Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Two banks earned the highest rating of “outstanding” for their compliance with anti-redlining laws – but four banks earned the sub-satisfactory scores of “needs improvement,” according to assessments for October released Friday by the federal […]
A long-anticipated notice of proposed rulemaking regarding prohibiting regulators’ use of “reputation risk” is one of two discussion items slated for the Oct. 7 open meeting of the Federal Deposit Insurance Corp. (FDIC) Board meeting. […]
Four federal financial institutions regulators issued a reminder Wednesday to lenders that they are still allowed to make loans subject to federal flood insurance laws when the National Flood Insurance Program (NFIP) is not available, […]
A new general counsel and four others in leadership appointments – one of whom is a veteran of the agency – were announced Friday by the federal bank deposit insurance agency. Three of the appointments […]
A former Atlanta, Ga., banker faces a civil money penalty of $35,000 and restitution of up to $317,900 for allegedly submitting false information in order to obtain an Small Business Administration (SBA) loan, the federal […]
Supervisory relief to help banks in areas of Wisconsin and South Dakota affected recent storms has been extended by the federal insurer of bank deposits, the agency said in separate releases Tuesday. In Wisconsin, the […]
More than $18 trillion in deposits were held by the 4,431 banks and savings institutions insured by the federal deposit insurance agency at midyear, with nearly 83% of that held by the 157 institutions with […]
Updated to provide public comment deadline. The costs to depository institutions of complying with Bank Secrecy Act (BSA) anti-money laundering and countering the financing of terrorism (AML/CFT) requirements are sought in an agency information collection […]
Those interested in airing their views on federal banking regulators’ work considering what regulations might be deemed “outdated” or otherwise “unnecessary” can do so during an Oct. 30 outreach meeting in Kansas City, Mo., the […]
Ratings assigned to 59 banks in June for their performance under the federal anti-redlining Community Reinvestment Act included two “outstanding” ratings and one “needs to improve,” according to information released Friday by the Federal Deposit […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info