Category Archives: FDIC

FIL-57-2014 November 24, 2014 Assessments Final Rule Printable Format: FIL-57-2014 – PDF (PDF Help) Summary: On November 18, 2014, the FDIC Board of Directors adopted the Assessments Final Rule. The Final Rule revises the FDIC’s risk-based deposit insurance assessment system to reflect changes in the regulatory capital rules that go into effect in 2015 and […]

FIL-56-2014 November 20, 2014 Guidance Related to the FDIC Statement of Policy on Applications for Deposit Insurance Printable Format: FIL-56-2014 – PDF (PDF Help) Summary: The FDIC is issuing guidance in the form of “Questions and Answers” or “Q&As” to aid applicants in developing proposals for deposit insurance and to provide transparency to the application […]

FIL-55-2014 November 19, 2014 Credit Risk Retention: Final Rule   Summary: The Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the U.S. Securities and Exchange Commission, the Department of Housing and Urban Development, and the Federal Housing Finance Agency issued a final […]

FIL-54-2014 November 19, 2014 Filing and Documentation Procedures for State Banks Engaging, Directly or Indirectly, in Activities or Investments that are Permissible for National Banks Printable Format: FIL-54-2014 – PDF (PDF Help) Summary: A State bank (or its subsidiary) engaging in activities or investments (Activities) permissible for a national bank (or its subsidiary) should establish […]

FIL-53-2014 November 13, 2014 Interagency Guidance on Leveraged Lending: Frequently Asked Questions (FAQS) Printable Format: FIL-53-2014 – PDF (PDF Help) Summary: The Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency (agencies) are issuing responses to commonly asked questions about the Interagency Guidance […]

FIL-49-2014 September 29, 2014 Technology Alert: GNU Bourne-Again Shell (Bash) Vulnerability Printable Format: FIL-49-2014 – PDF (PDF Help) Summary: The FDIC, as a member of the Federal Financial Institutions Examination Council (FFIEC), is issuing the attached alert advising financial institutions of a material security vulnerability with Linux and Unix operating systems that could allow an […]

FIL-46-2014 September 9, 2014 Liquidity Coverage Ratio: Final Rule   Summary: The Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Board of Governors of the Federal Reserve System (the agencies) are issuing a final rule that implements a quantitative liquidity requirement consistent with the liquidity coverage ratio (LCR) established […]

FIL-44-2014 August 22, 2014 Interagency Guidance Regarding Unfair or Deceptive Credit Practices Printable Format: FIL-44-2014 – PDF (PDF Help) Summary: The FDIC, the Board of Governors of the Federal Reserve System (Board), the Consumer Financial Protection Bureau (CFPB), the National Credit Union Administration (NCUA), and the Office of the Comptroller of the Currency (OCC) (collectively, […]

FIL-43-2014 August 4, 2014 FDIC Announces Youth Savings Pilot Program   Summary: FDIC-insured institutions are invited to apply and participate in the FDIC’s Youth Savings Pilot Program, which seeks to identify and highlight promising approaches to offering financial education tied to the opening of safe, low-cost savings accounts for school-aged children. The first phase of […]

FIL-41-2014 July 28, 2014 FDIC Clarifying Supervisory Approach to Institutions Establishing Account Relationships with Third-Party Payment Processors Printable Format: FIL-41-2014 – PDF (PDF Help) Summary: The FDIC is clarifying its supervisory approach to institutions establishing account relationships with third-party payment processors (TPPPs). As part of its regular safety and soundness examination activities, the FDIC reviews […]