FDIC provides update on Deposit Insurance Fund restoration
DIF reserve ratio remains on track to reach the statutory minimum of 1.35% by year's end. Also, FDIC will explore ...
Tag: Deposit insurance
Bessent outlines administration’s plan for easing bank regulation
The Treasury Department intends to play a greater role in bank regulation with more regulatory tailoring for community banks, which ...
FDIC delays deadline for compliance with new signage requirements
The FDIC board pushed back by more than a year the compliance date for certain provisions of the agency’s revised ...
GAO: Systemic risk exception for 2023 bank failures likely prevented further instability
The 2023 decision by banking regulators to invoke a systemic risk exemption to protect uninsured deposits following the Silicon Valley ...
OCC’s Hsu discusses deposit insurance reform, domestic bank regulation
Federal agencies have changed their supervisory practices regarding liquidity risk management since the failure of Silicon Valley Bank, but only ...
ABA urges FDIC to take ‘enhanced view’ of liquidity risk in call reports
Deposit data currently collected in call reports is not a good indicator of risk and may encourage examiners, investors and ...
FDIC issues additional Q&As on revised signage requirements
The new Q&As cover key implementation topics such as the use of the digital sign and placement of the official ...
CFPB’s Chopra suggests expanding deposit insurance limits
Congress should remove or “dramatically” increase limits on federal deposit insurance for payroll and other non-interest bearing operating accounts, CFPB ...
IRS issues memo on tax deductibility of DIF special assessment
The IRS released a memo on the tax deductibility of the special assessment levied on certain banks by the FDIC ...
FDIC: Deposit Insurance Fund reserve ratio grew in first half of 2024
The Deposit Insurance Fund balance was $129.2 billion at the end of the second quarter of 2024, up $7.5 billion ...
