Category Archives: FDIC

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 […]

The U.S. agricultural industry has reported overall profitability for several years, which has helped strengthen the overall credit quality of many insured financial institutions that serve agricultural clients. However, the U.S. Department of Agriculture (USDA) projects a slowdown in the growth of various financial indicators for U.S. farming and livestock sectors, and the agricultural sector […]

FIL-33-2014 July 1, 2014 Interagency Guidance on Home Equity Lines of Credit (HELOCs) Nearing Their End-of-Draw Period Printable Format: FIL-33-2014 – PDF (PDF Help) Summary: The Interagency Guidance on Home Equity Lines of Credit Nearing Their End-of-Draw Period (HELOC guidance) recognizes that some institutions and borrowers may face challenges as HELOCs near their end-of-draw period. […]

FIL-32-2014 June 25, 2014 Proposed Regulatory Capital Reporting Changes   Summary: The federal banking agencies are requesting comments on proposed revisions to the risk-weighted assets portion of Schedule RC-R, Regulatory Capital, of the Consolidated Reports of Condition and Income (Call Report). These proposed reporting changes would incorporate into Part II of Schedule RC-R the standardized […]

FIL-30-2014 June 19, 2014 Intercompany Income Tax Allocation Agreements Addendum to Policy Statement Printable Format: FIL-30-2014 – PDF (PDF Help) Summary: The federal banking agencies have approved an addendum that supplements and clarifies the 1998 Interagency Policy Statement on Income Tax Allocation in a Holding Company Structure (Interagency Policy Statement). The agencies are issuing the […]

FIL-28-2014 May 30, 2014 Interagency Statement on Increased Maximum Flood Insurance Coverage for “Other Residential Buildings” Printable Format: FIL-28-2014 – PDF (PDF Help) Summary: The FDIC, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the National Credit Union Administration, and the Farm Credit Administration (collectively, the […]

FIL-26-2014 May 8, 2014 FDIC Releases Resource Guide to Help Financial Institutions Evaluate Opportunities to Collaborate with Community Development Financial Institutions Printable Format: FIL-26-2014 – PDF (PDF Help) Summary: The FDIC has produced a resource guide, Strategies for Community Banks to Develop Partnerships with Community Development Financial Institutions, to inform FDIC-supervised institutions of strategies to […]

FIL-21-2014 April 25, 2014 Webinar on Senior Management’S Role in Cybersecurity   Summary: The Federal Financial Institutions Examination Council will host a free webinar entitled Executive Leadership of Cybersecurity: What Today’s CEO Needs to Know About the Threats They Don’t See. The webinar is scheduled for May 7, 2014, from 1:00 p.m. to 2:30 p.m., […]

FIL-17-2014 April 18, 2014 Deposit Insurance Coverage Free Nationwide Seminars for Bank Officers and Employees Printable Format: FIL-17-2014 – PDF (PDF Help) Summary: The FDIC will conduct the following 12 free seminars on deposit insurance coverage for bank officers and employees between May 6, 2014, and December 4, 2014: Four sessions on “Fundamentals of Deposit […]

FIL-16-2014 April 11, 2014 Technology Alert: OpenSSL “Heartbleed” Vulnerability Printable Format: FIL-16-2014 – 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 in OpenSSL, a popular cryptographic library used to authenticate Internet services and […]