2013 FDIC Lending 
South State Correspondent
NOVEMBER 9, 2016
Back in June of 2013, the FDIC, OCC, and Federal Reserve jointly approved rules intended to implement new international banking standards. Starting in 2015, all US banks that lend on “high volatility commercial real estate” (HVCRE) are required to hold more capital against such loans.
CFPB Monitor
NOVEMBER 15, 2018
The FDIC’s issuance of the RFI signals that the FDIC intends to follow suit. A glaring regulatory impediment to small-dollar lending by FDIC-supervised institutions is the FDIC’ s November 2013 guidance on deposit advance products , which effectively precludes FDIC-supervised institutions from offering deposit advance products. (In
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Abrigo
NOVEMBER 11, 2019
Bankers since the financial crisis have become accustomed to seeing language like the following: “The FDIC is re-emphasizing the importance of prudent interest rate risk oversight and risk management processes to ensure FDIC-supervised institutions are prepared for a period of rising interest rates.” FDIC FIL-46-2013 October 8, 2013.
PYMNTS
MAY 24, 2018
In 2013, the OCC had discouraged short-term lending by banks with limitations on what could be offered to customers depending on their credit. Regulatory uncertainty forced banks out of this space, leaving families to rely on pawn shops, costly payday lenders or loosely regulated online lending during times of financial stress.
Abrigo
AUGUST 8, 2021
This article is substantially updated from a 2013 blog post. The Federal Reserve, the OCC, the NCUA, and the FDIC repeatedly pointed out that the nature of loan review or credit risk review at a given bank or credit union will vary. Reviewing lending staff’s risk ratings. Identifying Credit Weaknesses. Independent Assessment.
Abrigo
MAY 5, 2022
Breaking Banks Breaking Banks , billed as the #1 global fintech podcast and radio show, began in 2013 and is hosted by media firm Provoke.fm. Sometimes 20 minutes, sometimes 50 minutes, this podcast digs into such topics as creating branch experiences that go hand-in-hand with digital ones, identifying risk, and consumer lending.
PYMNTS
MARCH 5, 2019
Chime said proceeds from the funding will go toward growing the business and launching additional lending and credit products. Chime noted in its press release that it began March with more than three million FDIC bank accounts. The company also plans to double its size to more than 200 employees and expand its leadership team.
Expert insights. Personalized for you.
150 
Let's personalize your content