Federal Deposit Insurance Corporation

Type: Organization
Name: Federal Deposit Insurance Corporation
First reported 1 hour ago - Updated 1 hour ago - 1 reports

Association: Banking industry seeing improvement

WASHINGTON – America’s banking industry is seeing steady improvement, highlighted by a sharp increase in business loans and a dramatic improvement in the quality of bank portfolios, according to James Chessen, chief economist for the American Bankers ... [Published Providence Business News - 1 hour ago]
First reported 9 hours ago - Updated 1 hour ago - 2 reports

Loans, profits up for Pennsylvania banks in 2Q

Pennsylvania banks and savings institutions reported increases in net income, total loans and leases and deposits compared with a year ago, according to the second-quarter report issued by the Federal Deposit Insurance Corp.Year-to-date net income was ... [Published Business First of Buffalo - 1 hour ago]
First reported 5 hours ago - Updated 5 hours ago - 1 reports

FDIC numbers show Wisconsin banks did well in 2nd ...

MADISON, Wis. (WSAU) -- State financial officials say Wisconsin's banks are doing very well this year.Financial institutions secretary Peter Bildsten says a key indicator for bank health is how much capital they have on hand compared to how much they're ... [Published 1440 WNFL - 5 hours ago]
First reported 6 hours ago - Updated 6 hours ago - 1 reports

FSOC talks nonbank firm oversight

Sept. 3, 2014 – The Financial Stability Oversight Council will meet tomorrow to discuss the possibility of stricter oversight for nonbank financial firms such as the insurer Metlife Inc., according to Reuters.FSOC already designated insurers Prudential ... [Published NAFCU - 6 hours ago]
First reported 8 hours ago - Updated 8 hours ago - 1 reports

Ohio Bankers League event encourages dialogue on current banking issues

ANNIE YAMSONSpecial to the Legal NewsPublished: September 2, 2014Recently, the Ohio Bankers League hosted what is quickly becoming one of its most popular annual events, the 2014 Regulator Roundtable.The event is an opportunity for bankers from around ... [Published Akron Legal News - 8 hours ago]
First reported 11 hours ago - Updated 11 hours ago - 1 reports

More On A Higher Standard For Bank Directors

Kevin LaCroix has some further thoughts on John Gorman's criticism of the proposal of FRB Governor Daniel Tarullo and certain academics that bank officers and directors should be held to a different (i.e., more stringent) fiduciary standard than officers ... [Published Bank Lawyer's Blog - 11 hours ago]
First reported 11 hours ago - Updated 11 hours ago - 1 reports

Federal Agencies Launch Cybersecurity Web Page

The Federal Financial Institutions Examination Council (FFIEC) launched a Web page to serve as a central repository for current and future FFIEC-related materials on cybersecurity.The FFIEC agencies include the Federal Reserve Board, NCUA, Federal Deposit ... [Published Credit Union Magazine - 11 hours ago]
First reported Sep 01 2014 - Updated Sep 01 2014 - 1 reports

How to Get the Best CD Rates

Certificates of deposit (CDs) are a safe, low-risk way to invest your money while earning a higher interest rate than you would typically get with a savings account. Banks can afford to pay higher interest rates on CDs than savings accounts because with ... [Published Discounted Hotel Rooms - Sep 01 2014]
First reported Sep 01 2014 - Updated Sep 01 2014 - 1 reports

Washington Recaptured

WASHINGTON, DC – Two hundred years ago, Washington DC was captured by the British – who then proceeded to set fire to official buildings, including the White House, Treasury Department, and Congress. Today, it is a domestic interest group – very large ... [Published The NewDawn - Sep 01 2014]
First reported Aug 31 2014 - Updated Aug 31 2014 - 1 reports

Muscatine woman sues Valley Bank, former president

A Muscatine woman alleges in a lawsuit filed in Scott County District Court that the failed Valley Bank and its former president, Larry Henson, used nearly $1.3 million in her account during 2012 to make an unauthorized purchase of stock in the bank's ... [Published QC Times - Aug 31 2014]
First reported Aug 31 2014 - Updated Aug 31 2014 - 1 reports

Consumer Confidence Rose in August

U.S. consumers viewed the economy with increased optimism in August, hinting at a strong jobs report for the month.The Conference Board, a private research group, said its index of consumer confidence rose to 92.4 in August from a revised 90.3 in July ... [Published 4 Traders - Aug 31 2014]
First reported Aug 31 2014 - Updated Aug 31 2014 - 1 reports

Five Years After the Banking Crisis, Hundreds of Problem Banks Still Struggle

While many banks have completely recovered from the banking and financial crises of over six years ago, the number of banks classified as “Problem Banks” by the FDIC has remained stubbornly high. A milestone of sorts was reached recently when, after ... [Published Problem Bank List - Aug 31 2014]

