Federal Bank Regulatory Agencies Finalize Rule to Update Calculation of Counterparty Credit Risk for Derivative Contracts Three federal bank regulatory agencies on Tuesday jointly announced a final rule updating how certain banking organizations are required to measure counterparty credit risk for derivative contracts under their regulatory capital rules.
OCC Supports Minority Depository Institutions, Deputy Comptroller Testifies Deputy Comptroller for the Northeastern District Beverly Cole today described agency efforts to support minority depository institutions.
Agencies Finalize Changes to Supplementary Leverage Ratio as Required by Economic Growth, Regulatory Relief, and Consumer Protection Act The federal bank regulatory agencies have finalized changes to a capital requirement for banking organizations predominantly engaged in custodial activities, as required by the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA).
Federal Bank Regulatory Agencies Issue Final Rule on Treatment of High Volatility Commercial Real Estate Three federal bank regulatory agencies finalized a rule to modify the treatment of high volatility commercial real estate (HVCRE) exposures as required by the Economic Growth, Regulatory Relief, and Consumer Protection Act.
FDIC Board Meeting Materials: November 2019 FDIC Board Meeting Materials November 19, 2019 FDIC November Board Meeting Materials Today the Federal Deposit Insurance Corporations Board of Directors met in open session. Materials and information relative to the Board meeting and discussion topics are available here: Final Rule: Revisions to the Supplementary Leverage Ratio to Exclude Certain Central Bank Deposits of Banking Organizations Pre...
Corrected: FDIC Approves the Merger Between BB&T and SunTrust For Immediate Release November 19, 2019 Updated to correct BB&T's name. Press Release Media Contact:Julianne Fisher Breitbeil202-898-6895JBreitbeil@FDIC.gov FDIC Approves the Merger Between BB&T and SunTrust The Federal Deposit Insurance Corporation (FDIC) Board of Directors unanimously approved the Bank Merger Act (BMA) application submitted by Branch Banking and Trust Company (BB&T), Winston-Sa...
FDIC Approves the Merger Between BB&T and SunTrust For Immediate Release November 19, 2019 Press Release Media Contact:Julianne Fisher Breitbeil202-898-6895JBreitbeil@FDIC.gov FDIC Approves the Merger Between BB&T and SunTrust The Federal Deposit Insurance Corporation (FDIC) Board of Directors unanimously approved the Bank Merger Act (BMA) application submitted by Bank Branching and Trust Company (BB&T), Winston-Salem, NC, to merge with SunTrust ...
OCC Proposes Rule to Clarify 'Valid When Made' Doctrine The Office of the Comptroller of the Currency (OCC) is soliciting comments on a proposed rule to clarify that when a national bank or savings association sells, assigns, or otherwise transfers a loan, interest permissible prior to the transfer continues to be permissible following the transfer.
Federal bank regulatory agencies issue final rule on treatment of high volatility commercial real estate Federal bank regulatory agencies issue final rule on treatment of high volatility commercial real estate
Federal bank regulatory agencies issue final rule on treatment of high volatility commercial real estate Federal bank regulatory agencies issue final rule on treatment of high volatility commercial real estate
Federal bank regulatory agencies finalize rule to update calculation of counterparty credit risk for derivative contracts Federal bank regulatory agencies finalize rule to update calculation of counterparty credit risk for derivative contracts
Federal bank regulatory agencies finalize rule to update calculation of counterparty credit risk for derivative contracts Federal bank regulatory agencies finalize rule to update calculation of counterparty credit risk for derivative contracts
FDIC Consumer News: Making Sense of Small Business Expenses Business Cents Making sense of small business expenses As a small business owner, you may be juggling the expenses of running the day-to-day operations of your business, the costs of expanding your business, and the responsibilities to protect your employees and your customers with your financial choices. Knowing you have all of that on your mind, here is some helpful information about banking fo...
FDIC Releases Three Reports Analyzing Growth of Nonbank Lending For Immediate Release November 14, 2019 Press Release Media Contact:Brian Sullivan(202) 898-6534brsullivan@fdic.gov FDIC Releases Three Reports Analyzing Growth of Nonbank Lending Decades-long shifts reported in corporate and mortgage loans between banks and nonbanks WASHINGTON The Federal Deposit Insurance Corporation (FDIC) today released a multi-part analysis of changes in the U.S. banking sys...
FDIC Announces Settlement with HomeStreet Bank in Seattle for Violations of the Real Estate Settlement Procedures Act For Immediate Release November 6, 2019 Press Release Media Contact:Brian Sullivan(202) 898-6534brsullivan@fdic.gov FDIC Announces Settlement with HomeStreet Bank in Seattle for Violations of the Real Estate Settlement Procedures Act The Federal Deposit Insurance Corporation (FDIC) today announced a settlement with HomeStreet Bank, Seattle, Washington, for violations of the Real Estate Settlement ...
FDIC Issues List of Banks Examined for CRA Compliance For Immediate Release November 5, 2019 Press Release Media Contact:LaJuan Williams-Young(202) 898-6876Lwilliams-young@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 F...
OCC Releases CRA Evaluations for 37 National Banks and Federal Savings Associations The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of October 1, 2019 through October 31, 2019. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.
OCC Releases CRA Evaluations for 37 National Banks and Federal Savings Associations The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of October 1, 2019 through October 31, 2019. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.
Industrial Bank Assumes All of the Deposits of City National Bank of New Jersey For Immediate Release November 1, 2019 Press Release FDIC Customer Service Call CenterToll Free - 1-877-367-2719 Industrial Bank Assumes All of the Deposits of City National Bank of New Jersey WASHINGTON City National Bank of New Jersey (City National) in Newark was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as r...
OCC Appoints Receiver for City National Bank of New Jersey, Newark, New Jersey The Office of the Comptroller of the Currency (OCC) today appointed the Federal Deposit Insurance Corporation (FDIC) as receiver for City National Bank of New Jersey, Newark, New Jersey, a national bank (bank).