The Federal Deposit Insurance Corp. (FDIC), Federal Reserve, and Office of the Comptroller of the Currency (OCC) are inviting comment on a proposed rule under section 39 of the Federal Deposit Insurance Act that would […]
The banking industry showed both resiliency and stability during the 2020 financial impact of the coronavirus crisis, but credit and market risks remain ahead, according to the 2021 Risk Review released Tuesday by the Federal […]
A proposed rule to prohibit false advertising or misleading representations of deposit insurance, or using the Federal Deposit Insurance Corp. (FDIC) name or logo in a manner to imply an uninsured product is backed by […]
Title: Tax Allocation Agreements Subject: Tax allocation agreements Agency: FDIC, Federal Reserve, OCC Status: Proposed rule Summary: The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and […]
Zunera Mazhar is the new deputy director of the office of innovation at the federal insurer of bank deposits, where she will guide promotion of the adoption of innovative technologies at the agency and at […]
Umpqua Bank of Roseburg, Ore., was ordered last week to pay a $1.8 million civil money penalty by a banking agency that cited it for deceptive and/or unfair practices related to certain collection fees and […]
The Federal Deposit Insurance Corporation (FDIC) Advisory Committee on Economic Inclusion (ComE-IN) will meet virtually with two panels of experts to discuss the topics of Expanding Inclusion through Technology and Innovation and Expanding Account Access […]
The federal bank deposit insurer’s economic inclusion advisory panel is slated to meet virtually next Thursday beginning at 1 p.m. ET, the agency said in a release, with the meeting expected to last until 5 […]
A two-year report from its ombudsman’s office was published Wednesday by the federal insurer of bank deposits, outlining the office’s efforts in 2019 and 2020 to address banker concerns about such issues as fear of […]
Three out of the 56 banks receiving their Community Reinvestment Act (CRA) evaluation ratings in February from the federal deposit insurance agency were deemed “outstanding,” while one was flagged “needs to improve,” according to information […]
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