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“Now she’s in the logo, on the vans – she’s everywhere ... First Fed is a Member FDIC and Equal Housing Lender. The news and editorial staff of Sound Publishing, Inc. had no role ...
When Matt Moore launched Moore Construction in 2021, it started with two people in a garage and a big vision: to build a company grounded in integrity, transparency and genuine care for customers.
"The FDIC plans to reduce staffing by approximately 1,250 positions across most divisions and offices," the email told employees. "Some of these abolished positions include those eliminated through ...
Still, some experts warn that favoring whole-bank sales could drive up resolution costs and undermine the FDIC's legal mandate to pursue the least costly option. Previously, the agency required banks ...
Two joint statements from 2023 on liquidity and other risks regarding banks’ crypto-related activities were pulled on Thursday, the FDIC said. The move aims to clarify that banking organizations ...
The FDIC currently relies primarily on Dodd-Frank Act “living wills” that those banks are required to have to demonstrate how they would be dissolved. Those steps often require the use of what ...
On April 15, the FDIC announced updated guidance on sending official correspondence related to supervisory matters. The FDIC’s guidance made permanent those temporary, previous measures for ...
On April 18, the FDIC announced a consent order against a Delaware-based bank alleging that the bank engaged in unsafe and unsound banking practices and violated various federal consumer ...
The Federal Reserve has joined its fellow U.S. banking regulators in deleting its crypto guidance of previous years, including notices that banks should get pre-approvals before they get involved ...
“We are pleased to have received FDIC approval to combine two highly complementary, client focused banks,” said Frank Sorrentino III, chairman and CEO, ConnectOne. “By leveraging ConnectOne ...