Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Forty percent of the seats to be filled for federal financial institution regulatory leadership were addressed last week when the White House announced the president’s intention to nominate two to the Federal Reserve Board – […]
The rescission and removal of three transferred regulations of the former Office of Thrift Supervision (OTS) will be final 30 days after publication of final rules in the Federal Register, which is slated Tuesday. The […]
Federally supervised banking organizations were warned Thursday of heightened cybersecurity risk amid current global tensions in a joint statement by two federal banking regulators. “The Department of Homeland Security has indicated there is heightened risk […]
The leader of a five-year information technology modernization plan has been named the new chief information officer (CIO) for the federal insurer of bank deposits, the agency said Thursday. Sylvia Burns, who joined the Federal […]
Updates to modules on banking and credit in the Money Smart for Small Business curriculum were released Thursday by the Federal Deposit Insurance Corp. (FDIC) and Small Business Administration (SBA), the bank deposit insurer announced. […]
Federally supervised banking organizations are due to have their fourth-quarter call reports in to their federal regulatory agencies no later than Jan. 30 – except those with more than one foreign office (not counting “shell” […]
Two federal financial regulators were ranked in the upper echelons of “best places to work” in the latest rankings released Thursday – while a third continued to languish in the lowest level. The Federal Deposit […]
The comment period on proposed anti-redlining reform by the federal regulator of national banks and the federal insurer of banks deposits started Thursday and runs to March 9, according to a notice published in the […]
Title: Community Reinvestment Act Regulations Subject: CRA Agency: FDIC, OCC Status: Proposed rule Summary: Since becoming law in 1977, the Community Reinvestment Act (CRA) has encouraged insured depository institutions (banks) to invest trillions of dollars […]
A “needs to improve” rating was given to one bank out of 40 whose anti-redlining exam results were released by the federal insurer of banks Friday; the remaining 39 banks received “satisfactory” ratings. The Federal […]
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