FDIC

FDIC: 16th Annual Bank Research Conference Held in Arlington, Virginia

The Federal Deposit Insurance Corporation (FDIC) and the Journal for Financial Services Research will sponsor the 16th Annual Bank Research Conference September 8-9, 2016. The conference features a presentation of papers and keynote addresses by FDIC Chairman Martin J. Gruenberg and Professor Douglas Diamond of the University of Chicago’s Booth School of Business. Chairman Gruenberg will…

FDIC: New Members for the Advisory Council on Community Banking Announced

The Federal Deposit Insurance Corporation (FDIC) has announced the selection of eight new members for its Advisory Committee on Community Banking, which has been providing advice and recommendations to the FDIC on a broad range of community bank policy and regulatory matters since it was established in 2009. The Advisory Committee members represent a cross-section…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in June 2016. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

FDIC: Fourth Quarter 2016 CRA Examination Schedule Released

The Federal Deposit Insurance Corporation (FDIC) has issued the public list of institutions that it has scheduled for a Community Reinvestment Act (CRA) examination during the fourth quarter of 2016. This list is published pursuant to revised CRA regulations published in May 1995 that require each federal bank and thrift regulator to publish a quarterly…

FDIC: Supervisory Insight’s Summer Edition Focused on De Novo Formation

The Federal Deposit Insurance Corporation (FDIC) today issued “De Novo Banks: Economic Trends and Supervisory Framework,” which appears in the Summer 2016 issue of Supervisory Insights. The article provides an overview of trends in de novo formation; the process by which the FDIC reviews applications for deposit insurance; the supervisory process for de novo institutions; and steps the FDIC is taking…

FDIC: Tips on Choosing and Using the Right Bank Account

Having a bank account brings important benefits, including deposit insurance and access to a variety of financial services. The latest FDIC Consumer News features simple tips on how to choose and manage a checking or savings account wisely. The Summer 2016 edition also has articles on depositing a check using a smartphone or tablet, avoiding credit and…

Interagency Guidance: 2015 Small Business, Small Farm and Community Lending Data Available

The three federal banking agency members of the Federal Financial Institutions Examination Council (FFIEC) with Community Reinvestment Act (CRA) responsibilities — the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency — announced today the availability of data on small business, small…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in May 2016. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

Regulated Financial Institutions to Submit Self-Assessments of Diversity Policies and Practices

The federal banking agencies today provided information on how the financial institutions they regulate may begin to submit self-assessments of their diversity policies and practices as of year-end 2015, and issued Frequently Asked Questions (FAQs) about the process. Financial institutions are strongly encouraged to disclose on their websites their diversity policies and practices, as well…