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depository institutions
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8.182 documents for depository institutions
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The Board is amending Regulation D, Reserve Requirements of Depository Institutions, to simplify the administration of reserve requirements. The final rule creates a common two-week maintenance period for all depository institutions, creates a penalty-free band around reserve balance requirements in place of carryover and routine penalty waivers, discontinues as-of adjustments related to deposit report revisions, replaces all other as-of adjustments with direct compensation, and eliminates the contractual clearing balance program. The amendments are designed to reduce the administrative and operational costs associated with reserve requirements for depository institutions, the Board, and Federal Reserve Banks.
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The FDIC is adopting this final rule (``Rule'') requiring an insured depository institution with $50 billion or more in total assets to submit periodically to the FDIC a contingent plan for the resolution of such institution in the event of its failure (``Resolution Plan''). The Rule establishes the requirements for submission and content of a Resolution Plan, as well as procedures for review by the FDIC. The Rule requires a covered insured depository institution (``CIDI'') to submit a Resolution Plan that should enable the FDIC, as receiver, to resolve the institution under Sections 11 and 13 of the Federal Deposit Insurance Act (``FDI Act''), 12 U.S.C. 1821 and 1823, in a manner that ensures that depositors receive access to their insured deposits within one business day of the instit...
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The Federal Reserve System distributes currency to and accepts deposits from Depository Institutions (DIs). In addition, the Federal Reserve maintains the quality level of currency in circulation by inspecting all deposited notes. Notes that meet minimum quality requirements (fit notes) are bundled to be reentered into circulation while old and damaged notes are destroyed (shredded) and replaced by newly printed notes. This article analyzes the interaction between deposit behavior of DIs and the shred decision of the Fed in determining the quality distribution of currency. The ideal data set for purposes would be one with a time series of observations on a large number of currency notes, with observations each month on the quality of every note. The mechanical model of currency quality ...
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- Disclosure Requirements for Depository Institutions Lacking Federal Deposit Insurance (Regulation I)
Title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) transferred rulemaking authority for a number of consumer financial protection laws from seven Federal agencies to the Bureau of Consumer Financial Protection (Bureau) as of July 21, 2011. The Bureau is in the process of republishing the regulations implementing those laws with technical and conforming changes to reflect the transfer of authority and certain other changes made by the Dodd-Frank Act. In light of the transfer of the Federal Trade Commission's (Commission's) rulemaking authority for section 43(b)-(f) of the Federal Deposit Insurance Act (FDIA) to the Bureau, the Bureau is publishing for public comment an interim final rule establishing a new Regulation I (Disclosure Requirements for D...
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... HOLDINGS OF GOVERNMENT SECURITIES BY DEPOSITORY INSTITUTIONS. 450.4 - Custodial holdings of gover...
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The Office of the Comptroller of the Currency (OCC) has determined to carry on the work of the (MDIAC or Committee) formerly administered by the Office of Thrift Supervision, as it is necessary and in the public interest in order for the OCC to preserve the present number of minority depository institutions and encourage the creation of new minority depository institutions. The OCC is seeking nominations of individuals who are officers and/or directors of minority depository institutions, or officers and/or directors of other depository institutions with a commitment to supporting minority depository institutions.
