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FDIC Summary of Deposits

Summary of Deposits September 13, 2019 The Federal Deposit Insurance Corporation's (FDIC) Summary of Deposits (SOD) has been updated with data from the June 30, 2019, annual survey. The SOD provides deposit totals for each of the more than 86,000 domestic offices operated by more than 5,300 FDIC-insured commercial and savings banks, savings associations, and U.S. branches of foreign banks. The SO...

FDIC Releases Results of Summary of Deposits Annual Survey

For Immediate Release September 13, 2019 Press Release Media Contact:David Barr(202) 898-6992dbarr@fdic.gov FDIC Releases Results of Summary of Deposits Annual Survey The Federal Deposit Insurance Corporation (FDIC) today released results of its annual survey of branch office deposits for all FDIC-insured institutions as of June 30, 2019. The FDIC's Summary of Deposits (SOD) provides deposit tota...

FDIC Issues List of Banks Examined for CRA Compliance

For Immediate Release September 5, 2019 Press Release Media Contact:David Barr(202) 898-6992dbarr@fdic.gov FDIC Issues List of Banks Examined for CRA Compliance 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 inst...

FDIC-Insured Institutions Report Net Income of $62.6 Billion in Second Quarter 2019

For Immediate Release September 5, 2019 Press Release Media Contact:Julianne Fisher Breitbeil(202) 898-6895E-mail: jbreitbeil@fdic.gov FDIC-Insured Institutions Report Net Income of $62.6 Billion in Second Quarter 2019 Net Income Increases 4.1 Percent from Second Quarter 2018 Net Interest Margin Remains Stable at 3.39 Percent Community Banks Report Increase in Net Income of 8.1 Percent from a Yea...

Changes to the Volcker Rule

Changes to the Volcker Rule On August 20th, the Office of the Comptroller of the Currency (OCC) announced that they, along with the Federal Deposit Insurance Corporation (FDIC), had approved amendments to the Volcker Rule, an important regulation that prevents certain financial institutions from participating in proprietary, or prop, trading and limits their involvement with covered funds. The ne...

FDIC Makes Public July Enforcement Actions

For Immediate Release August 30, 2019 Press Release Media contact:David Barr(202) 898-6992dbarr@fdic.gov FDIC Makes Public July Enforcement Actions One Administrative Hearing Scheduled for September 2019 The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in July. There is one administrative hea...

FDIC Issues CRA Examination Schedules

For Immediate Release August 30, 2019 Press Release Media contact:David Barr(202) 898-6992dbarr@fdic.gov FDIC Issues CRA Examination Schedules for Fourth Quarter 2019 and First Quarter 2020 The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the fourth quarter of 2019 and first quarter of 2020....

August 2019 - Compliance Alert

The Consumer Financial Protection Bureau (CFPB) CFPB Extends Comment Period for Proposal on Debt Collection The Consumer Financial Protection Bureau announced that it will extend the comment period for its proposal implementing the Fair Debt Collection Practices Act. This choice was made to make sure that commenters can take into consideration issues raised during its Notice of Proposed Rulemakin...

Beware of Fake Checks

Beware of Fake Checks Even in todays digital and mobile world where electronic money transfers are common, consumers and businesses may still prefer the assumed security of paper cashiers checks or official bank checks for large or major payments. Recipients generally prefer one of these checks over a personal check because the financial institution presumably has already collected the funds from...

OCC Hosts Nashville Workshop for Board Directors and Bank Management

The Office of the Comptroller of the Currency (OCC) will host a workshop in Nashville, Tenn., at the Spring Hill Suites Nashville Downtown, September 24-25, for directors, senior management team members, and other key executives of national community banks and federal savings associations supervised by the OCC.

OCC Hosts Nashville Workshop for Board Directors and Bank Management

The Office of the Comptroller of the Currency (OCC) will host a workshop in Nashville, Tenn., at the Spring Hill Suites Nashville Downtown, September 24-25, for directors, senior management team members, and other key executives of national community banks and federal savings associations supervised by the OCC.


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