The FDIC released guidance today with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Arkansas affected by severe storms, straight-line winds, tornadoes and flooding. The agency encouraged banks in affected areas to work constructively with borrowers experiencing difficulties due to severe weather, including extending repayment terms, restructuring existing loans or easing terms for new loans. The agency also said it would consider relief from certain filing and publishing requirements.
Federal appeals court strikes down the Fed’s debit card fee cap
Court says the Fed must rewrite the rule capping how much banks can charge for processing debit card transactions. ABA called the decision disappointing,









