Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
At least 17 “regulatory relief” items – including several provisions based on similar items contained in the already-House approved H.R. 10, the Financial CHOICE Act – will be marked up by the Financial Services Committee […]
Hearings to consider the nominations of the leader of the federal deposit insurance agency and a member of the board of the nation’s central bank are tentatively set for Jan. 23. The Senate Banking Committee […]
Seven banks, out of 67 evaluated, earned “outstanding” ratings this month for compliance with the Community Reinvestment Act, the Federal Deposit Insurance Corp. (FDIC) said Friday. No banks earned a rating of less than “satisfactory.” […]
Call report changes, including revisions to schedules in response to adjustments in accounting for equity securities, have been finalized by the federal banking agencies, a government regulatory umbrella group said Wednesday. In a release, the […]
Guidance on the impact of new tax laws passed by Congress in December will be issued by the federal banking agencies later this month – but the impact of the new laws, where necessary, should […]
Twenty-nine enforcement actions – including 10 removals and prohibitions and five civil money penalties – were issued by the federal insurer of bank and savings institution deposits in November, the agency said Friday. The Federal […]
Noting that collaboration with Minority Depository Institutions (MDIs) provides “viable options for sound and profitable lending and investments” in underserved communities, the Federal Deposit Insurance Corp. (FDIC) Friday released a guide for banks and others […]
For the first time in 40 years, federal banking agencies have increased the aggregate loan commitment threshold for inclusion in “shared national credits” (SNC), raising the total from $20 million to $100 million, the agencies […]
A “small bank” is one with assets of less than $1.252 billion, and an “intermediate small bank” is one with at least $313 million in assets but less than $1.252 billion, for purposes of community […]
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