The Federal Deposit Insurance Corp. has announced the retirement of Mitchell L. Glassman, who has served as the FDIC's director of the Division of Resolutions and Receiverships since January 2000. Glassman will conclude his more than 35-year career with the FDIC on Dec. 3.
The Federal Deposit Insurance Corp. has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in the Commonwealth of Puerto Rico affected by Tropical Storm Otto.
The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Nebraska affected by severe storms, flooding, tornadoes and straight-line winds.
National Credit Union Administration (NCUA) Board Member Gigi Hyland today told the American Institute of Certified Public Accountants "Conference on Credit Unions" that NCUA is working to assist the credit union industry in weathering its "most significant financial and structural challenge" presented by a "perfect...
The Federal Deposit Insurance Corporation (FDIC) approved the payout of the insured deposits of First Arizona Savings, A FSB, Scottsdale, Arizona. The bank was closed today by the Office of Thrift Supervision, which appointed the FDIC as receiver.
The First National Bank of Barnesville, Barnesville, Ga., was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.