Meeting: FDIC Board of Directors
Meeting of the FDIC Board of Directors Summary Agenda: No substantive discussion of the following items is anticipated. These matters will be resolved with a single vote unless a member of the Board of Directors […]
FDIC
Meeting: CECL webinar (federal banking and credit union regulators)
Ask the Regulators: Changes to the Current Expected Credit Losses accounting standard The webinar will cover the significant differences financial institutions should expect in their accounting procedures following the CECL changes, scheduled for 2022. Hosted […]
FDIC
FDIC updates compliance exam manual in seven areas, including HMDA, CRA
Seven areas of compliance – including those regarding the Home Mortgage Disclosure Act (HMDA) and the Community Reinvestment Act (CRA) – are included in the updated Compliance Examination Manual (CEM) released by the federal insurer […]
FDIC
Top lawyer charged with conspiracy to defraud bank before it failed in 2017
A former general counsel of a New Orleans bank was charged with conspiracy to defraud the financial institution he once worked for, and which failed, the Department of Justice and the Federal Deposit Insurance Corp. […]
FDIC
Deposit insurer names new general counsel, deputy GC, chairman’s deputy
Three top staff member appointments were announced Tuesday by the Federal Deposit Insurance Corp. (FDIC), including a replacement for the departing general counsel of the agency. Nick Podsiadly will become general counsel of the deposit […]
FDIC
UPDATED: Webinar will look at changes ahead due to CECL accounting standard
A webinar on the new current expected credit loss (CECL) accounting standard that will cover “significant differences” credit unions and other financial institutions should expect once the standard takes full effect is set for April […]
FDIC
Regulators vow regulatory assistance to institutions in inundated Midwest
Federal banking and credit union regulators – along with state supervisory authorities – will provide “appropriate regulatory assistance” to financial institutions they oversee that are affected by the massive flooding in the upper Midwest, the […]
FDIC
Supplementary leverage ratio, deposit insurance rules slated for March 29 FDIC Board meeting
Revisions to a supplementary leverage ratio requirement for custodial banks and proposals regarding federal deposit insurance are slated for discussion during an open meeting March 29 by the board of the Federal Deposit Insurance Corp. […]
FDIC
‘Transparency’ initiative paying off with thousands of public views of bank insurer’s website, chairman tells group
About 10,000 website views per week of publicly available, previously unpublished information – and 50,000 unique visitors to the site – are signs that the federal bank deposit insurer’s program for greater transparency is having an […]
Meeting: FDIC Advisory Committee on Community Banking
The Federal Deposit Insurance Corp. (FDIC) Advisory Committee on Community Banking will meet at the FDIC’s Washington, D.C., headquarters. The meeting will be public and webcast live. The agenda includes brief remarks from FDIC Chairman […]