Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Top bank supervisors from 14 states were named members of a new advisory group to the federal insurer of bank deposits Wednesday as part of the agency’s efforts to discuss issues with “potential implications” for […]
The first bank failure in 2020 will cost the federal deposit insurance fund an estimated $14.1 million, the agency overseeing the fund said late last week. In a release Friday, the Federal Deposit Insurance Corp. […]
Nine top management and performance challenges were identified by the inspector general of the federal bank deposit insurer in an annual report released Friday – with the lack of a full complement of agency board […]
A call for papers was issued Tuesday for the 20th Annual Bank Research Conference being slated this September by the Federal Deposit Insurance Corp. (FDIC) Center for Financial Research and the Journal of Financial Services Research (JFSR). […]
Title: Unsafe and Unsound Banking Practices: Brokered Deposits and Interest Rate Restrictions Subject: Brokered deposits Agency: FDIC Status: Final rule Summary: The FDIC is finalizing revisions to its regulations relating to the brokered deposits and […]
“Complex” or “unique” deposit insurance proposals are addressed in a supplement to the federal bank deposit insurer’s application procedures manual released Monday. The supplement to the Federal Deposit Insurance Corp.’s (FDIC) Deposit Insurance Application Procedures […]
A framework proposed in December for determining whether bank deposits made through placement arrangements qualify as brokered deposits is slated for publication in the Federal Register Monday, with a 60-day public comment period ending on […]
Receiverships of four banks that were closed in 2009 and 2015 were terminated Feb. 1 by the Federal Deposit Insurance Corp. (FDIC), the agency said in a notice slated for publication Monday in the Federal […]
The cost-benefit analysis process of the federal insurer of bank deposits is “not consistent with widely recognized best practices,” and five recommendations are on the table to improve the procedures, according to a report issued […]
Two banks received “needs improvement” ratings in their most recent anti-redlining rules compliance exams, the federal insurer of bank deposits said Tuesday. Three banks earned “outstanding” compliance ratings. In its February 2020 release of the […]
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