Small Business Bank in Kansas closed by regulators
Kansas regulators closed Small Business Bank in Lenexa, Kansas, and appointed the FDIC as receiver. The Farmers State Bank of ...
Tag: Bank closures
Regulators close Indiana’s Kentland Federal Savings and Loan
The FDIC entered into an agreement with Kentland Bank of Kentland, Indiana, to purchase substantially all assets and assume all ...
FDIC proposes to adjust assessment methodologies, rate schedules
The FDIC proposed updating the definitions of small and large institutions that determine which methodology is applied to calculate an ...
FDIC seeks to ease large bank resolution planning requirements
The FDIC is proposing to reduce the amount of information that large banks must share in their insured depository institution ...
FDIC’s Hill outlines proposed changes to resolution planning, DIF assessments
The FDIC is exploring whether to “significantly” slim down its resolution planning requirements for large banks and make several adjustments ...
Banking agencies publish ‘living will’ feedback
The FDIC and Federal Reserve recently published their feedback letters for the resolution plans submitted by the largest banks, although ...
FDIC releases study of 2023 bank failures
The FDIC released a detailed analysis of the 2023 spring bank failures, finding that depositors with “substantial” uninsured funds were ...
Community Bank and Trust – West Georgia closed by regulators
Georgia regulators closed Community Bank and Trust - West Georgia in LaGrange, Georgia, and appointed the FDIC as receiver. Anchor ...
Study: Weak fundamentals primary cause of bank failures
A recent study of more than 150 years of U.S. bank data has concluded that weak fundamentals are the primary ...
OCC rescinds recovery standards for larger banks
The OCC finalized a rule to rescind the agency’s updated recovery planning guidelines for banks with at least $100 billion ...
