Aligning real estate lending standards with the new community bank leverage ratio (CBLR) rule is the aim of a proposal issued Tuesday by the board of the federal deposit insurance agency. The proposal by the […]
A plan to return the insurance fund that covers bank deposits to a reserve ratio of 1.35% of total savings insured will stay on course, the governing board of the fund said Tuesday, primarily because […]
The Federal Deposit Insurance Corp. (FDIC) Board will hold a meeting open to the public via webcast to receive a briefing on the Deposit Insurance Fund (DIF) and vote on the establishment of the the […]
A briefing on the restoration plan for the fund insuring bank deposits is one of two discussion items on the agenda for a meeting next week of the board of the insurance agency. The Federal […]
Regulatory relief for banks in areas of Louisiana affected by severe storms, tornadoes, and flooding last month was announced Thursday in a Federal Deposit Insurance Corp. (FDIC) Financial Institution Letter (FIL). The FDIC said it […]
Fintech as an enhancement for “inclusive consumer banking” is among the agenda topics for a conference scheduled for late this month by the federal insurer of bank deposits. Titled “Fintech: A Bridge to Economic Inclusion” […]
A reminder of the approaching deadline for papers to be presented at the 20th Annual Bank Research Conference – which still may be held virtually depending on safety amid the COVID-29 pandemic – was issued […]
Out of 86 banks whose Community Reinvestment Act (CRA) ratings bestowed in March, one was deemed “needs to improve” and four were “outstanding” for their efforts under the anti-redlining statute, according to the Federal Deposit […]
Flexibility to work with borrowers affected by severe storms in West Virginia from Feb. 27 through March 4 is among the relief measures the federal bank deposit insurer is offering to banks to help facilitate […]
Use of alternative data at financial institutions, particularly with banks that have third-party relationships with financial technology (fintech) lenders, should be the focus of collaboration among federal financial institution regulators – with a focus on […]
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