FDIC suggests ‘targeted’ coverage best option for deposit insurance reform
A “targeted” deposit insurance system in which additional coverage would be extended to business payment accounts would be the best ...
Tag: Deposit insurance
FDIC: Deposit insurance fund on track for recovery
The Deposit Insurance Fund could be replenished as early as 2024 under a restoration plan adopted by the FDIC last ...
Study: Banking apps make deposits less ‘sticky’ as rates rise
More robust mobile banking options correlate with a greater likelihood of losing deposits to better-yielding accounts or investments as interest ...
Gruenberg: Deposit fund assessment proposal coming in May
The FDIC estimates that the cost of resolving Silicon Valley Bank will likely be $20 billion, which will be recovered ...
Fed proposing to make master accounts data public
The Federal Reserve will seek public comment on a proposal to publish a periodic list of depository institutions that have ...
FDIC approves ABA-opposed increase in deposit insurance assessment rate
The FDIC board today unanimously voted to raise deposit insurance assessment rates for every bank by two basis points beginning ...
FDIC’s Gruenberg addresses evolving climate change risk for banks and regulators
Banks have managed weather-related events and risks well, but things are changing and regulators and banks of all sizes will ...
FDIC study: Raising deposit insurance assessments led to drop in bank lending
Raising deposit insurance assessment rates during a time of economic stress leads to a “significant drop” in bank lending growth, ...
Trade groups oppose proposed increase in deposit insurance assessments
The American Bankers Association and five trade associations came out against a proposed two basis-point increase in deposit insurance assessment ...
FDIC proposes changes to large, complex IDI assessments to address TDR elimination
In response to the Financial Accounting Standards Board’s recent elimination of accounting guidance for troubled debt restructurings for adopters of ...
