Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Regulators will discuss their jointly proposed Community Reinvestment Act (CRA) rules update plus answer questions during a public webinar May 11, according to a message Friday from the federal insurer of bank deposits. The May […]
Title: Community Reinvestment Act Subject: CRA modernization Agency: FDIC, Federal Reserve, OCC Status: Proposed rule Summary: The Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the Office […]
A new proposed rule to update banks’ requirements under the anti-redlining Community Reinvestment Act (CRA) was issued jointly Thursday by the three federal banking regulatory agencies. Issuance of the proposed rule, out for a 90-day […]
Nine out of 69 federally supervised banks evaluated recently for their efforts under the anti-redlining Community Reinvestment Act (CRA) were rated “outstanding,” according to information released Tuesday by regulators, while one was deemed “needs to […]
Banks’ small business lending practices and volumes are the subject of an online survey unveiled Tuesday by the federal insurer of bank deposits and the federal census agency, the two groups said in a release […]
A new proposed rule to modernize banks’ Community Reinvestment Act (CRA) requirements is on the discussion agenda for Thursday’s open meeting of the Federal Deposit Insurance Corp. (FDIC) Board, according to a notice published on […]
A civil money penalty (CMP) of $425,000 was assessed against a Kentucky bank and made public last month for deceptively advertising interest rates and fees for home mortgage loans, the federal insurer of bank deposits […]
Implementation of the Basel III capital framework and assessments of the impact on bank safety and soundness of risks related to crypto assets and climate change are among the “core responsibilities” for the federal bank […]
Seven new members have joined the advisory committee on community banking of the federal bank deposit insurance agency, joining 12 others continuing on the panel, the agency said Wednesday. The full committee will meet May 3, […]
A new executive secretary for the board of the federal insurer of bank deposits was appointed Monday who formerly served an international group of deposit insurance agencies as counselor. The Federal Deposit Insurance Corp. (FDIC) […]
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