Independent Banker

DECEMBER 31, 2022

The FDIC approved a final rule to increase initial base deposit insurance assessment rates by 2 basis points until the Deposit Insurance Fund (DIF) achieves the FDIC’s long-term goal of a reserve ratio of 2% of insured deposits. The FDIC’s long-term goal for the reserve ratio of insured deposits. Source: FDIC.

Compliance 100

Compliance FDIC Community Bank Community 100

PYMNTS

OCTOBER 4, 2019

percent APY, which is about 22 times higher than the average of national accounts. When we built Credit Karma Savings, we wanted to develop a product that made opening a savings account as easy as possible for our members,” said Jagjit Chawla, general manager of savings and tax for Credit Karma, in a release.

West Virginia 132

West Virginia Virginia FDIC Taxes 132

Independent Banker

SEPTEMBER 25, 2014

As David Barr, spokesperson for the FDIC, points out, “a vast majority of community banks remain well-rated and exhibit satisfactory corporate governance programs and compliance management systems.”. Implicit in managing operational risk is for banks to continue to maintain adequate capital and a solid balance sheet, he says.

Compliance 101

Compliance Regulation Community Bank Community 101

Independent Banker

MARCH 15, 2015

FDIC Advisory Committee on Community Banking, member. National Management Association/Grand Lake chapter, treasurer and president. Kelly Pike is a freelance writer in Virginia. ICBA Services Network Board of Directors, member. Large Community Bank Council, member. Regulation Review Committee, vice chairman.

Ohio 70

Ohio Community Bank Community Lending 70