Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
A competition to develop technology for a timelier and less burdensome financial reporting process – particularly for community banks – has resulted in 14 companies being selected by the Federal Deposit Insurance Corp. (FDIC) to […]
A letter outlining key considerations for banks’ and savings institutions’ third-quarter Consolidated Reports of Condition and Income (call reports) was issued Wednesday by the federal bank deposit insurer, which included supplemental instructions related to capital […]
One interim final and two final rules – including a final regulation on the net stable funding ratio (NSFR), liquidity risk measurement standards and disclosure requirements – will be considered by the board of the […]
Current issues affecting community banking will be discussed during an Oct. 28 open meeting of the Federal Deposit Insurance Corp. (FDIC) Advisory Committee on Community Banking. According to a notice slated for Wednesday’s Federal Register, […]
The receiverships of three banks in Florida and Massachusetts, each bank having been closed April 16, 2010, were terminated Oct. 1 by the Federal Deposit Insurance Corp. (FDIC), the agency said in a Federal Register […]
Steps to provide regulatory relief to banks and facilitate recovery in areas of Florida affected by Hurricane Sally include potential, favorable Community Reinvestment Act (CRA) consideration for disaster-related community development loans, investments, and services, the […]
Quick action by regulatory and political authorities in meeting the financial challenges of the coronavirus crisis was praised Thursday by the board chairman of the federal insurer of bank deposits Thursday in a speech before […]
An exemption from the requirements of the customer identification program (CIP) rules for loans extended by banks and credit unions and their subsidiaries to all customers to facilitate purchases of property and casualty insurance policies […]
A proposed voluntary certification program to promote new technologies is one of five items on the agenda for the Oct. 14 inaugural meeting of an advisory committee of state regulators assembled by the federal insurer […]
A final rule temporarily lowering the community bank leverage ratio (CBLR) threshold to 8% through 2020 and transitioning it to 9% by 2022 is slated for publication Friday in the Federal Register. The final rule, […]
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