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Rescission Federal Deposit Insurance Corporation

BakerHostetler

FDIC Rescinds De Novo Period Extension and Releases Supplemental Guidance on Business Plan Content

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On April 6, 2016, the Federal Deposit Insurance Corporation (FDIC) rescinded Financial Institution Letter (FIL) 50-2009, titled “Enhanced Supervisory Procedures for Newly Insured FDIC-Supervised Depository Institutions.” In...more

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