Perficient

OCTOBER 27, 2022

Seeking additional arrows in their quiver against large bank failures, on October 14, 2022, the Federal Reserve Board (FRB) and Federal Deposit Insurance Corporation (FDIC) published an Advance Notice of Proposed Rulemaking (ANPR). Both the FRB and FDIC will accept comments and answers for 60 days after publication in the Federal Register.

Capital 275

Capital Regulation FDIC Regional 275

American Banker

OCTOBER 10, 2023

The Federal Deposit Insurance Corp. issued a proposal requiring larger banks to implement a three-line-of-defense risk management model and increased board independence in response to observed weaknesses in corporate governance during past financial crises and recent bank failures.

Guidelines 36

Guidelines Regional FDIC Risk Management 36

CFPB Monitor

DECEMBER 22, 2020

The FDIC has issued a final rule that establishes a new framework for analyzing whether deposits made through deposit arrangements qualify as “brokered deposits” and amends the methodology for calculating the interest rate restrictions that apply to less than well capitalized insured depository institutions (IDIs).

FDIC 78

FDIC Capital National Regulation 78

BankInovation

APRIL 28, 2023

First Republic Bank shares fell as much as 54% in extended New York trading on speculation that it would be seized by regulators, as regional US lenders are pressured by deposit drains and weakening investments.

San Francisco 52

San Francisco FDIC New York Regional 52

South State Correspondent

AUGUST 21, 2022

Meet Competitive Pressures: National and larger regional banks are specifically targeting better borrowers for seven, ten, or 20-year fixed-rate loans. Second, community banks should use FDIC-insured institutions as hedge providers, and the hedges must be structured as qualified financial contracts (QFC).

How To 195

How To Community Bank Community FDIC 195

American Banker

JULY 24, 2023

Banks may be trying to pay less of a special assessment to recoup the losses to the deposit insurance fund after the regional bank crisis this spring.

FDIC 36

FDIC Regional 36

South State Correspondent

JANUARY 10, 2024

This article will discuss how national, regional, and community banks may use loan hedging programs in 2024 to face earnings challenges. We estimate that approximately another 500 use hedging programs that keep the derivative off balance sheet (thus not reportable by FDIC). Hedging Adoption As of Q3/23, there were just over 4.5k

Community Bank 195

Community Bank Community National Regional 195

PYMNTS

JANUARY 7, 2021

GO2bank is built to be the go-to destination for seamless, affordable, useful banking — combining the security, stability and experience of an FDIC-insured bank with the innovation and agility of a leading FinTech,” Green Dot Corp. CEO Dan Henry said in a press release. Stimulus Checks Pose Issues For H&R Block, TurboTax .

California 142

California FDIC Regional Taxes 142

Abrigo

JANUARY 22, 2015

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. Small regional and community banks had a much higher approval rate (90 percent) for those firms classified as “Growers.”

Community Bank 150

Community Bank Community Regional Cleveland 150

PYMNTS

AUGUST 16, 2019

15) that it will launch regional commercial banking operations in New York and Los Angeles in an effort to grow its corporate client base and connect existing business customers in the markets with its senior banking professionals. and offer clients FDIC-insured accounts. The bank announced Thursday (Aug.

Los Angeles 101

Los Angeles New York FDIC Lending 101

PYMNTS

APRIL 24, 2020

bank technology firm securing $100 million to expand in the region. As an FDIC insured bank in the U.S., B2B FinTech investments appear to be relatively strong, too. This week, Southeast Asia is in the spotlight, with one U.S. Plus, an accounts payable technology company announced a $127 million equity round. KarbonCard. next year.

Fintech 193

Fintech Capital Security FDIC 193

PYMNTS

JULY 11, 2018

Citizens Access safely and securely offers Member FDIC-insured online savings and CD accounts with attractive rates and no fees to customers across the United States. Citizens Financial Group announced the launch of its nationwide, direct-to-consumer digital bank.

