FDIC

FDIC: Practical Ideas for Paying for a Home or a Car

The latest FDIC Consumer News features tips to help people make what could be two of their biggest financial decisions — financing their home and getting an auto loan — as well as an overview of new options for using smartphones to pay at shops and restaurants. The Winter 2015 edition also includes articles on avoiding telemarketing…

FDIC: List of Banks Recently 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 December 2014. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

FDIC: Second Quarter 2015 CRA Examination Schedule Announced

The Federal Deposit Insurance Corporation (FDIC) has issued the public list of institutions that it has scheduled for a Community Reinvestment Act (CRA) examination during the second quarter of 2015. This list is published pursuant to revised CRA regulations published in May 1995 that require each federal bank and thrift regulator to publish a quarterly…

FDIC: Branch Banking Remains Prevalent Despite the Growth of Online and Mobile Banking

The Federal Deposit Insurance Corporation (FDIC) today released a study showing that despite the increased use of online and mobile banking, brick-and-mortar banking offices continue to be the primary means through which FDIC-insured institutions deliver financial services to their customers. FDIC-insured institutions operated 94,725 banking offices as of June 2014, a decline of just 4.8…

FDIC: Consumers Encouraged to Develop A Plan to Save for Their Goals

The Federal Deposit Insurance Corporation (FDIC) encourages consumers to use America Saves Week as a time to begin or continue saving towards financial goals. “Saving money on a regular basis in a federally insured financial institution is a proven way to safely and steadily reach your financial goals,” said FDIC Chairman Martin J. Gruenberg. “Whether you are…

FDIC: New Members for Advisory Council on Community Banking Announced

The Federal Deposit Insurance Corporation (FDIC) today announced the selection of seven new members for its Advisory Committee on Community Banking, which has been providing advice and recommendations to the FDIC on a broad range of community bank policy and regulatory matters since it was established in 2009. The Advisory Committee members represent a cross-section…

FDIC: List of Banks Recently 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 November 2014. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

FDIC: List of Banks Recently 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 October 2014. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…