FDIC

FDIC: New FDIC Ombudsman Appointed

The Federal Deposit Insurance Corporation (FDIC) has appointed M. Anthony Lowe to the post of FDIC Ombudsman and Director of the Office of the Ombudsman. The Ombudsman’s office interacts extensively with bankers, other industry representatives, community groups, and members of the public to answer questions and hear concerns about FDIC policies and regulations. The office…

FDIC: FDIC Consumer News Issues Warning About 10 Scams Targeting Bank Customers

The FDIC often hears from bank customers who believe they may be the victims of financial fraud or thefts. The Summer 2017 FDIC Consumer News alerts the public to common scams and provides basic tips for protecting personal information and money. Topics include: An overview of 10 schemes bank customers need to be aware of,…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in March 2017. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

FDIC: CRA Examination Schedule for Third and Fourth Quarters 2017 Released

The Federal Deposit Insurance Corporation (FDIC) has issued the list of institutions scheduled for a Community Reinvestment Act (CRA) examination during the third and fourth quarters of 2017. CRA regulations require each federal bank and thrift regulator to publish its quarterly CRA examination schedule at least 30 days before the beginning of each quarter. To…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in February 2017. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

FDIC: Final Handbook for De Novo Organizers Applying for Deposit Insurance Released

The Federal Deposit Insurance Corporation (FDIC) today released a final handbook to assist parties interested in establishing new banks. As part of the FDIC’s ongoing commitment to work with organizers, the handbook – Applying for Deposit Insurance – A Handbook for Organizers of De Novo Institutions – was designed to provide a plain language overview…

FDIC: Advisory Committee on Economic Inclusion to Meet This Week

The Federal Deposit Insurance Corporation (FDIC) Advisory Committee on Economic Inclusion (ComE-IN) will meet on Thursday, April 27 to discuss measures banks may consider to reach underserved populations, such as collaborations with community-based organizations; resources for affordable mortgage lending; and new research that may be used to more effectively target resources to promote broader access…

FDIC: Hosting Economic Inclusion Summit in Arlington, VA

The Federal Deposit Insurance Corporation (FDIC) will host an Economic Inclusion Summit on Wednesday, April 26, to discuss “Strategies to Bring Consumers into the Financial Mainstream.” The summit will bring together representatives from banks; bank trade associations; non-profit organizations; national, state, and local government agencies; and the public. The day-long summit will explore strategies for…

FDIC: New Resource Announced to Help Community Bankers Understand FHLB Products and Programs

The Federal Deposit Insurance Corporation (FDIC) published a new guide to help community bankers learn more about the programs and products offered by the Federal Home Loan Banks (FHLBs) to facilitate mortgage lending. The Affordable Mortgage Lending Guide, Part III: Federal Home Loan Banks describes many of the products and services offered by FHLBs, including…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in January 2017. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…