News Topic: FDIC

U.S. bank regulators have tentatively agreed to ease an appraisal requirement that could help commercial real estate borrowers, said people familiar with talks among the agencies. ... Read full article

Thomas Vartanian, a corporate lawyer and former regulator, is a noted critic of the Dodd-Frank Act who is reportedly being considered for a key spot in the Trump administration. ... Read full article

A broad range of industry players are panning an October proposal by bank regulators that would impose new cybersecurity requirements on big banks, arguing it will only slow them down. ... Read full article

Although the news was mostly positive, the Federal Deposit Insurance Corp.'s Quarterly Banking Profile revealed potential warning signs for financial institutions. ... Read full article

The FDIC said banking industry profits rose nearly 5% to $171 billion last year; at the same time, the agency's chairman says higher rates may expose bad loans at smaller banks. ... Read full article

Banks had a largely positive fourth quarter, but the Federal Deposit Insurance Corp. still saw signs of concern ahead, including slower overall loan growth. ... Read full article

In an exclusive American Banker poll, bankers see President Trump as a positive force for the financial services industry and are optimistic his administration can deliver on CFPB reform and simpler capital rules. ... Read full article

U.S. District Judge Gladys Kessler is set to rule next week on whether to halt the Justice Department's quest to force banks to cut ties to industries it considers to be at high risk for criminal activity. ... Read full article

Cost control and improved credit were overshadowed by a big charge tied to a dispute with the FDIC. ... Read full article

First Internet Bancorp is the latest institution to enter the business or to significantly expand operations. ... Read full article

Any economic environment, including this one, has risks but it is unclear whether banks are sufficiently worried about what lies ahead. ... Read full article

Documents from Massachusetts complicate the narrative that marijuana businesses either can’t get bank accounts or are only being served by small institutions. ... Read full article

Attorney General-designate Sen. Jeff Sessions R-Ala., could pose a roadblock for marijuana businesses seeking financial services, but might also end a controversial Justice Department program targeting payment processors and financial institutions. ... Read full article

Tax Refund Anticipation Loans (RALs) are short term loans that are made by Lenders, through tax preparers, which are secured by a taxpayer’s tax refund. With interest and fees associated with RALs, the effective annual percentage rate for these loans are ... Read full article

Credit Card companies have a new pitch - "0% Interest on Balance Purchases & Transfers Until XX/1/2012". ... Read full article

Credit Card companies have a new pitch - "0% Interest on Balance Purchases & Transfers Until XX/1/2012". ... Read full article