As the legislative process continues for the first major tax code overhaul in three decades, Senate Finance Committee Chairman Orrin Hatch (R-Utah) yesterday released his own draft of tax reform legislation.

Acting Comptroller of the Currency Keith Noreika provided additional clarity about his views on the deposit insurance application process for de novo banks in a letter to the American Bankers Association today.

In a letter to Acting Comptroller of the Currency Keith Noreika today, ABA highlighted key questions that regulators and policymakers should consider concerning the deposit insurance application process for de novo banks.

As part of its ongoing work to facilitate the chartering of de novo institutions, the FDIC is seeking feedback on a manual released today to guide agency staff as they evaluate and process deposit insurance applications.

The heads of the regulatory agencies are expected to endorse various proposals for regulatory relief tomorrow in a hearing in the Senate Banking Committee.

Loan growth slowed across all major lending categories in the first quarter, according to the FDIC’s Quarterly Banking Profile released today.

The FDIC today released the final version of its long-awaited handbook to help de novo banks apply for deposit insurance.

The Deposit Insurance Fund’s reserve ratio is on track to reach 1.35 percent in 2018, two years earlier than required by statute, according to the agency.

FDIC-insured banks and savings institutions earned $43.7 billion in the fourth quarter, up 7.7 percent from the industry’s earnings a year before, the FDIC said today.

The FDIC is asking for comments on a new handbook it has developed to help de novo banks apply for deposit insurance.