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TBA News & Headlines

FDIC Announces Relief for Texas Banks after Severe Storms

The FDIC this week announced steps to provide regulatory relief to financial institutions and facilitate recovery in areas of Texas affected by recent severe weather.

FDIC Issues Final Rule on Small Bank Deposit Insurance

The FDIC yesterday approved a final rule for assessing deposit insurance premiums on banks with under $10 billion in assets.

GAO: Regulators Could Improve Transparency around ‘Living Wills’

A lack of transparency surrounding the process by which federal regulators assess the “living wills” submitted by big banks could undermine public and market trust in the resolution plans and limit accountability on the part of regulators.

FDIC Announces Effort to Encourage De Novo Applications

FDIC Chairman Martin Gruenberg announced yesterday that the FDIC will reduce the period of heightened supervisory monitoring for newly chartered community banks to help address the drought in de novo charters that has occurred since 2011.