Digital Banking 103

Digital Banking United States FDIC ATM 103

PYMNTS

APRIL 2, 2019

Following approval by the Federal Deposit Insurance Corporation (FDIC) and Washington, D.C.’s MOXY bank , preparing to be one of the first new community banks to launch in the U.S. in decades, has announced that it is working with technology solutions company NYMBUS to integrate its core digital banking and payment services.

Community Bank 117

Community Bank Community FDIC Washington 117

American Banker

FEBRUARY 23, 2016

On the one hand, the FDIC's Quarterly Banking Profile showed how normal banking is again. But there were also worrying signs, including an increase in charge-offs, higher loan-loss provisions, and fears of the impact from the energy sector.

FDIC 28

FDIC Report Cards Community Bank 28

PYMNTS

MAY 22, 2018

A bill that would give regional banks a break on regulation was before the U.S. Groshans said that such financial institutions as Zions, Regions Financial, Citizens Financial, Huntington, American Express and Keycorp would benefit from the law. The Economic Growth, Regulatory Relief, and Consumer Protection Act , S.

Regulation 100

Regulation Regional Community Community Bank 100

BankBazaar

APRIL 19, 2023

The US regional banks were under pressure as concern grew among customers and investors about the financial health of the banks in the country. In the United States, the FDIC provides deposit insurance coverage of up to $250,000 per depositor, per insured bank. Why did US banks collapse?

US 78

US United States FDIC Regulation 78

PYMNTS

JANUARY 9, 2018

In July 2017, the Federal Deposit Insurance Corporation (FDIC) held a meeting with a group of community bankers which told officials about the competitive pressures they’re facing from FinTechs. The FDIC’s Advisory Committee on Community Banking offered a platform through which community bankers could highlight these challenges.

Community Bank 131

Community Bank Community Fintech Lending 131

PYMNTS

SEPTEMBER 18, 2020

Regional players like BankUnited have even smaller market caps (at about $2 billion). Accounts are FDIC-insured through a partnership with Bancorp Bank. With the $14.5 billion valuation, Chime passes Robinhood , valued at about $11 billion, as the most highly valued (private) startup.

Los Angeles 231

Los Angeles UX Cards FDIC 231

Abrigo

AUGUST 9, 2017

Bank President Charlie Cecil explained that the bank segments their portfolio by filters such as geographic region and product type and then tracks the migration of risk grading by utilizing market data on trends in property values. Appraised values for properties are then adjusted by the amount of average decline in the market.

Columbus 150

Columbus Ohio FDIC Strategy 150

American Banker

NOVEMBER 17, 2023

Trade groups voiced concerns that the largest banks are paying to clean up a mess created by regional banks. 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.

Regional 36

Regional Groups FDIC Compliance 36

Independent Banker

NOVEMBER 21, 2021

submitted its application to the FDIC at the end of August with the intent to serve New England’s local and sustainable food community with a bank owned by its depositors. The planned de novo in Concord, N.H., Impact is meaningful when it is local, tangible and specific,” he says. Charley Cummings, Walden Mutual. Setting down roots.

Community 170

Community New Hampshire New York Millennials 170

PYMNTS

SEPTEMBER 18, 2020

Regional players like BankUnited have even smaller market caps (at about $2 billion). Accounts are FDIC-insured through a partnership with Bancorp Bank. With the $14.5 billion valuation, Chime passes Robinhood , valued at about $11 billion, as the most highly valued (private) startup.

Los Angeles 140

Los Angeles UX Cards FDIC 140

Jeff For Banks

JULY 31, 2017

US Regional Banks' price-earnings multiple was 16.6x Meaning if it's p/e is 16.6x, like the US Regional Banks mentioned above, then the earnings growth rate should be 16.6%. The regional banks' PEG ratio, if I do the reverse math, implies that earnings are growing around 3% for the banks in that index. So are banks over-valued?

Regional 60

Regional FDIC Industry Risk Management 60

Celent Banking

AUGUST 3, 2016

At a crude estimate, that’s somewhere in the region of 70 billion transactions that would need to convert in the next 30 years or so. FDIC research shows that c. Second, the same Fed research shows that if they were unable to use their preferred payment type, 60% chose to use cash as their second choice.

