FIL-34-2020 April 3, 2020 FDIC Extends Comment Period Related to the Proposed Revisions to the Brokered Deposits Rules Printable Format: FIL-34-2020 – PDF (PDF Help) Summary: The FDIC is extending the public comment period for its Notice of Proposed Rulemaking (NPR) for brokered deposits by 60 days to provide bankers and other interested parties additional […]
Category Archives: FDIC
New SBA and Treasury Programs Available for Small Business Relief
FIL-33-2020 April 2, 2020 New SBA and Treasury Programs Available for Small Business Relief Printable Format: FIL-33-2020 – PDF (PDF Help) Summary: The FDIC is advising financial institutions of multiple forms of relief available in the Coronavirus Aid, Relief, and Economic Security (CARES) Act to small businesses through programs administered by the Small Business Administration […]
Revised: New SBA and Treasury Programs Available for Small Business Relief
FIL-33-2020 April 2, 2020 Revised: New SBA and Treasury Programs Available for Small Business Relief Printable Format: FIL-33-2020 – PDF (PDF Help) Summary: The FDIC is advising financial institutions of multiple forms of relief available in the Coronavirus Aid, Relief, and Economic Security (CARES) Act to small businesses through programs administered by the Small Business […]
Joint Statement on the Interaction of the CECL Revised Transition Interim Final Rule with Section 4014 of the Coronavirus Aid, Relief, and Economic Security Act
FIL-32-2020 March 31, 2020 Joint Statement on the Interaction of the CECL Revised Transition Interim Final Rule with Section 4014 of the Coronavirus Aid, Relief, and Economic Security Act Printable Format: FIL-32-2020 – PDF (PDF Help) Summary: This joint statement clarifies the interaction between the interim final rule that provides a five-year transition period for […]
Adjusting the Calculations for Credit Concentration
FIL-31-2020 March 30, 2020 Adjusting the Calculations for Credit Concentration Printable Format: FIL-31-2020 – PDF (PDF Help) Summary: The FDIC, Board of Governors of the Federal Reserve, and Office of the Comptroller of the Currency (the Agencies) are jointly adjusting their calculation for credit concentration ratios used in the supervisory process. The adjustment is in […]
Statement on Part 363 Annual Reports in Response to the Coronavirus
FIL-30-2020 March 27, 2020 Statement on Part 363 Annual Reports in Response to the Coronavirus Printable Format: FIL-30-2020 – PDF (PDF Help) Summary: The FDIC issued the Statement on Part 363 Annual Reports in Response to the Coronavirus to provide additional information and guidance to insured depository institutions (IDIs) subject to Part 363 of the […]
FDIC Updates Steps to Protect Banks and Consumers and to Continue Operations
FIL-29-2020 March 27, 2020 FDIC Updates Steps to Protect Banks and Consumers and to Continue Operations Printable Format: FIL-29-2020 – PDF (PDF Help) Summary: The FDIC is updating steps announced on March 16, 2020 to protect banks and consumers and to continue operations. Statement of Applicability to Institutions with Total Assets under $1 billion: This […]
Statement Encouraging Responsible Small-Dollar Lending to Consumers and Small Businesses in Response to COVID-19
FIL-26-2020 March 26, 2020 Statement Encouraging Responsible Small-Dollar Lending to Consumers and Small Businesses in Response to COVID-19 Printable Format: FIL-26-2020 – PDF (PDF Help) Summary: The FDIC, Consumer Financial Protection Bureau, the Federal Reserve Board, the National Credit Union Administration (NCUA) and the Office of the Comptroller of the Currency (OCC) (collectively, “the agencies”) […]
Identification of Essential Critical Infrastructure Workers During the COVID-19 Response Efforts
FIL-25-2020 March 26, 2020 Identification of Essential Critical Infrastructure Workers During the COVID-19 Response Efforts Printable Format: FIL-25-2020 – PDF (PDF Help) Summary: The Cybersecurity and Infrastructure Security Agency (CISA) issued guidance identifying financial services sector workers as essential critical infrastructure workers during the COVID-19 response emergency. The guidance is intended to support state, local, […]
The FDIC Announces a 30-Day Grace Period for the Call Report for the First Quarter of 2020
FIL-28-2020 March 26, 2020 The FDIC Announces a 30-Day Grace Period for the Call Report for the First Quarter of 2020 Printable Format: FIL-28-2020 – PDF (PDF Help) Summary: On March 25, 2020, the FDIC, along with the other federal banking agencies that are members of the Federal Financial Institutions Examination Council (FFIEC), issued a […]