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What's up
  • [ October 10, 2025 ] Fed to expand operational hours for two large payments systems beginning in 2028 The Fed
  • [ October 10, 2025 ] Guidance on capital instruments for MBOs lauded by national bank regulator, noting clarity offered OCC
  • [ October 9, 2025 ] FinCEN, financial institution regulators add answers to SAR frequently asked questions FDIC
  • [ October 9, 2025 ] No new data items for 3rd quarter call reports, but users will need to use new MFA logins FDIC
  • [ October 9, 2025 ] Agency bestows ‘senior bank examiner’ on 41-year veteran, who also serves as top inspector of Wells Fargo OCC
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FDIC

No change in assessment for bank insurance fund, despite decrease in reserve ratio

December 7, 2023 0

Despite the level of reserves in the fund insuring bank deposits falling relative to the savings covered by the insurance, there will be no change in assessment rates paid by banks, the agency overseeing the […]

FDIC

Biden urges regulators to reverse changes of previous administration, claiming ‘weakening’ of safeguards for larger banks

March 31, 2023 0

Terming actions by the previous administration on bank regulation a “weakening” of common-sense safeguards and supervision for large regional banks, President Joe Biden (D) late Thursday urged the supervisors to reverse those decisions, which he […]

FDIC

‘Designated reserve ratio’ for bank deposit insurance fund remains at 2% for 2018

December 21, 2017 0

A “designated reserve ratio” (DRR) of 2% for the fund that insures the deposits in the nation’s banks and savings institutions has been approved for 2018, according to filings with the Federal Register. The board […]

Today

  • Fed to expand operational hours for two large payments systems beginning in 2028

    October 10, 2025 0
    Sundays and weekday holidays will now be open for transactions through two of the central bank’s largest payments services, starting no earlier than 2028, the agency said late Thursday. The Fedwire (R ) Funds Service (FFS) and the National Settlement [...]
  • Guidance on capital instruments for MBOs lauded by national bank regulator, noting clarity offered

    October 10, 2025 0
    Providing clarity on capital instruments for mutual banking organizations (MBOs) through Federal Reserve guidance was lauded by the national bank regulator late Thursday. In a statement, Comptroller of the Currency Jonathon Gould said the Oct. 8 “additional tier 1 term [...]
  • FinCEN, financial institution regulators add answers to SAR frequently asked questions

    October 9, 2025 0
    Bank Secrecy Act (BSA) regulatory requirements on the reporting of potential illegal transaction structuring activity are among those that regulators sought to clarify in their recent additions to their suspicious activity report (SAR) frequently asked questions (FAQs). The FAQs focus [...]
  • No new data items for 3rd quarter call reports, but users will need to use new MFA logins

    October 9, 2025 0
    No new data items are included in its latest call report forms released Thursday, the federal bank deposit insurance agency said, but new multifactor authorization (MFA) is being added, the agency said. According to the Federal Deposit Insurance Corp. (FDIC), [...]
  • Agency bestows ‘senior bank examiner’ on 41-year veteran, who also serves as top inspector of Wells Fargo

    October 9, 2025 0
    A 41-year veteran of the national bank regulator is now a “senior national bank examiner” for her agency, the agency said late Wednesday. Jennifer Crosthwaite was bestowed the designation by the Office of the Comptroller of the Currency (OCC). According [...]
  • Former FDIC Board member finally lands at Treasury after Senate confirmation

    October 8, 2025 0
    From the board of the federal bank deposit insurance agency, to nominee to run the federal consumer financial protection agency, Jonathon McKernan has now bounced to be the next top Treasury liaison to financial institutions after his confirmation by the [...]
  • Bank regulators push forward to ban use of ‘reputation risk,’ focus on material financial risks, with two proposals

    October 7, 2025 0
    Banning use of reputation risk by regulators and focusing supervision on material financial risks are both subjects of proposals issued Tuesday by two federal bank regulators Tuesday. The Office of the Comptroller of the Currency (OCC) and the Federal Deposit [...]
  • Treasury deputy-under-secretary-in-waiting named, for now, to handle deputy secretary duties

    October 7, 2025 0
    Derek Theurer was appointed to “perform the duties” of Treasury deputy secretary, Treasury Secretary Scott Bessent announced Tuesday. Theurer has been serving as counselor, assisting Bessent on global and domestic tax issues, while awaiting confirmation to the post of deputy [...]

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