Federal Deposit Insurance News
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The Independent Community Bankers of America and the American Association of Bank Directors say FDIC policies are making the formation of new banks so difficult that only one has been chartered by the FDIC since 2011.
Alabama banks reported a combined profit of $597 million in the third quarter, up from $532 million during the same quarter in 2012, according to new data from the Federal Deposit Insurance Corp. Once again, banks set aside less money to cover loan losses.
WASHINGTON , Dec. 3 -- The House Small Business Committee issued the following news release: The House Small Business Subcommittee on Investigations, Oversight and Regulation, under the chairmanship of Rep. David Schweikert , today held a hearing to examine the effects of the overall regulatory burden on small financial institutions, namely banks ... (more)
It's almost time for the Volker Rule to be finalized, possibly forcing earth-shattering changes at the largest U.S. banks.
Location Board Room on the sixth floor of the FDIC Building located at 550 - 17th Street, N.W., Washington, D.C. Date December 10, 2013 Description Pursuant to the provisions of the "Government in the Sunshine Act" , notice is hereby given that the Federal Deposit Insurance Corporation's Board of Directors will meet in open session at 10:00 a.m. on ... (more)
The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation have carried out their threats in their proposed guidance to kill deposit advance loans .
At least three U.S. regulators will meet on Dec. 10 to adopt the final version of the Volcker rule banning banks from making speculative bets with their own money, according to three people familiar with the planning.
Dan McGaw rarely sets foot in a bank branch, but he may be more in sync with his accounts than his grandparents ever were.
LISTING OF 100 LARGEST AGRICULTURAL BANKS RELEASED Dec. 2, 2013 Source: Agri Marketing magazine The American Bankers Assn recently released a listing of the 100 Largest Farm Banks ranked by dollar volume.
To: Chief Executive Officers of All National Banks and Federal Savings Associations, Federal Branches and Agencies, Department and Division Heads, All Examining Personnel, and Other Interested Parties The Office of the Comptroller of the Currency , the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation ... (more)
Oklahoma banks earned $924 million first nine month of 2013, down slightly from $962 million for the same period a year ago, according to numbers released Tuesday from the Federal Deposit Insurance Corp. While Oklahoma banks remain well capitalized and mostly profitable, results from the quarter were somewhat of a let down, as the state's banking ... (more)
Nov. 27 --Fewer banks with more employees are making less money in Washington that they did a year ago.