Community Bank and Trust – West Georgia closed by regulators
Georgia regulators closed Community Bank and Trust - West Georgia in LaGrange, Georgia, and appointed the FDIC as receiver. Anchor ...
Tag: FDIC
FDIC issues relief guidance for Hawaiian banks affected by severe weather
The FDIC released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of ...
Agencies finalize changes to community bank leverage ratio
Federal banking agencies finalized interagency rulemaking to expand the eligibility criteria for the community bank leverage ratio, adopting changes first ...
FDIC issues relief guidance for Mississippi, Tennessee banks affected by storms
The FDIC released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of ...
Banking groups seek more time for public input on Genius Act implementation
ABA joined three banking sector associations in requesting that the Treasury Department and FDIC tie the public comment period for ...
FDIC issues relief guidance for Washington state banks affected by storms, flooding
The FDIC released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of ...
Banking agencies issue revised risk management model guidance
The federal banking agencies rescinded existing risk management model guidance and replaced it with revised principles that they said better ...
Community banker tapped as FDIC chief innovation officer
The FDIC has appointed community banker Trey Maust as chief innovation officer. In his new position, Maust will promote the ...
ABA recommends credit union regulator pause stablecoin rulemaking
The National Credit Union Administration should pause setting up a process through which credit unions can seek approval to issue ...
FDIC rescinds guidance on representment NSF fees
The FDIC rescinded a 2023 financial institution letter that had stated that banks’ charging representment nonsufficient funds fees may be ...
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