Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Title: Guidelines for Appeals of Material Supervisory Determinations Subject: Supervisory appeals Agency: FDIC Status: Notice and request for comment Summary: On May 17, 2022, the Federal Deposit Insurance Corporation (FDIC) adopted revised Guidelines for Appeals […]
A Financial Institution Letter (FIL) establishing the process for an insured banking institution or applicant for deposit insurance to request recognition by the federal bank deposit insurer as a minority depository institution (MDI) was announced […]
A Hawaiian banker is joining the minority depository institution advisory panel for the federal insurer of bank deposits, the agency said Wednesday. Russell Lau, chairman and chief executive officer of Finance Factors Ltd. in Honolulu, […]
A compliance guide related to a rule designed to simplify federal bank deposit insurance rules for trust and mortgage service accounts at small entities was released Wednesday by the federal agency that provides the insurance. […]
A new manager of the $123 billion fund that insures bank deposits and a new leader for the corporate financial operations of the agency that houses the fund were announced Wednesday. Patrick Mitchell will serve […]
The final level of review in the federal insurer of bank deposits supervisory appeals process is restored – as it was before last year – to an independent intra-agency appeals process to review material supervisory […]
A final rule prohibiting any person or organization from making misrepresentations about federal bank deposit insurance or misusing the insurer’s name or logo was approved Tuesday by the Federal Deposit Insurance Corp. (FDIC). The final […]
Federal flood insurance law and federal regulators’ implementing rules are the topic of revised questions and answers (Q&As) released late Wednesday by federal financial institution regulators and the Farm Credit Administration (FCA). According to the […]
A final rule on false advertising, misrepresentation of insured status, and misuse of the logo of the federal insurer of bank deposits is up for consideration at a meeting of the agency’s board May 17 […]
Banking institutions operating in areas of New Mexico affected by wildfires ad straight-line winds can avail themselves of some specific regulatory relief measures announced Monday by the Federal Deposit Insurance Corp. (FDIC) in a Financial Institution […]
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