Category Archives: FDIC

FIL-58-2015 December 4, 2015 Proposed Revisions to the Consolidated Reports of Condition and Income and Banker Teleconference Scheduled for December 8   Summary: Revisions to the Consolidated Reports of Condition and Income (Call Report) that had been proposed to take effect December 31, 2015, have been deferred until no earlier than March 31, 2016. In […]

FIL-59-2015 December 4, 2015 Revised Compliance Examination Manual Summary: The FDIC has revised the Compliance Examination Manual (manual) to reflect recent supervisory guidance. The manual provides guidance to FDIC examination staff for evaluating financial institutions for compliance with the federal consumer protection laws and regulations. The manual, which is available on the FDIC’s website, may […]

FIL-55-2015 November 23, 2015 Cybersecurity Awareness Resources Printable Format: FIL-55-2015 – PDF (PDF Help) Summary: As part of the FDIC’s Community Banking Initiative, the agency is adding to its cybersecurity awareness resources for financial institutions. These include a Cybersecurity Awareness video and three new vignettes for the Cyber Challenge, which consists of exercises that are […]

FIL-54-2015 November 20, 2015 Updated FFIEC Management Booklet Part of IT Examination Handbook Series   Summary: The Federal Financial Institutions Examination Council (FFIEC) has issued a revised “Management” booklet that provides guidance to assist examiners in evaluating the information technology (IT) governance at financial institutions and service providers. The booklet is part of the IT […]

FIL-53-2015 November 17, 2015 Minimum DIF Reserve Ratio Requirement Notice of Proposed Rulemaking Printable Format: FIL-53-2015 – PDF (PDF Help) Summary: On October 22, 2015, the FDIC Board of Directors approved the attached Notice of Proposed Rulemaking (NPR) to implement the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act: (1) raising the […]

FIL-52-2015 November 16, 2015 FDIC Clarifying its Approach to Banks Offering Products and Services, such as Deposit Accounts and Extensions of Credit, to Non-Bank Payday Lenders Printable Format: FIL-52-2015 – PDF (PDF Help) Summary: The FDIC is reissuing FIL-14-2005, “Payday Lending Programs: Revised Examination Guidance,” and its attachment, “Revised Guidelines for Payday Lending,” (collectively, the […]

The FDIC is seeking comment for 45 days (closing 12-28-2015) on a proposed update to a series of frequently asked questions (FAQs) and an accompanying introductory letter regarding identifying, accepting and reporting brokered deposits that were issued in January 2015 through FIL-2-2015. Statement of Applicability to Institutions with Total Assets Under $1 Billion: This Financial […]

FIL-49-2015 November 6, 2015 Advisory on Effective Risk Management Practices for Purchased Loans and Purchased Loan Participations Printable Format: FIL-49-2015 – PDF (PDF Help) Summary: The FDIC is issuing the attached Advisory to update information contained in the FDIC Advisory on Effective Credit Risk Management Practices for Purchased Loan Participations (FIL-38-2012). This updated Advisory addresses […]

FIL-50-2015 November 6, 2015 Supervisory Guidance on the Capital Treatment of Certain Investments in Covered Funds Printable Format: FIL-50-2015 – PDF (PDF Help) Summary: The FDIC is issuing this Financial Institution Letter (“FIL”) to FDIC-supervised institutions to clarify the interaction between the regulatory capital rule and the final rule implementing section 13 of the Bank […]

FIL-48-2015 October 23, 2015 Cybersecurity Awareness Month – Industry Teleconference Summary: President Obama designated October as National Cybersecurity Awareness Month to raise awareness of both threats to the technologies that have become part of our everyday lives and the need to proactively defend our digital landscape. In recognition of this important designation, the FDIC is […]