Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
A status update on the methodology for the current-expected-credit-loss (CECL) accounting standard is slated for the Sept. 27 Federal Deposit Insurance Corp. (FDIC) Atlanta Region Regulatory Conference Call. The 90-minute call (10-11:30 a.m. ET), open […]
A letter reinforcing a joint agency statement issued last week on “supervisory guidance” – as well as providing further insight as to what “supervisory guidance” actually constitutes – was sent by the federal insurer of […]
Continuing efforts by federal regulators to respond to the weather emergency posted by Hurricane Florence, the Federal Deposit Insurance Corp. (FDIC) Friday issued a letter to insured institutions encouraging them to “consider all reasonable and […]
The impact of Hurricane Florence Friday prompted federal and state bank and credit union regulators to issue a joint statement urging financial institutions they supervise in the affected areas to “meet the financial services needs […]
The annual survey of branch office deposits at banks, savings associations and other institutions insured by the Federal Deposit Insurance Corp. (FDIC) was released Friday by the deposit insurer, containing data as of June 30. […]
A dozen bills were approved and reported out by the House Financial Services Committee Thursday, among them one that would modify Federal Reserve monetary policy operations and another that would require the Bureau of Consumer […]
A proposed rule implementing recent regulatory reform law changes in the regulatory treatment of some brokered deposits at banks was issued Thursday by the Federal Deposit Insurance Corp. (FDIC) for a 30-day public comment period. […]
Federal banking and credit union regulators have developed hurricane information and resource pages on their websites for both the institutions they supervise, and the customers and members of those institutions – just as the first […]
An Iowa banker pleaded guilty last month to obstructing the examination of his bank by backdating a refinancing loan to block an investigation by the Federal Deposit Insurance Corp. (FDIC), according to the U.S. Department […]
The Senate Banking Committee Wednesday rescheduled to Oct. 2 its hearing on the implementation by federal financial institution regulators of the new regulatory relief law enacted this spring. The hearing had been set for Thursday, […]
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