Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
The benefits of opening a bank account are outlined in a pilot of a new campaign unveiled Tuesday by the Federal Deposit Insurance Corp. (FDIC) in an effort, according to the agency, to expand financial […]
Banks’ consolidated reports of condition and income for the first quarter ending March 31, 2021, are, in most cases, due to the Federal Deposit Insurance Corp. (FDIC) by April 30, with temporary asset thresholds allowed […]
Three “outstanding” and 48 “satisfactory” Community Reinvestment Act (CRA) evaluation ratings were assigned to banks in January by the federal bank deposit insurer, according to the agency’s list released Friday. The three banks rated “outstanding” […]
Revisions on brokered deposits regulations and the methodology for calculating interest rate restrictions went into effect Thursday, and webpages with more information, and for computing the rates, were introduced the same day by the agency […]
With a flicker of hope that it could be a “physical” event (that is, one in which people gather together in one place), the 20th Annual Bank Research Conference, scheduled for Dec. 2-3, announced Wednesday it […]
Violations of truth in lending rules were at the top of the top five violations of consumer protection laws in 2020 among banks, the federal insurer of bank deposits said Wednesday in releasing its annual […]
Reporting home mortgage-related data collected this year and to be reported in the next is outlined in an updated guide released Tuesday by the umbrella group for federal financial institution regulators. According to the Federal […]
Title: Request for Information and Comment on Financial Institutions’ Use of Artificial Intelligence, including Machine Learning Subject: FIs’ use of artificial intelligence Agency: CFPB, FDIC, Federal Reserve, NCUA, OCC Status: Request for information and comment […]
Information on how financial institutions use artificial intelligence (AI) in their activities, including fraud prevention, personalization of customer services, credit underwriting, and more is sought under a request for information announced Monday by federal bank, […]
The failure last October of the $69 million-in-assets Almena State Bank, Almena, Kan., estimated to have cost the federal bank deposit insurance fund $18 million, was chalked up to a risky growth strategy coupled with […]
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