FDIC – Page 35 – Regulatory Report

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[ July 3, 2025 ] Violations in 2024 of TIL and flood insurance once again were tops for banks; HMDA abuses move up the charts FDIC
[ July 3, 2025 ] 7 banks ‘outstanding,’ 64 ‘satisfactory’ for CRA, FDIC reports in latest disclosure FDIC
[ July 1, 2025 ] NCUA shutters small IL credit union after 12-day conservatorship; third to close in two weeks NCUA
[ July 1, 2025 ] Seven banks – including Bank of China branches – earn top ratings for CRA compliance OCC
[ June 30, 2025 ] Fed: 2025 stress test shows banks ‘well positioned’ to withstand severe recession The Fed

Increasing use of automated value models (AVMs) for real estate key in agencies’ proposed rule on their use

June 2, 2023 0

The increasing frequency of use of automated valuation models (AVMs) by mortgage lenders in determining the value of property was a key factor for issuing a proposal late Thursday by federal financial institution regulators on […]

Agency deploys reg relief tools to assist banks with recovery in typhoon-hit Guam

June 2, 2023 0

Banks in Guam are being encouraged to work with borrowers experiencing difficulties beyond their control because of damage caused by Typhoo Mawar, the federal bank deposit insurance agency said Friday. In a Financial Institution Letter […]

FDIC gives 6 banks ‘needs to improve’ CRA ratings; 5 were ‘outstanding’

June 2, 2023 0

Six of the 65 banks that received their Community Reinvestment Act (CRA) evaluation ratings in March were rated “needs to improve,” while another were deemed to be “outstanding,” the Federal Deposit Insurance Corp. (FDIC) reported […]

No. 2 at FDIC bemoans shift in emphasis of innovation office from external to internal

June 1, 2023 0

The refocusing of a tech department at the federal bank deposit insurance agency from an external view to an internal one was bemoaned Thursday by the vice chairman of the agency’s board, who called the […]

Bureau warns digital payment apps not covered by deposit insurance; urges consumers to transfer to insured banks, credit unions

June 1, 2023 0

Billions stored on digital payment apps such as Venmo and PayPal (among others) used by consumers may lack federal savings insurance, the federal consumer financial protection agency warned Thursday; it urged those consumers to transfer […]

FDIC

Banks saw flat or negative growth in loans, deposits during first quarter, agency reports

May 31, 2023 0

Loan and deposit balances for banks were down in the first quarter, but net income – led by higher noninterest income – was up from the previous quarter, according to numbers released Wednesday by the […]

Directors from failed NOLA bank prohibited from further service or fined – or both

May 26, 2023 0

Nine directors of a failed New Orleans bank were either prohibited from ever serving again at a federally insured financial institution, assessed a civil money penalty (CMP) – or both, in one case – in […]

Eight new members join FDIC’s advisory committee on community banking

May 26, 2023 0

Eight new members of a committee on community banking will take their seats for a June 1 meeting next week, the federal bank deposit insurance agency said Friday. The eight new members of the Advisory […]

Three bankers join MDI subcommittee just in time for May 31 meeting

May 25, 2023 0

Three bankers from Wisconsin, the District of Columbia and Georgia are joining a subcommittee on minority depository institutions for the federal bank deposit insurance agency, it was announced Thursday. The Federal Deposit Insurance Corp. (FDIC) […]

Comments due July 21 on FDIC special-assessment proposal

May 22, 2023 0

A proposed rule that would spread a special deposit insurance assessment among 113 banks having large amounts of uninsured deposits is out for comment until July 21, according to a notice in Monday’s Federal Register. […]

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Violations in 2024 of TIL and flood insurance once again were tops for banks; HMDA abuses move up the charts

July 3, 2025 0

The two most common violations of consumer compliance supervision in 2024 were those related to truth-in-lending and mandatory flood insurance – pretty much the same results reported in 2023 — according to an annual report issued Thursday by the federal [...]
7 banks ‘outstanding,’ 64 ‘satisfactory’ for CRA, FDIC reports in latest disclosure

July 3, 2025 0

Seventy-one banks whose performance ratings under the anti-redlining Community Reinvestment Act (CRA) were announced Thursday were all rated either “outstanding” or “satisfactory,” according to the Federal Deposit Insurance Corp. (FDIC). The information, which the FDIC said became publicly available in [...]
NCUA shutters small IL credit union after 12-day conservatorship; third to close in two weeks

July 1, 2025 0

A tiny credit union that was placed into conservatorship June 18 was closed by its federal regulator July 1, the agency said in a release that alleged violations of federal law and rules. It is the third credit union the [...]
Seven banks – including Bank of China branches – earn top ratings for CRA compliance

July 1, 2025 0

Seven banks – including two branches of the Bank of China – received the highest ratings for compliance with rules implementing anti-redlining laws, according to scores released Tuesday by the national bank regulator. The ratings for compliance with Community Reinvestment [...]