FDIC

FDIC: Third Quarter 2015 CRA Examination Schedule Announced

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 third quarter of 2015. 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: Lists 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 February 2015. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

FDIC: New Resources for Teachers, Parents, and Caregivers to Strengthen Youth Financial Education

The Federal Deposit Insurance Corporation (FDIC) today launched Money Smart for Young People, a series of lesson plans for teachers and new resources for parents to help them teach children about managing money. The free resources are designed to improve financial education and decision-making skills among young people from pre-K through age 20. The FDIC…

FDIC: Phase II of Youth Savings Pilot Program Announced

The Federal Deposit Insurance Corporation (FDIC) is seeking applications from institutions for its Youth Savings Pilot, a program designed to foster financial education through the opening of safe, low-cost savings accounts by school-age children. Nine financial institutions are currently partnering with schools across the country as part of the initial phase of the FDIC’s Youth…

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 January 2015. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

FDIC: Practical Ideas for Paying for a Home or a Car

The latest FDIC Consumer News features tips to help people make what could be two of their biggest financial decisions — financing their home and getting an auto loan — as well as an overview of new options for using smartphones to pay at shops and restaurants. The Winter 2015 edition also includes articles on avoiding telemarketing…

FDIC: List of Banks Recently 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 December 2014. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

FDIC: Second Quarter 2015 CRA Examination Schedule Announced

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 second quarter of 2015. 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: Branch Banking Remains Prevalent Despite the Growth of Online and Mobile Banking

The Federal Deposit Insurance Corporation (FDIC) today released a study showing that despite the increased use of online and mobile banking, brick-and-mortar banking offices continue to be the primary means through which FDIC-insured institutions deliver financial services to their customers. FDIC-insured institutions operated 94,725 banking offices as of June 2014, a decline of just 4.8…