American Banker

MARCH 7, 2024

Net income at the nation's more than 4,000 banks dipped markedly in the final quarter of 2023, though for the full year it exceeded pre-pandemic averages. Deterioration in commercial real estate and credit card lending is a concern, FDIC Chairman Martin Gruenberg says.

FDIC 73

FDIC Report Lending National 73

Abrigo

NOVEMBER 9, 2022

Financial institutions work to meet Q1 2023 CECL deadline A CECL implementation survey by Abrigo found progress by financial instittuions is mixed ahead of the upcoming deadline. . In many cases, financial institutions adopting CECL for the 2023 deadline are tracking ahead of where SEC registrants were as they faced a 2020 deadline.

Survey 195

Survey Software Resources Meeting 195

American Banker

MARCH 22, 2024

The FDIC Office of Inspector General attributed the downfall of Citizens Bank in November 2023 to lax lending practices and risk mismanagement by the Lange family, causing a $14.8 million loss to the regulator's Deposit Insurance Fund. The OIG saw no grounds for a more extensive review.

FDIC 41

FDIC Risk Management Iowa Lending 41

Perficient

NOVEMBER 10, 2023

Transaction Accounts Regulators classify transaction accounts under the Monetary Control Act of 1980 and the Federal Reserve Regulation D for federal reserve requirements on deposit liabilities. In the first quarter of 2023, these balances plunged over 40% due to reported U.S. bank failures but rebounded in the second quarter.

Risk Management 221

Risk Management United States FDIC Compliance 221

Gonzobanker

JUNE 14, 2023

Cross River Bank recently found itself in hot water with the FDIC when the agency declared that the bank engaged in unsafe or unsound banking practices in relation to its compliance with fair lending laws and regulations, specifically the Equal Credit Opportunity Act and the Truth-in-Lending Act. If only it were so easy.

Compliance 109

Compliance FDIC Strategy Fintech 109

American Banker

JULY 7, 2023

The FDIC's New York regional office faced staffing shortages throughout its supervision of now-failed Signature Bank. Experts say more competitive wages, culture shifts and whistleblower protections could help regulators attract and retain talent and improve oversight.

FDIC 78

FDIC New York Regional Regulation 78

CFPB Monitor

MAY 22, 2020

The OCC has issued a final rule revising its regulation implementing the Community Reinvestment Act (CRA). Although the OCC’s proposed revisions were issued jointly with the FDIC, the FDIC did not join in the final rule. The final rule applies to national banks and federal savings associations.

FDIC 78

FDIC Lending Retail Compliance 78

Abrigo

AUGUST 7, 2023

Takeaway 2 Regulators say management should periodically validate the loss estimation process for the allowance for credit losses (ACL) and any changes to it. Regulators have noted such risks can involve financial losses, poor business and strategic decision-making, or damage to a bank’s reputation.

Risk Management 195

Risk Management Handbook Analysis Management 195

American Banker

SEPTEMBER 11, 2023

Brokered deposits had nothing to do with this year's bank failures, and regulators shouldn't pretend otherwise.

FDIC 87

FDIC Regulation Compliance 87

American Banker

SEPTEMBER 8, 2023

The Federal Deposit Insurance Corp. acknowledges in a new report that it didn't adequately monitor First Republic Bank's uninsured deposits, interest rate risk sensitivity and rapid growth — and as a result left the bank vulnerable to contagion.

FDIC 80

FDIC Report Compliance Regulation 80

American Banker

JUNE 22, 2023

FDIC Chairman Martin Gruenberg announced that regulators will soon issue a proposed rule to finalize U.S. implementation of the most recent revisions to the Basel III capital framework. Among the expected updates are changes to capital requirements for banks with assets of more than $100 billion, three of which failed this spring.

FDIC 50

FDIC Capital Regulation Policies 50

American Banker

OCTOBER 4, 2023

Federal Deposit Insurance Corp. Board Member Jonathan McKernan raised concerns Wednesday over his agency's justification for imposing higher capital on banks, saying they could give nonbanks a more competitive edge in certain activities.

FDIC 66

FDIC Capital Policies Compliance 66

Gonzobanker

FEBRUARY 1, 2024

For the bankers we talked with, acknowledging challenges—think NIM, credit, regulation, election uncertainty, unemployment and CRE—while portraying resilience created quite a few compelling narratives throughout the event. Five Hundred? (Oh Well, we’re in 2024 and let’s talk about that “promising outlook” that seems to be building toward Q3.