Survey 100

Survey FDIC US Cards 100

American Banker

NOVEMBER 29, 2016

The Federal Deposit Insurance Corp.'s s third-quarter earnings report was stacked with good news: record earnings and lending, fewer troubled loans and higher interest and noninterest income. Yet there was one statistic that is likely to fuel more calls for help from Washington.

FDIC 28

FDIC Report Washington Cards 28

Independent Banker

JULY 30, 2015

With a consultative approach, I ensure members’ needs are being met through our eight regional offices,” he says. While all of ICBA’s members are FDIC-insured, the association represents Federal Reserve member banks, nationally chartered banks and state-chartered institutions. IB: What does ICBA membership involve?

Resources 70

Resources Tools Community Bank Community 70

American Banker

JUNE 1, 2016

Ties to the energy sector hurt the banking industry in the first quarter as earnings fell 1.9% billion compared with a year earlier, the Federal Deposit Insurance Corp. said Wednesday.

FDIC 28

FDIC Industry Community Bank Regional 28

Jeff For Banks

FEBRUARY 3, 2018

In 2013, there were 6,812 FDIC-insured financial institutions. That yielded 291 total institutions, broken down by region. Some regions are experiencing slightly elevated non-performers from the previous year. Are these anomalies due to region, competition, or business models? Where are we and where have we been?

Taxes 60

Taxes Regional Industry Trends 60

American Banker

AUGUST 2, 2016

Regulators announced Tuesday that they are giving large banks with less than $100 billion in assets an additional year to file their living wills.

Regulation 28

Regulation Regional FDIC National 28

American Banker

OCTOBER 3, 2016

Total deposits at U.S. banks climbed nearly 6% year over year, to $11.3 trillion, even as the total number of banks and branches declined.

FDIC 49

FDIC Branch Strategies Community Bank Regional 49

Abrigo

DECEMBER 9, 2014

Community banks are expanding their loan portfolios to include more small business loans, according to the most recent Community Bank Performance report by the FDIC. Loans across categories increased, with commercial and industrial loans growing at the fastest rate, roughly 5.3 percent over the 3rd quarter of 2013.

Training 170

Training Policies Analysis Community Bank 170

American Banker

MAY 18, 2016

Requiring banks to improve records on which depositors are insured overlooks how the Federal Deposit Insurance Corp. resolves failures.

FDIC 31

FDIC Regional National Regulation 31

Jeff For Banks

OCTOBER 4, 2014

Now the amount of money in US registered investment companies exceeds that in FDIC insured banks. How long before those corporate accounting system providers strike a deal with some regional or national bank to provide seamless views to corporate customers? Was Vanguard a disruptor? No worries, probably not your customers.

Technology 107

Technology Cyber Security FDIC Strategy 107

CFPB Monitor

JUNE 15, 2020

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. Under the agency’s final rule, the same facts and circumstances will be evaluated in a similar manner regardless of the particular region or particular examiner.

Community 60

Community FDIC Lending Examples 60

American Banker

JUNE 1, 2016

While there were positive signals like loan growth and improved interest margins in the Federal Deposit Insurance Corp.'s s first-quarter report card, there were also signs of trouble for the future, including larger institutions' ongoing exposure to the energy sector.

FDIC 28

FDIC Data Cards Report 28

American Banker

OCTOBER 14, 2016

Third-quarter profit at PNC Financial Services Group in Pittsburgh declined on a yearly basis as a higher tax rate and increased expenses ate into improved revenue in both lending and fee-based products.

Taxes 28

Taxes FDIC Lending Groups 28

American Banker

AUGUST 31, 2016

Plenty of banks have ended their federal loss-share deals early, but despite the incentives to wind them down, plenty more still have these crisis-era arrangements in place. It may be due to varying deadlines, mistakes calculating loan values or worries that they still might need the coverage for home equity lines.

FDIC 28

FDIC CA Community Bank Regional 28