FDIC – Page 75 – Regulatory Report

What's up

[ April 18, 2024 ] Still another assessed fine, prohibited, after involvement in troubled loan program at Michigan bank OCC
[ April 18, 2024 ] Credit union regulator seeks comments on how to improve, update records retention rules NCUA
[ April 18, 2024 ] Ombudsman’s report notes banker frustration over lack of communication with FDIC FDIC
[ April 18, 2024 ] OCC publishes semiannual interest rate risk report for midsize, community banks OCC
[ April 17, 2024 ] False claims about student loan costs, graduate hiring rates lead to action against for-profit school, CEO CFPB

Revised FAQs on Main Street Lending program issued to clarify expectations

September 18, 2020 0

Lender underwriting should look back to a borrower’s pre-pandemic condition and forward to post-pandemic condition, according to revised frequently asked questions (FAQs) addressing the Main Street Lending Program issued Friday by the Federal Reserve. In […]

First-ever ‘Academic Challenge’ asks teams from higher education to consider banking issues

September 18, 2020 0

Questions concerning the U.S. banking sector will be addressed by teams of university and college students during the inaugural Academic Challenge, launched by the federal insurer of bank deposits to promote banking and connections to […]

2020 survey of bank branch office deposits available

September 18, 2020 0

Survey results of bank branch office deposits for all federally insured institutions as of mid-year 2020 are now available, the federal insurer of bank deposits said Friday. The annual survey, published in the Summary of […]

Systemic resolution advisory panel meets Oct. 1

September 15, 2020 0

A Federal Deposit Insurance Corp. (FDIC) advisory panel on systemic resolution matters, and which last met in December 2018, is scheduled to hold an open meeting this Oct. 1 to discuss issues and developments related […]

No changes to assessment rates as agency adopts restoration plan for diluted bank deposit insurance fund

September 15, 2020 0

Assessment rates will remain unchanged for institutions insured by the federal bank deposit insurance fund under a restoration plan adopted Tuesday for the agency’s insurance fund, which has been diluted by the massive influx of […]

UPDATED: Agency warns credit unions in advance of Sally; banks given OK to close at their discretion

September 14, 2020 0

Credit unions and banks along the Gulf Coast in the path of the new Hurricane Sally both received guidance from their respective federal regulators Monday. The National Credit Union Administration (NCUA) warned credit unions in […]

NY brothers charged for fraudulently seeking nearly $7 million in PPP loans

September 11, 2020 0

A criminal complaint unsealed Thursday charges two New York brothers for allegedly conspiring and submitting at least eight applications for nearly $7 million in forgivable Paycheck Protection Program (PPP) loans guaranteed by the Small Business […]

FDIC terminates 3 bank receiverships

September 10, 2020 0

The Federal Deposit Insurance Corp. (FDIC) on Sept. 1 terminated its receiverships of three banks that were closed from 2009 to 2011, according to a Federal Register notice Wednesday. The agency ended its receiverships of […]

500+ banks slated for CRA examinations over next two quarters

September 9, 2020 0

Federal bank regulators have released Community Reinvestment Act (CRA) examination schedules showing 508 banks and savings associations scheduled for evaluation for compliance with anti-redlining rules over the fourth quarter of this year and the first […]

FDIC Board meets next Tuesday on restoration plan for Deposit Insurance Fund

September 9, 2020 0

A memorandum and resolution on a Deposit Insurance Fund (DIF) restoration plan will be discussed during an open meeting next Tuesday by the Federal Deposit Insurance Corp. (FDIC) Board, which will be viewable online via […]

« 1 … 73 74 75 76 77 … 175 »

Still another assessed fine, prohibited, after involvement in troubled loan program at Michigan bank

April 18, 2024 0

Another individual associated with a troubled lending program at a Southfield, Mich., bank has been ordered to pay a $400,000 civil money penalty (CMP), the national bank regulator said Thursday. The Office of the Comptroller of the Currency (OCC) said [...]
Credit union regulator seeks comments on how to improve, update records retention rules

April 18, 2024 0

Finding methods for improving and updating the records preservation program regulations and accompanying guidelines of the federal credit union regulator is the goal of an advance notice of proposed rulemaking (ANPR) issued Thursday by the agency’s board. The National Credit [...]
Ombudsman’s report notes banker frustration over lack of communication with FDIC

April 18, 2024 0

Challenges faced by the federal bank deposit insurance agency in its supervisory processes and the feedback received from regional ombudsmen and bankers are outlined in the agency ombudsman’s annual report, issued Thursday. The 2023 report from the Federal Deposit Insurance [...]
OCC publishes semiannual interest rate risk report for midsize, community banks

April 18, 2024 0

Interest rate risk (IRR) data gathered during examinations of midsize and community banks and federal savings associations (FSA) by the national bank regulator was published Thursday by the agency. The report, the Office of the Comptroller of the Currency’s (OCC) [...]
False claims about student loan costs, graduate hiring rates lead to action against for-profit school, CEO

April 17, 2024 0

Deceiving students about the cost of loans and making false claims about graduates’ hiring rates have led to a consent order and a civil money penalty (CMP) against a San Francisco-based, for-profit vocational school and its CEO, the federal consumer [...]
‘Cautiously optimistic’ economic outlook noted in latest Beige report

April 17, 2024 0

Mixed results on consumer spending, “roughly flat” bank lending and some increases in residential construction and tourism were noted by the Federal Reserve in its April Beige Book report on economic conditions. The report is based on information collected on [...]