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FDIC and Canada’s Deposit Insurance Corporation Sign Memorandum of Understanding

On June 12, the Federal Deposit Insurance Corporation (FDIC) announced the signing of a memorandum of understanding (MOU) with the Canada Deposit Insurance Corporation (CDIC) that “formalizes and strengthens cross-border...more

6/19/2013 - Banking Crisis Canada CDIC Cross-Border FDIC Memorandum of Understanding

FDIC Division Director James R. Wigand Testifies on Cross-Border Resolution Plans

On May 15, James R. Wigand, Director, Office of Complex Financial Institutions of the Federal Deposit Insurance Corporation (FDIC) testified before the U.S. Senate Subcommittee on National Security and International Trade and...more

5/22/2013 - Cross-Border Dodd-Frank FDIC

FDIC and OCC Propose Limits on Deposit Advance Loans

On April 25 the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) proposed for public comment supervisory guidance to institutions subject to their jurisdictions (i.e.,...more

5/1/2013 - Ability-to-Repay Deposit Advances FDIC Loans OCC Proposed Regulation

Agencies Provide Additional Instructions for Submission of Resolution Plans and Extend Deadline

On April 15 the Federal Reserve Board (Board) and the Federal Deposit Insurance Corporation (FDIC) announced the release of additional guidance, clarification and direction for the first group of institutions filing their...more

4/24/2013 - Consumer Protection Act Deadlines Dodd-Frank FDIC Federal Reserve

FDIC Announces Availability of Educational Videos

On April 3, the Federal Deposit Insurance Corporation (FDIC) announced the release of the first in a series of technical assistance videos to provide useful information to bank directors, officers and employees on areas of...more

4/11/2013 - Bank Secrecy Act Community Reinvestment Act FDIC Proposed Regulation Regulatory Standards Training Video Recordings

Flood Insurance Changes

On March 29, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the National Credit Union Administration, and the Farm Credit...more

4/3/2013 - BWFI Act FDIC Flood Disaster Protection Act Flood Insurance

Banking Agencies Issue Guidance on Leveraged Lending

On March 21, federal bank regulatory agencies released updated supervisory guidance on leveraged lending, “which has been increasing since 2009 after declining during the financial crisis.” The guidance from the Federal...more

3/27/2013 - FDIC Federal Reserve Leveraged Loans Risk Management Stress Tests Underwriting Valuation

Agencies Release Proposed Revisions to Interagency Questions and Answers Regarding Community Reinvestment

On March 18, the Federal Reserve Board, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency (the Agencies) requested comment on proposed revisions to “Interagency Questions and Answers...more

3/27/2013 - Community Reinvestment Act FDIC Federal Reserve

Deposit Insurance Coverage Seminars for Bank Officers and Employees

On February 21, the Federal Deposit Insurance Corporation announced that it will conduct 15 free telephone seminars on deposit insurance coverage for bank officers and employees between March 20 and December 3, 2013...more

2/27/2013 - Deposit Insurance FDIC

Agencies Issue Final Rule on Appraisals for Higher-Priced Mortgage Loans

On January 18, six federal financial regulatory agencies (the Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Federal Housing Finance...more

2/1/2013 - CFPB Dodd-Frank FDIC Federal Reserve FHA Higher-Priced Mortgage Loans Mortgages TILA

FDIC Launches Community Affairs Webinar Series

On January 24, the Federal Deposit Insurance Corporation (FDIC) announced that staff from the FDIC's Division of Depositor and Consumer Protection (DCP) Community Affairs Branch will host a webinar series for bankers in...more

2/1/2013 - FDIC

The End of Unlimited FDIC Insurance: How Banks Can Retain—and Depositors Can Protect—Their Uninsured Deposits

In an attempt to limit the flight of deposits from insured depository institutions resulting from the 2008 fiscal crisis, Section 343 of the Dodd-Frank Wall Street Reform and Consumer Protection Act provided temporary,...more

1/10/2013 - Dodd-Frank FDIC Repo Sweeps Securities Sweep Accounts Uninsured Deposits

FDIC Announces Systemic Risk Advisory Committee Meeting to Be Held December 10

The Federal Deposit Insurance Corporation (FDIC) on December 4 announced that it will hold a meeting of its Systemic Risk Advisory Committee on December 10. The meeting “will feature a discussion with Paul Tucker, Deputy...more

12/14/2012 - FDIC

Federal Reserve, FDIC and OCC Issue Stress Test Requirements

On November 15, the Federal Reserve Board, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (the Agencies) released interim guidance that describes how the Agencies will develop and...more

12/6/2012 - Dodd-Frank FDIC Federal Reserve Stress Tests

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