FDIC: Encouraging Consumers of All Ages to Set and Achieve Savings Goals
The Federal Deposit Insurance Corporation (FDIC) today is encouraging people to use America Saves Week as an opportunity to develop, or review their progress toward, financial goals. FDIC Chairman Martin J. Gruenberg said, “During America Saves Week, financial institutions and their community partners collaborate to help people of all ages develop and achieve savings goals….
FDIC: Saul Schwartz Appointed as New Head of Office of Minority and Women Inclusion
The Federal Deposit Insurance Corporation (FDIC) Friday announced that the Board of Directors has approved the appointment of Saul Schwartz as director of the FDIC’s Office of Minority and Women Inclusion (OMWI). Schwartz has served as acting OMWI director since February 2017. He joined the FDIC in 1989, and previously worked in the legal division…
Interagency Statement: Agencies to Give Favorable CRA Consideration to Revitalization Activities in Disaster Areas Affected by Hurricane Maria
OCC Statement FDIC Statement Federal Reserve Statement The federal bank regulatory agencies today announced they will give favorable consideration under Community Reinvestment Act (CRA) regulations to institutions that are located outside of the U.S. Virgin Islands and Puerto Rico, which were designated as major disaster areas in the aftermath of Hurricane Maria, for bank activities…
Interagency Guidance: Examiner Guidance for Institutions Affected by Major Disasters Released
Printable Format: FDIC FIL-62-2017 – PDF (PDF Help) OCC Bulletin 2017-61 Federal Reserve SR 17-14 Summary: The federal financial institution regulatory agencies, in consultation with the Conference of State Bank Supervisors, have jointly issued the attached guidance outlining the supervisory practices to be followed in assessing the financial condition of insured depository institutions and branches and…
FDIC: FDIC Consumer News Offers Tips on Dealing with Debt
Whether you have a little bit of debt or a lot, managing it wisely and ultimately paying off what you owe can be crucial to your financial well-being. The Fall 2017 FDIC Consumer News suggests ways to handle different kinds of debt, including: What to do if you’re struggling to pay your loans, credit cards…