Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
An advisory committee of state regulators will get an update on the federal bank deposit insurer’s office of innovation activities, discuss state-federal coordination, and receive a report on community banking and agricultural lending when it meets […]
Making capital investments in minority depository institutions (MDIs) and community development financial institutions (CDFIs) through a new program of the Treasury Department is supported in an interim final rule issued Tuesday by the federal banking […]
Recent revisions to regulations on brokered deposits and interest rate restrictions will be discussed in a webinar set for March 17 by the federal insurer of bank deposits, the agency said Monday. In a release, […]
A Minnesota man who served as a bank CEO but who pleaded guilty to one count of making false entries in bank records – reportedly resulting in a misappropriation of more than $1.6 million – […]
A new version of frequently asked questions (FAQ) – which adds five new questions – to assist financial institutions and examiners with determining Community Reinvestment Act (CRA) consideration for activities undertaken in response to the […]
Sixty-two banks were assigned ratings of “satisfactory” in December for their efforts under the Community Reinvestment Act (CRA), with another three rated “outstanding” and three more rated “needs to improve,” according to information released Thursday […]
Core principles of diversity, equity and inclusion (DEI) will be integrated into hiring, training, and career development under the latest strategic plan for the actions issued Wednesday by the federal insurer of bank deposits. According […]
A Federal Deposit Insurance Corp. (FDIC) final rule that codifies an interagency statement on the role of supervisory guidance – stating also that such guidance does not create binding legal obligations for the public – […]
Comments are sought on a proposal issued jointly by the three federal banking agencies that would add items to call reports to help evaluate the funding stability of sweep deposits over time, according to a […]
A total of 440 banks throughout the Federal Deposit Insurance Corp.’s (FDIC) six regions are slated to receive evaluations under a federal anti-redlining law over the second and third quarters of 2021, information released by […]
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