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3 Dec 2018, 11:21 am
On November 15, 2018, in response to a November 7, 2018 letter from Republican Senators, FDIC Chairman Jelena McWilliams announced that the FDIC has engaged outside counsel to investigate the Obama-era Operation Choke Point, under which the FDIC and other government agencies pressured banks not to do business with payday lenders. [read post]
18 Aug 2010, 8:28 pm
On July 21, President Obama signed a law permanently increasing FDIC insurance to $250,000 per depositor, per FDIC insured institution, for each account ownership category. [read post]
10 Mar 2025, 11:35 am
The FDIC has proposed rescinding the agency’s 2024 Statement of Policy on Bank Merger Transactions. [read post]
14 Jan 2010, 5:32 pm
FDIC Chairman Sheila Bair said that the... [read post]
28 Jun 2009, 4:30 pm
FDIC is proposing two alternatives for phasing out the Transaction Account Guarantee Program, originally set to expire December 31, 2009. [read post]
21 Aug 2009, 5:46 am
Blair, the head of the FDIC, is running out of money to bailout the depositors of failed banks and will attempt to push failed bank purchases by healthy banks. [read post]
3 Jul 2012, 12:00 pm
An FDIC-insured bank account is one way that you can preserve assets to pass them on to your heirs. [read post]
22 Jul 2008, 6:19 pm
As discussed earlier on this blog, it is important to know how FDIC insurance covers your savings, be it in retirement accounts, joint accounts, POD accounts, trust accounts, etc. [read post]
19 Dec 2011, 12:25 am
in order to secure from the FDIC a release of the FDIC’s claims against the bank’s former directors and officers. [read post]
6 Sep 2010, 7:37 am
As a result, the FDIC should normally not take a lien on the assets of such a covered subsidiary except where the FDIC sells the covered subsidiary to a third party, provides financing in connection with the sale, and takes a lien on the assets of the covered subsidiary to secure the third party’s repayment obligation to the FDIC. [read post]
23 May 2019, 12:11 pm
The second document issued by the FDIC as part of the settlement is a cover letter from the FDIC’s Deputy General Counsel transmitting the Statement to the plaintiffs’ counsel. [read post]
6 Jan 2012, 12:50 am
It is possible that the FDIC’s willingness to initiate a lawsuit even in these circumstances suggests a certain level of aggressiveness on the FDIC’s part. [read post]
21 May 2009, 8:26 am
Source: FDIC website. [read post]
6 Jun 2023, 2:45 pm
(FDIC Ombuds 2022 Report.)Related posts: FDIC Ombuds Reports Strong Growth in Visitor Traffic; FDIC Ombuds Creates Unit for Bank Customers; Coalition of Federal Ombudsmen Posts 2013 Meeting Minutes; Federal Deposit Insurance Corporation Ombuds Retires; Federal Deposit Insurance Corporation Appoints Ombuds. [read post]
29 May 2016, 6:40 am
The Federal Reserve, but not the FDIC, found Morgan Stanley’s plan to be “not credible”, while the agencies reached the reverse judgment on Goldman Sachs’ resolution plan. [read post]
10 Jan 2012, 7:31 am
The list covers evaluation ratings that the FDIC assigned to institutions in October 2011. [read post]
4 Aug 2011, 5:20 pm
The list covers evaluation ratings that the FDIC assigned to institutions in May 2011. [read post]
5 Oct 2011, 9:16 am
The list covers evaluation ratings that the FDIC assigned to institutions in July 2011. [read post]
31 Jan 2012, 12:33 am
A copy of the FDIC’s complaint can be found here. [read post]
1 Dec 2011, 1:27 pm
The Fall 2011 issue of “FDIC Consumer News” is now available online. [read post]
