Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
The Federal Deposit Insurance Corp. (FDIC) Advisory Committee on Community Banking will hold an open meeting April 13 that will be viewable only by webcast, according to a notice for the Federal Register. The committee, […]
An interim final rule to support a Treasury program making capital investments in minority depository institutions (MDIs) and community development financial institutions (CDFIs) is slated to publish in the Federal Register and to go into effect […]
The temporary change to the supplementary leverage ratio (SLR) for bank holding companies will be allowed to expire as scheduled at month’s end, federal banking agencies said Friday; however, measures to adjust the SLR will […]
Title: Loans in Areas Having Special Flood Hazards; Interagency Questions and Answers Regarding Private Flood Insurance Subject: Flood insurance Agency: FDIC, Federal Reserve, NCUA, OCC, FCA Status: Proposed Q&A Summary: The OCC, Board, FDIC, FCA, […]
A set of questions, with answers, regarding the acceptance of flood insurance policies issued by private insurers is out for a 60-day comment period ending about May 17. The private flood insurance Q&A was issued […]
A failed-bank review of fhe $136-million First City Bank of Florida, closed last October, shows that a growth strategy centered on commercial real estate, a lack of proper control risk mitigation, and poor credit underwriting […]
Banks saw their largest percentage increase of deposits in 77 years during 2020, according to a new report published by the federal insurer of bank deposits published Monday. The Federal Deposit Insurance Corp. (FDIC) said […]
Banks in areas of Louisiana affected by winter storms last month have been extended regulatory relief intended to facilitate recovery in their communities, the Federal Deposit Insurance Corp. (FDIC) said Monday. In guidance issued by […]
Opportunities and challenges in leveraging big data for the banking industry will be probed in a series of five public webinars that get started next month and that will include banking industry leaders, academics, and […]
Banks, thrifts, and other federally insured institutions with more than 100 employees are encouraged to submit voluntary self-assessments of their diversity policies and practices during 2020 by June 30, the Federal Deposit Insurance Corp. (FDIC) […]
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