Conference 88

Conference FDIC Arizona Industry 88

American Banker

JUNE 12, 2023

vice chair Travis Hill said Silicon Valley Bank's failure raises concerns over the resolution process, and said regulators should work harder to find a buyer for distressed banks in the future. Federal Deposit Insurance Corp.

FDIC 36

FDIC Regulation Policies Compliance 36

American Banker

JULY 28, 2023

The Federal Deposit Insurance Corp. this week launched the sale of an $18.5 billion loan portfolio from the failed bank, a pool of debt tied to major private equity and investing firms.

FDIC 36

FDIC Compliance Regulation 36

American Banker

AUGUST 29, 2023

The Federal Deposit Insurance Corp. has issued proposals that would make banks with $100 billion of assets or more hold more long-term debt as a cost buffer in the event of a collapse and meet new planning requirements in case they ever have to be resolved in an emergency.

FDIC 36

FDIC Meeting Compliance Regulation 36

American Banker

MAY 11, 2023

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FDIC 78

FDIC Compliance Regulation 78

American Banker

JANUARY 16, 2024

The Federal Reserve's inexplicable failure to enforce rules requiring Silicon Valley Bank Financial Group to serve as a "source of strength" for its subsidiary saddled the FDIC with billions in extra losses.

FDIC 31

FDIC Groups Policies Compliance 31

American Banker

MAY 19, 2023

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FDIC 101

FDIC Policies Compliance Regulation 101

American Banker

APRIL 18, 2023

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FDIC 72

FDIC Compliance Regulation 72

American Banker

MARCH 18, 2023

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FDIC 69

FDIC US Compliance Regulation 69

American Banker

MARCH 29, 2023

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FDIC 65

FDIC Policies Compliance Regulation 65

American Banker

APRIL 28, 2023

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FDIC 45

FDIC Management cryptocurrency Compliance 45

CFPB Monitor

JUNE 15, 2020

On May 20, 2020, the OCC issued a final rule to “strengthen and modernize” its existing Community Reinvestment Act (“CRA”) regulations. The OCC acted alone in issuing the final CRA rule without waiting to achieve consensus with the FDIC, the agency with which the OCC had jointly issued the proposed rule.

Community 60

Community FDIC Lending Examples 60

American Banker

MAY 31, 2023

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FDIC 36

FDIC Compliance Regulation 36

American Banker

MARCH 27, 2023

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FDIC 47

FDIC Policies Compliance Regulation 47

American Banker

MAY 1, 2023

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FDIC 36

FDIC Policies Compliance Regulation 36

American Banker

MAY 4, 2023

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FDIC 45

FDIC Policies Compliance Regulation 45

American Banker

APRIL 4, 2023

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FDIC 41

FDIC Compliance Regulation 41

American Banker

MARCH 17, 2023

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FDIC 36

FDIC Policies Compliance Regulation 36

American Banker

APRIL 12, 2023

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FDIC 36

FDIC Policies Compliance Regulation 36

American Banker

MARCH 17, 2023

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FDIC 36

FDIC Compliance Regulation 36

American Banker

MARCH 21, 2023

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FDIC 45

FDIC Compliance Regulation 45

Abrigo

DECEMBER 22, 2023

The most-read portfolio risk blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. Abrigo's most popular risk management blogs over the last 12 months cover topics that continue to catch the attention of professionals and regulators.

Risk Management 221

Risk Management Regulation Management Lending 221

Abrigo

SEPTEMBER 14, 2022

The CFPB plans to issue a final rule implementing Section 1071 small-business reporting requirements by the end of March 2023, according to court filing. Those implementing regulations were coming. Stay up to date on small business lending regulation and other lending trends. The proposed rule , unveiled Sept.

Lending 195

Lending Data Regulation Community 195

Abrigo

JULY 26, 2021

The Scaled CECL Allowance for Losses Estimator (SCALE) tool was unveiled during an “Ask the Fed” webinar , where regulators described the Excel spreadsheet-based option using estimated loss rates from peers as a “ starting point ” in the calculation. They also said it doesn’t ensure compliance with U.S.

Tools 195

Tools Kansas City Kansas Regulation 195

American Banker

NOVEMBER 17, 2023

The Federal Deposit Insurance Corp. has finalized a special assessment that is slightly pricier than originally proposed for banks with uninsured deposits of more than $5 billion. Trade groups voiced concerns that the largest banks are paying to clean up a mess created by regional banks.

Regional 36

Regional Groups FDIC Compliance 36