No customer type presents a single level of uniform risk or a particular risk profile related to money laundering, terrorist financing or other illicit financial activity, the federal banking and credit union agencies, along with […]
Title: Federal Deposit Insurance Corporation Amended Restoration Plan Subject: Deposit Insurance Fund (DIF) Agency: FDIC Status: Amended restoration plan Summary: The Federal Deposit Insurance Act (FDI Act) requires that the FDIC’s Board of Directors (Board) […]
Title: Assessments, Revised Deposit Insurance Assessment Rates Subject: Assessment rates; deposit insurance Agency: FDIC Status: Proposed rule Summary: The FDIC is seeking comment on a proposed rule that would increase initial base deposit insurance assessment […]
Ensuring that stablecoin arrangements are subject to a federal framework on a “consistent and comprehensive basis” is an “urgent need,” Secretary of the Treasury Janet Yellen told a group of regulators Thursday. During a meeting […]
Of the 47% of bankers responding to the federal bank deposit insurance agency’s post-exam survey, 90% reported “largely favorable” exam experiences, according to a report on 2021 services and activities. The report by the Federal […]
Four banks earned “outstanding” ratings for compliance with anti-redlining regulations in April, but one bank earned a “needs improvement” score, the federal bank deposit insurance agency said Friday. The Federal Deposit Insurance Corp. (FDIC) also […]
This year’s list of distressed or underserved, middle-income geographic areas that are eligible to receive Community Reinvestment Act (CRA) consideration was released Friday by the federal banking agencies. More specifically, the list represents distressed or […]
Flood insurance questions – and answers – will be the topics of discussion at a free July 27 interagency webinar conducted by the Federal Deposit Insurance Corp. (FDIC), the agency said Thursday. The 2022 interagency […]
Pre-examination planning and communications of exam findings are among the sections that have been updated in the consumer compliance examination manual (CEM) issued by the federal bank deposit insurance agency, the agency said Wednesday. According […]
Data on host state loan-to-deposit ratios that banking regulators use to determine banks’ compliance with a federal prohibition on acquiring branches outside their home states primarily to acquire more deposits was published Tuesday by the […]
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