Search results
Results From The WOW.Com Content Network
At the lower extreme, a critically undercapitalized Federal Deposit Insurance Corporation (FDIC)-regulated institution (i.e., one with a ratio of total capital / assets below 2%) is required to be taken into receivership by the FDIC in order to minimize long-term losses to the FDIC. [1]
The HMDA requires "most lenders to identify the race, sex, and income of loan applicants and borrowers", [3] so the FFIEC is able to deduce things like "the number of mortgages issued to black and Hispanic borrowers rose sharply", as it did in 1993. [5] In 2006, the State Liaison Committee was added to the Council as a voting member. [6]
The largest FDIC payout for that year was for the failure of Florida-based BankUnited FSB, which cost the fund $5.6 billion out of $17 billion at the start of the year. [61] Rather than borrowing from the FFB or the Treasury, the FDIC demanded three years of advance premiums from its member institutions and operated the fund with a negative net ...
The Federal Deposit Insurance Reform Act of 2005 (Title II, subtitle B of Pub. L. 109–171 (text), 110 Stat. 9, enacted February 8, 2006, with a companion statute, Federal Deposit Insurance Reform Conforming Amendments Act of 2005, Pub. L. 109–173 (text), 119 Stat. 3601, enacted February 15, 2006), was an act of the United States Congress on banking regulation.
The Federal Deposit Insurance Act of 1950, Pub. L. 81–797, 64 Stat. 873, enacted September 21, 1950 by the 81st United States Congress and signed into law by Harry S. Truman is a statute that governs the Federal Deposit Insurance Corporation (FDIC).
Provisions of Decree-Law Article 166 says "According to article 12 of Decree-Law No. 211 – A/2008, of 3 November 2008, until 31 December 2011, the limit shall be increased from € 25,000 to € 100,000". Article 2 of the Decree-Law No. 119/2011 set the limit of €100,000 as permanent [34] Romania: EUR 100,000: 100%: 1996: FGDB
The dispute arose between bankruptcy trustee Simon Rodriguez and the FDIC over who would receive the $4 million refund issued by the IRS. [1] [5] In 2015, the IRS paid the income tax return filed by United Western Bancorp in 2011 to the bankruptcy court, handing the court the mandate to figure out to whom the refund is due. [5]
UMassFive College Federal Credit Union is an American credit union that operates as a non-profit financial co-operative headquartered in Hadley, Massachusetts.The credit union provides personal and business banking products and services to communities in Western Massachusetts and at the UMass Chan Medical School in Worcester.