FDIC

The Federal Deposit Insurance Corporation is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions.

Source: fdic.gov

OCC Head Wants To Loosen Regulatory Rules Placed On Wells Fargo
OCC Head Wants To Loosen Regulatory Rules Placed On Wells Fargo
October 31, 2017  |  Regulation

In banking news, Keith Noreika, the acting U.S. Comptroller of the Currency, is trying to make it easier for Wells Fargo to pay employees when...

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Why The Final Payday Lending Rules Are Far From The Last Word
Why The Final Payday Lending Rules Are Far From The Last Word
October 11, 2017  |  Alternative Finances

Last week, after five years of debates, discussions, arguments and waiting, the Consumer Financial Protection Bureau’s (CFPB) final rules for payday lending dropped. Get the...

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Banking Trade Group Doesn’t Want Square To Be A Bank
Banking Trade Group Doesn’t Want Square To Be A Bank
October 11, 2017  |  Bank Regulation

The Independent Community Bankers of America (ICBA), the trade group for community banks, is calling on the Federal Deposit Insurance Corporation (FDIC) to deny a...

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FDIC Ends Money Laundering Consent Order With Discover Financial Unit
FDIC Ends Money Laundering Consent Order With Discover Financial Unit
September 01, 2017  |  Security & Fraud

The Federal Deposit Insurance Corp. has ended a 2014 consent order with Discover Financial Services” banking unit. Get the Full Story Complete the form to...

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CLEARR And CHOICE On The Hill, But Not On Payments Regs
CLEARR And CHOICE On The Hill, But Not On Payments Regs
August 22, 2017  |  Regulation

Capitol Hill offers the ultimate horse race. Following who’s up, down, in the running, out of the race and which bills might pass … Why...

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Varo Money Applies For Charter To Become A Mobile-Only Regulated Bank
Varo Money Applies For Charter To Become A Mobile-Only Regulated Bank
July 25, 2017  |  Bank Regulation

Varo Money, the digital banking fintech that has investment backing from Warburg Pincus, filed for a national banking charter and deposit insurance, putting the Trump...

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Current State of U.S. Consumer Confidence
Current State of U.S. Consumer Confidence
July 17, 2017  |  Retail

Since the recession of 2008, the retail industry has been in constant flux and has seen a mere two percent expansion over the last eight...

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SoFi Officially Files For A Bank Charter Of Its Own
SoFi Officially Files For A Bank Charter Of Its Own
June 13, 2017  |  Banking

They said they were going to do it — and now it seems they’ve done it. Get the Full Story Complete the form to unlock...

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Amazon’s Cash Play
Amazon’s Cash Play
April 04, 2017  |  Amazon

As of yesterday (April 3), Amazon is open for business for cash-only customers — via 10,000 physical locations where a consumer can deposit cash directly into...

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