Metropolitan Capital Bank closed in Illinois
Illinois regulators closed Metropolitan Capital Bank & Trust in Chicago and appointed the FDIC as receiver. First Independence Bank in ...
Tag: FDIC
ABA urges agencies to finalize Community Bank Leverage Ratio framework revisions
ABA expressed strong support for the agencies’ proposal to lower the CBLR threshold from 9% to 8% and to extend ...
FDIC approves deposit insurance applications for Ford, GM industrial banks
The FDIC has approved two deposit insurance applications submitted by automobile manufacturers Ford and GM to establish industrial banks, according ...
FDIC adopts changes to signage rules
The FDIC board finalized several proposed changes to its recently revised signage rules and pushed back the compliance date by ...
FDIC reinstates independent supervisory appeals office
The FDIC board voted to bring back an independent office at the agency to oversee bank appeals of its supervisory ...
ABA urges FDIC to pause special assessment collection
The FDIC should defer collection of the special assessment imposed on certain banks following the failures of Silicon Valley Bank ...
ABA, associations seek extension of comment period for FDIC’s Genius Act implementation
ABA joined four other associations to request that the FDIC push back the deadline for comment on its proposal to ...
Gould suggests easing bank resolution planning requirements
Comptroller of the Currency Jonathan Gould said he sees no benefit in the FDIC continuing to require filings from large ...
Hill sworn in as FDIC chairman
Travis Hill has been sworn in as the 23rd chairman of the FDIC, the agency announced. He has served as ...
Banking agencies release Shared National Credit Program report
Credit risk associated with large, syndicated bank loans remains moderate, with credit risk trends reflecting the effects of borrowers' ability ...
