The Federal Deposit Insurance Corporation (FDIC) announced a proposed rule that would revise brokered deposit regulations promulgated under Section 29 of the Federal Deposit Insurance Act. The ...
On August 9, 2024, the US Federal Deposit Insurance Corporation (FDIC) issued an interpretation of the exclusion of automated teller machines (ATMs) and remote service units (RSUs) from the definition ...
WASHINGTON — Industry experts are raising concerns about a recent Federal Deposit Insurance Corp. proposal that would expand the definition of brokered deposits — sometimes known as "hot money" — and ...