FDIC

Agencies update CECL ‘frequently asked questions’

September 6, 2017 0

The new “current expected credit loss” (CECL) accounting standard is addressed in updated “frequently asked questions” (FAQs) issued by federal financial institution regulatory agencies, focusing on the methodology for estimating credit loss allowances and related […]

No Picture
FDIC

Agencies finalize CRA thresholds

January 17, 2017 0

Adjustments to asset-size thresholds for Community Reinvestment Act (CRA) regulations are set with final rules issued — and effective — today by the three federal banking regulatory agencies. The Federal Reserve, OCC and FDIC have […]

No Picture
FDIC

CRA threshold increases to $1.2 billion

January 2, 2017 0

“Small banks” are defined as those with assets of less than $1.226 billion, and “intermediate small banks” (or savings associations) are defined as those with assets of at least $307 and less than $1.226 billion, […]

FDIC

FDIC proposes recordkeeping rule

December 27, 2016 0

The scope of recordkeeping requirements of qualified financial contracts (QFC) for large financial institutions would be expanded under a proposed rule issued by the FDIC, with comments due by Feb. 27. The proposed expansion of […]

1 54 55 56