A 2% designated reserve ratio (DRR) will continue in 2026 for the Deposit Insurance Fund (DIF for banks, the federal bank deposit insurer said Tuesday. According to a Federal Deposit Insurance Corp. (FDIC) staff memo […]
Prohibitions were ordered against or agreed to by four workers of Truist Bank in Charlotte, N.C., in October for misappropriating funds related to coronavirus crisis loan programs, and for cashing bogus checks, the federal bank […]
Insured depository institutions (IDIs) have an additional 21 months to comply with a rule requiring the display of the Federal Deposit Insurance Corp. (FDIC) official sign on their digital deposit-taking channels, according to an agency […]
A final rule easing leverage capital requirements for the largest and most systemically important banking organizations was announced Tuesday by federal regulators and is set to take effect April 1, 2026. Institutions are free to […]
As of Jan. 1, banks with less than $1 billion in consolidated assets will no longer be required to provide federal regulators with annual reports of independent audit findings, according to a final rule announced […]
“Informational filings”– which provide details for their rapid and orderly resolution in the event of bankruptcy or other insolvencies – for six large banking companies were published Tuesday by the federal bank deposit insurance agency. […]
Lowering from 9% to 8% the “community bank” leverage ratio (CBLR) in capital requirements was proposed by all three federal bank regulatory agencies Tuesday, which also proposed a longer period for the banks to achieve […]
The board of the federal bank deposit insurance agency has approved Dana T. Wade to be deputy to the chairman and chief of staff, the agency said in a release Monday. Wade will serve as […]
Proposed revisions to the community bank leverage ratio and a final rule on the same for the largest banks – in addition to loss-absorbing capacity – are slated for action Tuesday by the Federal Deposit […]
Data on small business, small farm, and community development lending during 2024 – required by rules implementing anti-redlining laws – was released Thursday by federal banking agencies. In joint releases, the Federal Reserve, Office of […]
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