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FDIC requests information on industrial banks and loan companies
18 Jul 2025 20:54 GMT
… for information on how the FDIC should review filings submitted … or merger transactions. The FDIC is seeking input on its …
As previously covered by InfoBytes, FDIC Acting Chairman Travis Hill last … April discussed how the FDIC should change its approach …
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FDIC withdraws proposed rule on industrial banks and loan companies
18 Jul 2025 20:54 GMT
On July 15, the FDIC Board withdrew a proposed rule … companies.
The withdrawal means the FDIC no longer intends to issue … the Administrative Procedure Act. The FDIC is also separately soliciting information … would be subject to FDIC authority.
[View source.]
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FDIC seeks to create new office of supervisory appeals
18 Jul 2025 01:25 GMT
The board of the Federal Deposit Insurance Corporation (FDIC) approved a proposal … standalone office within the FDIC, known as the Office … of appeals increase,” Acting FDIC Chairman Travis Hill said … industry professionals. The FDIC believes that these changes …
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FDIC proposes return to dedicated Office of Supervisory Appeals
17 Jul 2025 20:04 GMT
… an independent office within the FDIC — the Office of Supervisory … in January 2021, the FDIC created the Office of Supervisory … covered by InfoBytes here). The FDIC now believes the Office of … banks while supervised by the FDIC. The FDIC now seeks to reinstate …
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FDIC submits changes to bank establishment and relocation rules
17 Jul 2025 20:05 GMT
On July 15, the FDIC Board approved a notice … branches and offices. The FDIC’s stated its objective is … depending on location parameters. The FDIC also proposed eliminating its discretion … notice and comment requirements.
The FDIC seeks comment on all aspects …
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FDIC proposes inflation index, changes to ILC rules
16 Jul 2025 19:45 GMT
… community’s lending needs.
The FDIC’s now-acting chair, … paperwork.
For its part, the FDIC issued a request for information … provides clarity on how the FDIC interprets the applicable statutory factors … said in a statement.
The FDIC aims to recruit external, …
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FDIC Leads U.S. Regulators in Crypto Custody Warning to Banks
16 Jul 2025 03:01 GMT
… only.
On July 15, the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve, and the … oversight before offering custody services.
FDIC, Fed, and OCC Sound Alarm … demand, provided they can meet FDIC-style reporting and accountability thresholds …
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Fed, FDIC, OCC Clarify How Banks Can Handle Your Crypto
16 Jul 2025 05:40 GMT
… for crypto-bank partnerships.
OCC, FDIC, and Fed push for secure …
On Monday, the Federal Reserve, FDIC, and OCC issued a joint … for their own portfolios. The FDIC followed by stating that banks …
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Fed, FDIC, And OCC Lay Down Rules For Crypto Custody Of Banks
15 Jul 2025 21:12 GMT
… custodians.
The US Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and the Office of the … auditing mechanisms.
The Fed, FDIC, and OCC also highlighted that … Financial Institution Letter stated that FDIC-supervised institutions may engage in …
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Federal Reserve, OCC, FDIC outline expectations for bank digital asset custody
15 Jul 2025 20:35 GMT
… the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) have published various letters that …