Federal Deposit Insurance Newswire

Federal Deposit Insurance Newswire

Comprehensive Real-Time News Feed for Federal Deposit Insurance.

Results 1 - 20 of 1,752 in Federal Deposit Insurance

  1. Renasant Exits FDIC Loss-Share AgreementsRead the original story w/Photo

    2 hrs ago | National Mortgage News

    Renasant in Tupelo, Miss., is the latest banking company to get out of loss-share agreements with the Federal Deposit Insurance Corp. The $8.5 billion-asset company said in a press release Thursday that it paid $4.8 million to the FDIC as consideration for the early termination of the agreements, which covered single-family and commercial credits. The loss-share agreements were tied to the bank's purchase of assets and assumption of liabilities of two failed banks through FDIC-assisted transactions in 2010 and 2011.

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  2. Renasant in Miss. Exits FDIC Loss-Share AgreementsRead the original story w/Photo

    3 hrs ago | American Banker

    Renasant in Tupelo, Miss., is the latest banking company to get out of loss-share agreements with the Federal Deposit Insurance Corp. Expect banks to pull back on energy lending in the near term, as regulators step up their scrutiny of oil loans and bankers approach the business with a "different attitude," says Mariner Kemper, chairman and chief executive at UMB Financial in Kansas City, Mo. The post-election rise in stock prices has been a boon for investors, but it is also causing notable changes for financial institutions.

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  3. O'Neil: Venezuela's Collapse Has Further to GoRead the original story w/Photo

    6 hrs ago | Bloomberg

    ... ef economist at OECD, and Sheila Bair, president at Washington College and former Chairman of U.S. Federal Deposit Insurance Corporation. (Source: Bloomberg)

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  4. PIDM signs MoUs with US, S KoreaRead the original story w/Photo

    12 hrs ago | Daily Express

    Kuala Lumpur: The Malaysia Deposit Insurance Corporation has signed two separate Memorandums of Understanding with the United States Federal Deposit Insurance Corporation and Korea Deposit Insurance Corporation . In a statement Thursday, Executive General Manager Rafiz Azuan Abdullah said the MoUs are part of the corporation's continuous efforts at extending mutual cooperation and collaboration with international counterparts.

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  5. Despite uncertainty, no surprises at First NBC's annual shareholders meetingRead the original story w/Photo

    17 hrs ago | The Advocate

    ... options for raising capital under the constraints of a consent order reached last month with the Federal Deposit Insurance Corp. and the Louisiana Office of Financial Institutions. Regulators will supervise First NBC's review of its management, loan ...

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  6. Fed to meet on finalizing major too-big-to-fail rule before Obama leavesRead the original story w/Photo

    21 hrs ago | Washington Examiner

    ... for the biggest banks. Some regulators have expressed skepticism of the long-term debt scheme. Federal Deposit Insurance Corporation Vice Chairman Thomas Hoenig, for example, has said that it is "paradoxical" for regulators to try to make the system ...

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  7. A Do-It-Yourself Replacement for Indexed AnnuitiesRead the original story w/Photo

    Yesterday | Kiplinger Online

    ... the purchase of one or more certificates of deposit. There are banks offering CDs insured by the Federal Deposit Insurance Corporation with rates of more than 2% for a 10-year term. You can also obtain rates over 2% utilizing brokered CDs available ...

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  8. Froma Harrop: Trump and the real billionairesRead the original story w/Photo

    Yesterday | Commercial Dispatch

    ... wanting government help. Mnuchin made hundreds of millions off the failed IndyMac bank, after the Federal Deposit Insurance Corp. sold it to him for a song. The FDIC also agreed to protect Mnuchin and partners from steep losses. The government's ...

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  9. PIDM Signs MoUs With US, South Korea To Enhance Operational ReadinessRead the original story

    Yesterday | Malaysian National News Agency

    The Malaysia Deposit Insurance Corporation has signed two separate Memorandums of Understanding with the United States Federal Deposit Insurance Corporation and Korea Deposit Insurance Corporation . In a statement today, Executive General Manager Rafiz Azuan Abdullah said the MoUs are part of the corporation's continuous efforts at extending mutual cooperation and collaboration with international counterparts.

