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News Stories (12 Results) - FDIC

GreatAmerica Financial Services Corporation announced it has submitted an application with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions (UDFI) to establish GreatAmerica Bank, an industrial bank to... Read Story
March 06, 2020, 07:25 AM


The federal bank regulatory agencies approved a final rule modifying their regulatory capital rules and providing an option to phase in over a period of three years the day-one regulatory capital effects of the update to the accounting standard known... Read Story
December 27, 2018, 07:15 AM


The Federal Deposit Insurance Corporation announced that the Deposit Insurance Fund Reserve Ratio reached 1.36 percent, exceeding the statutorily required minimum reserve ratio of 1.35 percent ahead of the Sept. 30, 2020, deadline required under the... Read Story
November 30, 2018, 06:00 AM


Risk in the portfolio of large syndicated bank loans declined slightly but remains elevated, according to the Shared National Credit (SNC) Program Review released by the Federal Reserve Board (Federal Reserve), the Federal Deposit Insurance... Read Story
August 04, 2017, 07:25 AM


The Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board on Tuesday announced that Bank of America, Bank of New York Mellon, JP Morgan Chase, and State Street adequately remediated deficiencies in their 2015 resolution plans.... Read Story
December 14, 2016, 07:18 AM


The credit quality of large loan commitments owned by U.S. banking organizations, foreign banking organizations (FBOs), and nonbanks is generally unchanged in 2014 from the prior year, federal banking agencies said Friday. In a supplemental report... Read Story
November 11, 2014, 07:02 AM


The Federal Deposit Insurance Corporation (FDIC) released a research study on long-term consolidation in banking and the implications of this trend for community banks. Drawing from data over the last thirty years, the paper finds that community... Read Story
April 14, 2014, 07:29 AM


The Independent Community Bankers of America (ICBA) thanked the Federal Deposit Insurance Corp. for releasing the results of its comprehensive study on the community banking industry. The study reemphasizes the importance of community banks to the... Read Story
December 19, 2012, 07:30 AM


The Independent Community Bankers of America (ICBA) today announced that it strongly supports Federal Deposit Insurance Corp. (FDIC) Director Thomas Hoenig’s call for regulators to modify proposed Basel III capital standards because of their... Read Story
September 17, 2012, 06:59 AM


Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $34.5 billion in the second quarter of 2012, a $5.9 billion improvement from the $28.5 billion in profits the... Read Story
August 29, 2012, 07:00 AM


Reuters reported that nine of the largest global banks expressed confidence they can be salvaged or dismantled without taxpayer bailouts if they became insolvent, as U.S. regulators released public portions of these banks' "living wills".According to... Read Story
July 05, 2012, 08:00 AM


Commercial and industrial (C&I) lending by U.S. financial institutions expanded again in the first quarter, but loan balances are growing at a slower rate as business confidence continues to lag in an uneven economic growth environment and... Read Story
June 01, 2012, 07:30 AM