FDIC: Webinar To Highlight Spanish-Language Financial Education Resources
In recognition of Hispanic Heritage Month, the Federal Deposit Insurance Corporation (FDIC) invites organizations that serve the U.S. Spanish-speaking population and members of their communities to participate in an upcoming webinar that will highlight the agency’s Spanish-language consumer resources. The webinar will be conducted in Spanish and is scheduled for October 12, from 3:00 p.m….
Joint Release: Agencies Propose Amending CRA Regulations to Conform to HMDA Regulation Changes and Remove NSP References
The federal bank regulatory agencies today issued a joint notice of proposed rulemaking to amend their respective Community Reinvestment Act (CRA) regulations primarily to conform to changes made by the Consumer Financial Protection Bureau (CFPB) to Regulation C, which implements the Home Mortgage Disclosure Act (HMDA). Since 1995, the Board of Governors of the Federal…
FDIC: FFIEC Launches New Industry Outreach Website
Printable Format: FIL-40-2017 – PDF (PDF Help) Summary: The Federal Financial Institutions Examination Council (FFIEC) launched a new Industry Outreach website for financial institutions, trade associations, third-party providers, and consultants. Statement of Applicability to Institutions with Total Assets Under $1 Billion: This FIL applies to all FDIC-supervised financial institutions. Highlights: The FFIEC launched a new…
Interagency Guidance: Statement on Supervisory Practices Regarding Financial Institutions and Borrowers Affected by Hurricane Irma
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and state bank regulators recognize the serious impact of Hurricane Irma on the customers and operations of many financial institutions and will provide regulatory assistance to affected institutions subject to their supervision. The…
FDIC: CRA Examination Schedule for Fourth Quarter 2017 and First Quarter 2018 Issued
The Federal Deposit Insurance Corporation (FDIC) today issued the list of institutions scheduled for a Community Reinvestment Act (CRA) examination during the fourth quarter of 2017 and first quarter of 2018. CRA regulations require each federal bank and thrift regulator to publish its quarterly CRA examination schedule at least 30 days before the beginning of…
Interagency Guidance: Statement on Supervisory Practices Regarding Financial Institutions and Borrowers Affected by Hurricane Harvey
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and state bank regulators recognize the serious impact of Hurricane Harvey on the customers and operations of many financial institutions and will provide regulatory assistance to affected institutions subject to their supervision. The…
CFPB: What you Need to Know about the New FFIEC HMDA Examiner Transaction Testing Guidelines
Today, the Federal Financial Institutions Examination Council (FFIEC) members announced new FFIEC Home Mortgage Disclosure Act (HMDA) Examiner Transaction Testing Guidelines (Guidelines) for all financial institutions that report HMDA data. The Guidelines will apply to the examination of HMDA data collected beginning in 2018 and reported beginning in 2019. The Guidelines will help ensure accurate…
FDIC: Supervisory Appeals Guidelines Revised Effective Immediately
The Federal Deposit Insurance Corporation (FDIC) on Tuesday revised its guidelines for appeals of certain material supervisory determinations to expand the circumstances under which banks may appeal a material supervisory determination and enhance consistency with the appeals processes of other federal banking agencies. The FDIC sought comment on the proposed changes in July 2016. The…