FDIC: Deposit Insurance Fund Remains On Track to Recapitalization
The Deposit Insurance Fund remains on track to be recapitalized to its statutory level of 1.35% by the statutory deadline ...
Tag: Deposit insurance
FDIC Budget Dips as Contingency Reserves Lowered
The FDIC board today unanimously approved a $2.26 billion agency operating budget for 2022, a 0.7% decrease from the 2021 ...
ABA, State Associations Call for ‘Orderly, Transparent’ FDIC
The American Bankers Association and 51 state bankers associations today wrote to members of the FDIC board emphasizing the importance ...
FDIC: Bank Profits Up in Third Quarter as Capital, Liquidity Levels Remain Strong
FDIC-insured banks and savings institutions earned $69.5 billion in the third quarter of 2021, a 35.9% increase from a year ...
ABA Urges FDIC to Modify Proposed Deposit Insurance Rules for Trust, Mortgage Servicing Accounts
The American Bankers Association and two other banking trade groups urged the FDIC yesterday to address concerns about proposed changes ...
ABA Urges FDIC to Provide Compliance Relief on Deposit Recordkeeping Rule
The American Bankers Association told the FDIC today that covered institutions continue to encounter major challenges in complying Part 370, ...
FDIC: Bank Profits Increase in Second Quarter
FDIC-insured banks and savings institutions earned $70.4 billion in the second quarter of 2021, a 281% increase from a year ...
FDIC Proposes to Simplify Deposit Rules for Trusts, MSAs
The FDIC board today approved a proposal to simplify the deposit insurance rules for deposits of trusts and mortgage servicing ...
ABA Urges Further Action to Address Misuse of FDIC Name, Logo
The American Bankers Association urged the FDIC yesterday to address potentially deceptive practices by nonbank entities implying deposit insurance coverage ...
FDIC Modifies Resolution Plan Rules
The FDIC today outlined a modified approach to implementing its rule requiring insured depository institutions with $100 billion or more ...
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