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 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.
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.
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.