Federal Deposit Insurance Corporation (FDIC)

Today, we issued a list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in November 2024. Read more⤵️ https://lnkd.in/eczNA5c5

Ever ask yourself, 'How can I save more?' Saving is all about forming good habits: 💡Start by creating an emergency fund for those unexpected expenses. 💡Automate your savings so it becomes second nature. 💡Most importantly, put your money somewhere safe, like an FDIC-insured bank account that protects to at least $250,000. Visit our FDIC Consumer News website for resources to help you save smarter ⤵️ https://lnkd.in/gpUngNGG

Calling all Salt Lake City locals! We are hosting a free, in-person forum, in collaboration with NeighborWorks Salt Lake and Bank On Salt Lake to support Low-to-Moderate-Income (LMI) households in accessing valuable financial resources. Learn about: ✅Access to free income tax filing services ✅The Earned Income Tax Credit (EITC) ✅Affordable Bank On-certified account options 📆Date: January 29, 2025 ⏰Time: 8:30 AM - 11:30 AM MST 📍Location: NeighborWorks Salt Lake, 622 W 500 N, Salt Lake City, Utah 84119 Find all of the details ➡️ https://lnkd.in/eefuH5PF

Today, we approved a Bank Merger Act (BMA) application by WesBanco Bank, Inc., based in Wheeling, West Virginia, to acquire and merge with Premier Bank, located in Youngstown, Ohio. Read more ⤵️ https://lnkd.in/ejzFXP6a

Today, we announced that FDIC is withdrawing from the Network of Central Banks and Supervisors for Greening the Financial System. https://lnkd.in/ghvBQc8U

Today, the FDIC issued the following statement from Acting Chairman Travis Hill ➡️ https://lnkd.in/evCHuStK.

Today, we celebrate the life and impact of Dr. Martin Luther King Jr. and reflect on his vision of equality, service, and unity. #MLKDay

Chicago-based Pulaski Savings Bank was closed today by Illinois bank regulators, which appointed the FDIC as receiver. To protect depositors, we entered into an agreement with Millenium Bank to assume all deposits of Pulaski Savings. Read more ⤵️ https://lnkd.in/esirDZpb

ICYMI: Mark your calendars! 📆 On January 22, 2025, we invite you to join us for a free national webinar on helping low- and moderate-income households get banked and access tax assistance programs from the Internal Revenue Service. Learn how to promote secure savings strategies, claim unclaimed tax credits, and valuable banking tools. Register here ⤵️ https://lnkd.in/eb6_Ju6Z

Today, Chairman Gruenberg delivered a cautionary message at The Brookings Institution about the lessons past financial crises should teach the banking industry and the agencies that regulate them. https://lnkd.in/eGBxJxni