News Topic: FDIC

More community bankers now say that cost of funds, not regulatory expense, poses the biggest threat to profits, according to a new survey. ... Read full article

The three federal banking agencies moved to raise the threshold for residential transactions that require an appraisal from $250,000 to $400,000. ... Read full article

An initial review determined that lax oversight at Enloe State Bank allowed for the origination of more than 100 allegedly fraudulent or fictitious loans. ... Read full article

The revised trading rule is seen as a credit negative for banking industry. ... Read full article

The plan approved by the Federal Deposit Insurance Corp. Tuesday would require banks to exchange initial margin only in deals involving external swaps parties. ... Read full article

Regulators have redefined a simplified capital measure for community banks following criticism that their 2018 proposal did not go far enough. ... Read full article

A federal judge blocked state regulators from suing the agency over its new charter, but it’s still unclear whether fintechs would even apply. ... Read full article

The FDIC's latest report on deposit market share shows the nation's seven biggest banks flexing their muscles, while smaller banks' market share gets smaller. ... Read full article

Higher net interest income and securities gains boosted quarterly profit to $62.6 billion, which was 4% higher from a year earlier. But potential trouble signs from lower interest rates may emerge. ... Read full article

The agencies handed banks a significant victory when they finalized revisions to the Dodd-Frank proprietary trading ban, but officials also plan to re-propose changes to the “covered funds” section of the rule. ... Read full article

Readers react to regulators revamping the Volcker Rule and the U.S. Postal Service getting into banking, criticize HUD's plan to make it harder for consumers to allege discrimination and more. ... Read full article

Sheila Bair, who holds board seats at several other organizations, will sit on Fannie's compensation, corporate governance and risk policy committees. ... Read full article

Hove, who spent 11 years on the Federal Deposit Insurance Corp. board, was the agency's acting chairman three different times during the 1990s. He held several jobs in banking, including chairman and CEO of Minden Exchange Bank & Trust, which had ... Read full article

The agency is trying to update its rate-cap policy for institutions that fall below "well-capitalized." But it remains to be seen if the proposed changes fully address community bankers' concerns. ... Read full article

After two regulatory agencies adopted final revisions to the rule, Dodd-Frank defenders expressed concern that the amendments to the proprietary trading ban undermined the post-crisis statute. ... Read full article

The agencies had proposed an "accounting prong" as an alternative means to determine which proprietary trades are banned, but their final rule heeded industry concerns that that would be worse than the current approach. ... Read full article

Banks stand to enjoy new flexibility in complying with Dodd-Frank’s proprietary trading ban, but it remains to be seen if regulators will grant them all the relief they have sought. ... Read full article

The company withdrew an earlier bid to become an ILC after regulators identified problems with its application. It is seeking a Nevada bank charter because it wants to add deposit management services and expand into small-business lending. ... Read full article