The FDIC board today approved two proposals to resolve workability issues with its deposit insurance regulations.
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As the agencies prepare to finalize the framework for the community bank leverage ratio, the FDIC has issued a proposal for how it will assess banks for deposit insurance that elect to use the CBLR framework.
The American Bankers Association today offered several recommendations on how the FDIC can modify the deposit insurance application process for community banks.
In a deeply personal speech at a Florida Bankers Association event last night, FDIC Chairman Jelena McWilliams offered her perspectives on the U.S. financial system and how having an appropriately tailored regulatory framework enables banks to help their customers live the American dream.
The FDIC formally launched its highly anticipated initiative to foster de novo bank formation.
Addressing the shortage of de novo banks in the U.S. over the past several years, FDIC Chairman Jelena McWilliams today said more can be done to encourage new bank formation.
FDIC-insured banks and savings institutions earned $62 billion in the third quarter, an increase of 29.3 percent from the industry’s earnings a year before, the FDIC said today.