agencies to give banks and savings associations insights about how the new law will affect their financial statements […]
At least 17 “regulatory relief” items – including several provisions based on similar items contained in the already-House approved H.R. 10, the Financial CHOICE Act – will be marked up by the Financial Services Committee […]
Hearings to consider the nominations of the leader of the federal deposit insurance agency and a member of the board of the nation’s central bank are tentatively set for Jan. 23. The Senate Banking Committee […]
Seven banks, out of 67 evaluated, earned “outstanding” ratings this month for compliance with the Community Reinvestment Act, the Federal Deposit Insurance Corp. (FDIC) said Friday. No banks earned a rating of less than “satisfactory.” […]
Call report changes, including revisions to schedules in response to adjustments in accounting for equity securities, have been finalized by the federal banking agencies, a government regulatory umbrella group said Wednesday. In a release, the […]
Guidance on the impact of new tax laws passed by Congress in December will be issued by the federal banking agencies later this month – but the impact of the new laws, where necessary, should […]
Twenty-nine enforcement actions – including 10 removals and prohibitions and five civil money penalties – were issued by the federal insurer of bank and savings institution deposits in November, the agency said Friday. The Federal […]
Noting that collaboration with Minority Depository Institutions (MDIs) provides “viable options for sound and profitable lending and investments” in underserved communities, the Federal Deposit Insurance Corp. (FDIC) Friday released a guide for banks and others […]
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