Notice 4 Apr 2025 banking, california, financial regulation, oregon, fdic, receivership

🏦FDIC Notice

The Federal Deposit Insurance Corporation (FDIC) announces the termination of Receiverships for the First Bank of Beverly Hills and Liberty Bank, effective April 1, 2025. This release of the banks from Receivership allows them to resume independent operations. The FDIC has authorized necessary actions to complete these transitions.

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Notice 25 Mar 2025 compliance, regulations, information collection, banking, fdic, contractors

📄FDIC Information Collection Renewal Proposal

The FDIC, as part of its obligations under the Paperwork Reduction Act of 1995, invites the general public and other Federal agencies to take this opportunity to comment on the request to renew the existing information collections described below (OMB Control No. 3064-0072; -0093; -0111; -0136; and -0171). The notices of proposed renewal for these information collections were previously published in the Federal Register on January 23, 2025, allowing for a 60-day comment period.

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Notice 25 Mar 2025 compliance, information collection, financial institutions, banking regulations, fdic

📊FDIC Notice on Proposed Information Collection Renewal for Banks

The FDIC, as part of its obligations under the Paperwork Reduction Act of 1995 (PRA), invites the general public and other Federal agencies to take this opportunity to comment on the renewal of the existing information collections described below (OMB Control No. 3064-0095 and -0218).

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Proposed Rule 14 Mar 2025 regulatory compliance, banking, financial institutions, fdic, corporate governance

🏦FDIC Withdraws Proposed Banking Regulations Affecting Corporations

The Federal Deposit Insurance Corporation (FDIC) is withdrawing notices of proposed rulemaking relating to brokered deposit restrictions, corporate governance and risk management, and the Change in Bank Control Act. If the FDIC decides to pursue future regulatory action in any of these areas, it will issue a new proposed rule.

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Rule 11 Mar 2025 regulatory compliance, banking, advertising, fdic, insured depository institutions, digital signage

🏦FDIC Delays Compliance Dates for Sign and Advertising Requirements

On December 20, 2023, the FDIC adopted a final rule that, among other things, amended the FDIC's sign and advertisement of membership requirements for insured depository institutions (IDIs). The amendments made by the final rule took effect on April 1, 2024; however, full compliance with the amendments was delayed to January 1, 2025. On October 22, 2024, full compliance with the amendments to the sign and advertisement of membership requirements contained in the final rule was delayed to May 1, 2025. The FDIC is further postponing the compliance date for the requirement to display the FDIC official digital sign on an IDI's digital channels, as well as on the screen of an IDI's automated teller machine (ATM) and like devices, to March 1, 2026. During this time, the FDIC will continue to review the feedback received regarding implementation issues and potential consumer confusion that may result from requirements related to the display of the digital sign. After completing its review, the FDIC expects to propose changes to the regulation to address implementation concerns and potential sources of confusion.

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Proposed Rule 11 Mar 2025 regulation, financial institutions, fdic, mergers and acquisitions, policy change, bank merger

🏦FDIC Proposes Rescission of Bank Merger Policy

The FDIC is requesting public comment on a proposal to rescind the Statement of Policy on Bank Merger Transactions published in 2024 and reinstate its prior Statement of Policy on Bank Merger Transactions. The FDIC expects to request comment on all aspects of the regulatory framework governing the FDIC's review of bank merger transactions in connection with a future proposal to comprehensively revise its merger policy.

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Notice 4 Mar 2025 compliance, information collection, regulation, banking, financial institutions, fdic

🏦FDIC Information Collection Activities

The FDIC, as part of its obligations under the Paperwork Reduction Act of 1995 (PRA), invites the general public and other Federal agencies to take this opportunity to comment on the renewal of the existing information collections described below (OMB Control No. 3064-0117; -0145 and -0161).

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Notice 4 Mar 2025 financial regulation, fdic, receivership, chicago, business recovery

🏦FDIC Notice

The Federal Deposit Insurance Corporation announces its intent to terminate the receivership of The National Republic Bank of Chicago. Following the completion of asset liquidation, the FDIC will issue final dividend payments to verified creditors. The termination will take effect no sooner than 30 days from the notice. Interested parties can submit written comments regarding this decision.

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Notice 3 Mar 2025 compliance, regulatory, information collection, finance, employment, fdic

🏦FDIC Proposes Renewal of Employment Information Collection

The FDIC, as part of its obligations under the Paperwork Reduction Act of 1995, invites the general public and other Federal agencies to take this opportunity to comment on the request to renew the existing information collection described below (OMB Control No. 3064-0121). The notice of proposed renewal for this information collection was previously published in the Federal Register on December 9, 2024, allowing for a 60-day comment period.

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Notice 24 Feb 2025 banking, fdic, creditors, illinois, financial stability, asset liquidation, receivership, chicago, new city bank

🏦FDIC Notice

The Federal Deposit Insurance Corporation (FDIC) has issued a notice regarding the intent to terminate the receivership of New City Bank in Chicago, Illinois. Following the completion of asset liquidation, the FDIC will make final dividend payments to proven creditors. Comments regarding the termination must be submitted within 30 days of the notice.

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