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  10. Gary Rickenbach Gets 2 Years of Probation, 100 Service HoursRead the original story w/Photo

    Wednesday | ArkansasBusiness.com

    ... loss was limited. But Rickenbach looked the other way when Stuart submitted a call report to the Federal Deposit Insurance Corp. indicating that the loan was merely past due when the bank had already sought and received a court judgment for the ...

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  11. The Digital Download - Alston & Bird's Privacy & Data Security Newsletter - November 2016Read the original story w/Photo

    Wednesday | JD Supra

    ... of the Federal Reserve System, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC) issued a joint advance notice of proposed rulemaking, "Enhanced Cyber Risk Management Standards," that would ...

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  12. OCC Explores Special Purpose National Bank Charter for Fintech CompaniesRead the original story w/Photo

    Wednesday | JD Supra

    ... are permitted to take deposits, which would require determinations and regulatory oversight by the Federal Deposit Insurance Corporation (the "FDIC"). This announcement is the latest salvo from the OCC as it tries to get ahead of the curve with ...

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  13. Customers Bancorp, Inc. Achieves Market Capitalization of $1 BillionRead the original story

    Wednesday | World News Report

    ... the United States).  A member of the Federal Reserve System and with deposits insured by the Federal Deposit Insurance Corporation, Customers Bank is an equal opportunity lender that provides a range of banking services to small and ...

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  14. The Time Has (Finally) Come for a Single RegulatorRead the original story w/Photo

    Wednesday | American Banker

    ... "members" of the Federal Reserve System are supervised by the Fed; state "non-members" by the Federal Deposit Insurance Corp. The Fed oversees any bank holding company, while the FDIC has "backup" supervisory authority for any institution with ...

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  15. Settlers Edge Holding Company LLC Mountain Air Development...Read the original story w/Photo

    Aug 1, 2016 | FindLaw

    ... August 2008, but then on 29 August 2008, Integrity Bank was placed under the receivership of the Federal Deposit Insurance Corporation ("FDIC"), which assumed all of its assets and obligations. On 19 September 2008, Settlers Edge submitted a draw ...

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  16. Bank Real Estate Portfolios Face Rocky Future: KBRARead the original story w/Photo

    Tuesday | National Mortgage News

    ... good to be true," KBRA wrote in its fourth-quarter credit outlook report. Based on an analysis of Federal Deposit Insurance Corp. data, KBRA argued that the efforts made by the Federal Reserve to influence asset prices may have sown the seeds for ...

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  17. FDIC Board MeetingRead the original story

    Tuesday Dec 6 | Federal Deposit Insurance Corporation

    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 Tuesday, December 13, 2016, to consider the following matters: : No substantive discussion of the following items is anticipated. These matters will be resolved with a single vote unless a member of the Board of Directors requests that an item be moved to the discussion agenda.

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  18. First NBC proposes management shakeup; CEO Ashton Ryan to remain as presidentRead the original story w/Photo

    Tuesday Dec 6 | The Advocate

    ... its financial statements for 2011 to 2014 also should no longer be relied upon. As of June 30, the Federal Deposit Insurance Corp. considered First NBC as no longer "well capitalized," a downgrade that subjects it to some banking restrictions. The ...

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  19. Enhanced bank scrutiny has unintended consequencesRead the original story w/Photo

    Tuesday Dec 6 | Business North

    ... there were 17,325 banks nationwide. By 2013, that number had decreased to 6,813, according to the Federal Deposit Insurance Corp. (FDIC). The situation has been no different regionally, with more than a dozen community banks becoming part of another ...

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  20. 45 ways to make more money in 2017Read the original story w/Photo

    Tuesday Dec 6 | Silicon Alley Insider

    ... average for savings accounts is just 0.06% APR and 0.04% for checking accounts, according to the Federal Deposit Insurance Corporation. You can turn everyday purchases into money-making opportunities if you pay with a cash-back rewards credit card. ...

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