Dec 20, 2023 | Economy News
FDIC Board of Directors Meeting (12/20/23): Discussing the 2024 Budget and Advertising Rules The Federal Deposit Insurance Corporation’s (FDIC) Board of Directors recently held a meeting to discuss important matters concerning the organization. The meeting...
Dec 20, 2023 | Economy News
FDIC Signature Bank Receivership Sells 20 Percent Equity Interest in Entity Holding $9 Billion Rent-Stabilized / Rent-Controlled Multifamily Loans Background In a recent transaction, the Federal Deposit Insurance Corporation (FDIC), as the Receiver of Signature Bridge...
Dec 20, 2023 | Economy News
Michigan credit union expands with acquisition of local bank The approval from FDIC paves the way for a successful acquisition Michigan-based credit union, with more than 108,000 members spread across two states, has recently acquired a local bank after gaining...
Dec 19, 2023 | Economy News
The FDIC Aims to Recover $16.3 Billion with Special Assessment on Banks PNC Expects its FDIC Special Assessment to Top $500M The Federal Deposit Insurance Corporation (FDIC) has recently announced its plans to recover an estimated $16.3 billion through a special...
Dec 18, 2023 | Economy News
Navigating CRE Risk: FDIC’s Guidance for Financial Institutions Commercial real estate (CRE) has always been a significant area of concern for financial institutions. The recent trends in the CRE market, coupled with the impact of the COVID-19 pandemic and...
Dec 18, 2023 | Economy News
SUNSHINE ACT NOTICE | DECEMBER 18, 2023 The Federal Deposit Insurance Corporation (FDIC) has scheduled a Board of Directors meeting on Wednesday, December 20, 2023. The meeting will be held in open session, allowing the public to observe the proceedings. Meeting...
