Press Release: FDIC Board of Directors Withdraws Four Outstanding Proposed Rules
PRESS RELEASE | MARCH 3, 2025 FDIC Board of Directors Withdraws Four Outstanding Proposed Rules WASHINGTON – The Federal Deposit Insurance Corporation’s (FDIC) Board of Directors today approved the withdrawal of three outstanding proposed rules relating to brokered deposits, corporate governance, and the Change in Bank Control Act (CBCA). The FDIC is also withdrawing authority […]
Press Release: FDIC Board of Directors Approves Delay of Compliance Date For Certain Provisions in Sign and Advertising Rule
PRESS RELEASE | MARCH 3, 2025 FDIC Board of Directors Approves Delay of Compliance Date For Certain Provisions in Sign and Advertising Rule WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) Board of Directors today delayed the compliance date of certain provisions under the FDIC’s Sign and Advertising Rule. Specifically, the delay applies to requirements related […]
LA fires magnify climate risks to mortgage industry
As climate change causes more frequent disasters, more mortgages are at risk of going underwater. How can banks limit their exposure?
Press Release: FDIC Board of Directors Approves Proposal to Rescind 2024 Bank Merger Policy Statement
PRESS RELEASE | MARCH 3, 2025 FDIC Board of Directors Approves Proposal to Rescind 2024 Bank Merger Policy Statement WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a proposal to rescind the agency’s 2024 Statement of Policy on Bank Merger Transactions. The FDIC’s proposal will reinstate, on an interim basis, the […]
Trump’s crypto reserve coin picks puzzle industry leaders
Many in the crypto community were confused by the president’s announcement that his proposed strategic crypto reserve will include tokens beyond bitcoin.
‘We need to know what’s going on:’ Judge orders new CFPB hearing
At a court hearing on Monday, lawyers for the Trump administration said statutorily required work is being done by the Consumer Financial Protection Bureau, while the union claimed the government is trying to shut the agency down.
Community banks line up chief executives in February
Small lenders across the country filled leadership positions, including Orrstown Financial Services and QCR Holdings.
Policy uncertainty is weighing on economy, experts say
Unclear and inconsistent signals from Washington about tariffs, tax policy and the capacity of federal agencies are already spurring more conservative consumer-spending habits and could drag down economic growth, economists say.
Hope Bancorp gets regulatory go-ahead to buy Territorial
The Los Angeles-based parent company of Bank of Hope expects to complete its acquisition of Honolulu-based Territorial in April. The $79 million deal faced challenges when an investor group made a competing bid.
GOP lawmakers urge Trump to pick regulatory chair at Fed
Thirty members of the Senate Banking and House Financial Services committees signed a letter petitioning the administration to name a new vice chair for supervision — and quickly.