The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Illinois affected by severe storms, straight-line winds, and tornadoes.
The FFIEC on Oct. 7 issued a joint statement concerning Microsoft's discontinuation of support for its Windows XP operating system as of April 8, 2014.
The FDIC is clarifying its policy and supervisory approach related to facilitating payment processing services directly, or indirectly through a third party, for merchant customers engaged in higher-risk activities.
The Federal Deposit Insurance Corp. has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Colorado affected by severe storms, flooding, landslides, and mudslides.
First National Bank, Edinburg, Texas, was closed by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corp. as receiver.
The Federal Deposit Insurance Corp. approved the payout of the insured deposits of The Community's Bank, Bridgeport, Conn.. The bank was closed by the Connecticut Department of Banking, which appointed the FDIC as receiver.
Sunrise Bank of Arizona, Phoenix, was closed by the Arizona Department of Financial Institutions, which appointed the Federal Deposit Insurance Corp. as receiver.
Community South Bank, Parsons, Tenn., was closed by the Tennessee Department of Financial Institutions, which appointed the Federal Deposit Insurance Corp. as receiver.
Bank of Wausau, Wausau, Wis., was closed Aug. 9 by the Wisconsin Department of Financial Institutions, which appointed the Federal Deposit Insurance Corp. as receiver.
First Community Bank of Southwest Florida, Fort Myers, also operating as Community Bank of Cape Coral, was closed Aug. 2 by the Florida Office of Financial Regulation, which appointed the Federal Deposit Insurance Corp. as receiver.
Mountain National Bank, Sevierville, Tenn., was closed by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corp. as receiver.
Banks of Wisconsin, Kenosha, was closed by the Wisconsin Department of Financial Institutions, which appointed the Federal Deposit Insurance Corp. as receiver.
The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Oklahoma affected by severe storms and tornadoes.
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