Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Twenty-four supervisory actions were taken by the Federal Deposit Insurance Corp. (FDIC) in September – including eight consent orders against persons affiliated with one Pennsylvania bank – the agency reported last week. The consent orders […]
A final rule on qualified financial contracts (QFCs) by the Federal Deposit Insurance Corp. (FDIC) covering state banks and savings associations for which the agency is the primary federal regulator is set to be published […]
Simplifying compliance with certain aspects of the capital rule – particularly for non-advanced approaches banking organizations – is the focus of a notice of proposed rulemaking to be issued by the federal banking organizations Friday […]
Trends in community bank liquidity and funds management (and related supervisory guidance) are on the agenda for a Nov. 6 teleconference hosted by the three federal banking agencies. The teleconference, aimed at community bankers, is […]
A webinar about financial education resources to help persons with disabilities, and a workshop in New Mexico for bank directors and officers, were announced by two federal banking agencies Monday. Webinar, Nov. 15: The Federal […]
Any group interested in starting a de novo community bank will find a ready partner in the agency that insures bank deposits and serves as the lead federal supervisor for most community banks, the agency’s […]
The liquidity coverage ratio (LCR) rule is the topic of new frequently asked questions issued Monday by the federal banking agencies. The FAQs released by the Office of the Comptroller of the Currency (OCC), Federal […]
A policy statement issued four years ago as guidance by federal banking agencies about “leveraged lending” is a “rule” subject to the requirements of the Congressional Review Act (CRA), the Government Accountability Office (GAO) wrote […]
Financial institutions serving areas affected by wildfires in California were given guidance Friday to help the areas recover, particularly by easing lending terms where possible. In Financial Institution Letter (FIL) 52-2017, the Federal Deposit Insurance […]
Three appointments to executive positions were announced by the Federal Deposit Insurance Corp. (FDIC) Thursday. Those named to positions are: Howard Whyte was named chief information officer. He has more than 20 years of information […]
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