FDIC – Page 60 – Regulatory Report

What's up

[ May 16, 2025 ] Veteran of FDIC, who advised board, members on financial stability, will retire from agency FDIC
[ May 15, 2025 ] CFPB rescinds interpretive rule on states’ enforcement of CFPA; withdraws 3 proposed rules focused on EFT, data broker practices, contracts of adhesion CFPB
[ May 15, 2025 ] Mississippi banker agrees to prohibition after ignoring order not to accept commission on real estate deal OCC
[ May 14, 2025 ] FDIC: Rescission of 2024 merger act policy, report on insurance fund restoration slated FDIC
[ May 14, 2025 ] OCC publishes spring ‘25 interest-rate risk report OCC

Third-quarter financial performance mixed for banks; slight or no improvement over previous quarter (but better than last year)

November 30, 2021 0

Banks had mixed financial results in the third quarter, easily outdistancing performance from a year ago (when the coronavirus crisis was raging) but slipping from last quarter, according to call report data released Tuesday. The […]

Arkansas bank faces penalty for accusation of misrepresenting refinancing loans to veterans

November 26, 2021 0

An Arkansas bank was ordered to pay a civil money penalty (CMP) of nearly $130,000 in October for its part in allegedly misrepresenting refinancing loans to veterans, according to enforcement actions for that month released […]

Crypto-asset ‘policy sprints’ among Fed, FDIC, OCC produce ‘roadmap’ for future work

November 23, 2021 0

A so-called roadmap for providing greater public clarity throughout 2022 on issues surrounding banking institutions’ involvement in crypto-assets was released as part of a joint statement Tuesday by federal banking agencies. “As supervised institutions seek […]

Review of FDIC data collection system finds two key elements ‘unreliable,’ spoiling 100% ‘error-free’ goal

November 23, 2021 0

Two of four key data elements were found “unreliable” in the federal bank deposit insurance agency’s system that is supposed to be error-free and that supports the agency’s supervision and insurance responsibilities, the agency’s inspector […]

Banking agencies finalize cyber incident notification rule, set April 1 effective date

November 18, 2021 0

A final rule on requiring banks’ notification to federal regulators of certain cyber incidents with potentially systemic impacts was approved jointly Thursday by federal banking agencies. The rule is set to take effect April 1, […]

Nothing to see here: Report states ‘no material differences’ among regulators’ accounting, capital standards

November 17, 2021 0

There are no differences in accounting standards, and some technical differences among capital standards, among the federal banking agencies, the three regulators said in a report scheduled to be published Thursday in the Federal Register. […]

Bank, credit union regulators cease COVID-related supervisory ‘flexibility’ for mortgage servicers

November 12, 2021 0

Federal and state financial institution regulators on Wednesday said they were ending the flexible approach to supervision and enforcement they initiated in April 2020 regarding certain mortgage servicing timing requirements. The agencies – the Federal […]

Year-end 2021 bank call reports will include line to indicate SA-CCR opt-in; DTA instructions unchanged for now

November 10, 2021 0

All three versions of the federal banking agencies’ call reports for supervised institutions will include an item allowing institutions to indicate if they have voluntarily adopted or voluntarily elected the standardized approach for counterparty credit […]

Two banks earn ‘outstanding’ CRA ratings, while a third slapped with ‘significant non-compliance’

November 3, 2021 0

Two banks received “outstanding” ratings for compliance with anti-redlining rules, while one received a rating of “significant non-compliance” in recent evaluations by the federal insurer of bank deposits. The Federal Deposit Insurance Corp. (FDIC) said […]

FDIC says new office will focus on MDIs, CDFIs, other ‘mission-driven’ banks

November 2, 2021 0

A new Office of Minority and Community Development Banking to support the agency’s ongoing engagement with minority depository institutions (MDIs), community development financial institutions (CDFIs), and other “mission-driven” banks was announced Tuesday by the chairman […]

« 1 … 58 59 60 61 62 … 191 »

Veteran of FDIC, who advised board, members on financial stability, will retire from agency

May 16, 2025 0

A 39-year career at the federal bank deposit insurance agency for a top financial stability supervisor will come to an end May 31, the agency said Friday. Arthur J. (“Art”) Murton, deputy to the chairman for financial stability and director [...]
CFPB rescinds interpretive rule on states’ enforcement of CFPA; withdraws 3 proposed rules focused on EFT, data broker practices, contracts of adhesion

May 15, 2025 0

An interpretive rule that declared essentially no limits on states’ ability to enforce provision of the Consumer Financial Protection Act (CFPA) was rescinded as of Thursday, the Consumer Financial Protection Bureau (CFPB) said in a Federal Register notice published the [...]
Mississippi banker agrees to prohibition after ignoring order not to accept commission on real estate deal

May 15, 2025 0

A former Mississippi banker has been prohibited from serving at any federally insured financial institution after ignoring a directive three years ago not to accept a $120,000 personal commission as a real estate broker, the national bank regulator said Thursday. [...]
FDIC: Rescission of 2024 merger act policy, report on insurance fund restoration slated

May 14, 2025 0

The federal bank deposit insurer’s board plans a vote next Tuesday to rescind its 2024 Bank Merger Act rule policy statement, replacing it with the previous statement, and to hear an update on its Deposit Insurance Fund (DIF) restoration plan, [...]
OCC publishes spring ‘25 interest-rate risk report

May 14, 2025 0

Interest rate risk data gathered during examinations of midsize and community banks are available Wednesday with the publication of the spring 2025 statistics report by the national bank regulator. The Office of the Comptroller of the Currency (OCC) said the [...]