Quotes

...of back-end systems with minimal disruption to day-to-day operations," said Ivo Distelbrink, head of Global Transaction Services, Asia Pacific. "The Any2Any solution ticks these boxes and allows Global Payments not only the benefits of improved payments infrastructure in its strategically important Taiwan market, but also the security of a banking partner with extensive international capabilities to support other businesses in various geographies."
..."We're expanding our footprint in central Chester County in response to the increase in our customer base," notes Marshall. "On both the lending and retail side, in business banking and personal banking, we have seen a steady increase in the number of customers we serve."
On Obama’s Labor Day visit to Milwaukee, politics still loom large: "President Obama urged attendees at the Laborfest rally here to mobilize for the fall election rather than allow Republicans to dictate the course of national policy. After Obama complained that Republicans 'oppose almost everything,' sparking boos, the president said: 'Don’t boo -- vote. It’s easy to boo -- I want you to vote.' ... Obama, who first spoke at the annual Labor Day rally when he was a presidential candidate in 2008, sought to revive some of the enthusiasm that defined that first race. He told the enthusiastic crowd to 'believe in yourselves.' 'There’s only one thing more powerful than an idea whose time has come: millions of people organizing around an idea whose time has come,' he said. 'Millions of people voting for an idea whose time has come.'" Read more
..."The work that MetaBank does is work that we can get behind," he said. "We're two companies with similar visions and goals, so it's a fitting match."

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Morning briefing: On Obama’s Labor Day visit to... [Published Capital Times - 1 hour ago]
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Association: Banking industry seeing improvement [Published Providence Business News - 1 hour ago]
Loans, profits up for Pennsylvania banks in 2Q [Published Business First of Buffalo - 1 hour ago]
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Cabela's Announces Plans For West Chester, Ohio... [Published Retail Info Systems - 2 hours ago]
Grand Central: Euro Will be Judge and Jury for ... [Published WSJ.com: Real Time Economics - 3 hours ago]
FDIC numbers show Wisconsin banks did well in 2... [Published 1440 WNFL - 5 hours ago]
What You Need to Know About the Latest Bank Sec... [Published MyBankTracker.com - 5 hours ago]
FSOC talks nonbank firm oversight [Published NAFCU - 6 hours ago]
Retirement Digest [Published Bank Investment Consultant - 7 hours ago]
Funding Terrorists via Bailouts [Published American Thinker - 7 hours ago]
Ohio Bankers League event encourages dialogue o... [Published Akron Legal News - 8 hours ago]
Evans Bank parent faces suit alleging redlining [Published Buffalo News - 8 hours ago]
Struggling bank reports losses but sees improve... [Published Burlington County Times - 9 hours ago]
Rising Risks In The Quest For Yield [Published Seeking Alpha - 9 hours ago]
In Brief: Pa. bank profits rise [Published Erie Times-News - 9 hours ago]
More On A Higher Standard For Bank Directors [Published Bank Lawyer's Blog - 11 hours ago]
Federal Agencies Launch Cybersecurity Web Page [Published Credit Union Magazine - 11 hours ago]
Elizabeth Warren: Hold the Cheers [Published Boston IMC - 16 hours ago]
Walgreen And Two Other Stocks To Buy And Trade [Published Forbes.com - 22 hours ago]
Your Money: Fighting a bank over interest rates [Published Star Ledger - 23 hours ago]
Freshmen Beware: That Mascot-Bearing Credit Car... [Published US News & World Report - Sep 01 2014]
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Blogs

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Grand Central: Euro Will be Judge and Jury for ... [Published WSJ.com: Real Time Economics - 3 hours ago]
The Wall Street Journal’s Daily Report on Global Central Banks for Tuesday, September 2, 2014 Sign up for the newsletter . Highlights Blackstone’s Take: Euro Will be Judge and Jury for Mario Draghi CBO, Fed Growth Forecasts Unattainable, Northwestern’s ...
What You Need to Know About the Latest Bank Sec... [Published MyBankTracker.com - 5 hours ago]
Big banks experience cyber attacks nearly every day, according to JPMorgan Chase Bank. That scary admission comes in response to the latest banks security hack on Chase and other big banks. The raiders are said to have used sophisticated and unique malware ...
More On A Higher Standard For Bank Directors [Published Bank Lawyer's Blog - 11 hours ago]
Kevin LaCroix has some further thoughts on John Gorman's criticism of the proposal of FRB Governor Daniel Tarullo and certain academics that bank officers and directors should be held to a different (i.e., more stringent) fiduciary standard than officers ...
Five Years After the Banking Crisis, Hundreds o... [Published Problem Bank List - Aug 31 2014]
While many banks have completely recovered from the banking and financial crises of over six years ago, the number of banks classified as “Problem Banks” by the FDIC has remained stubbornly high. A milestone of sorts was reached recently when, after ...
Unofficial Problem Bank list declines to 439 In... [Published Calculated Risk - Aug 30 2014]
This is an unofficial list of Problem Banks compiled only from public sources.Here is the unofficial problem bank list for Aug 29, 2014. Changes and comments from surferdude808: As expected, the FDIC released q2 industry results and provided an update ...
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Press Releases

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BofA Merrill Implements CashPro® Any2Any Soluti... [Published Bank of America Press Release - 1 hour ago]
Savings Institute Bank & Trust Seeks State Charter [Published GlobeNewswire: Acquisitions News - Aug 27 2014]
Bank of America Merrill Lynch Publishes Report ... [Published Bank of America Press Release - Aug 26 2014]
Bank of America Reaches Comprehensive Settlemen... [Published Bank of America Press Release - Aug 21 2014]
The World Bank Issues a 10-Year Step-Up Callabl... [Published Bank of America Press Release - Aug 20 2014]
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