Federal Deposit Insurance Corporation December 2012 – Federal Register Recent Federal Regulation Documents

FDIC Advisory Committee on Economic Inclusion (ComE-IN); Notice of Charter Renewal
Document Number: 2012-31003
Type: Notice
Date: 2012-12-26
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Pursuant to the provisions of the Federal Advisory Committee Act (``FACA''), 5 U.S.C. App., and after consultation with the General Services Administration, the Chairman of the Federal Deposit Insurance Corporation has determined that renewal of the FDIC Advisory Committee on Economic Inclusion (``the Committee'') is in the public interest in connection with the performance of duties imposed upon the FDIC by law. The Committee has been a successful undertaking by the FDIC and has provided valuable feedback to the agency on important initiatives focused on expanding access to banking services for underserved populations. The Committee will continue to provide advice and recommendations on initiatives to expand access to banking services for underserved populations. The Committee will continue to review various issues that may include, but not be limited to, basic retail financial services such as check cashing, money orders, remittances, stored value cards, short-term loans, savings accounts, and other services to promote asset accumulation and financial stability. The structure and responsibilities of the Committee are unchanged from when it was originally established in November 2006. The Committee will continue to operate in accordance with the provisions of the Federal Advisory Committee Act.
Update to Notice of Financial Institutions for Which the Federal Deposit Insurance Corporation Has Been Appointed Either Receiver, Liquidator, or Manager
Document Number: 2012-30939
Type: Notice
Date: 2012-12-26
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice is hereby given that the Federal Deposit Insurance Corporation (Corporation) has been appointed the sole receiver for the following financial institutions effective as of the Date Closed as indicated in the listing. This list (as updated from time to time in the Federal Register) may be relied upon as ``of record'' notice that the Corporation has been appointed receiver for purposes of the statement of policy published in the July 2, 1992 issue of the Federal Register (57 FR 29491). For further information concerning the identification of any institutions which have been placed in liquidation, please visit the Corporation Web site at www.fdic.gov/ bank/individual/failed/banklist.html or contact the Manager of Receivership Oversight in the appropriate service center.
Determination of Insufficient Assets To Satisfy Claims Against Financial Institution in Receivership
Document Number: 2012-30837
Type: Notice
Date: 2012-12-26
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The FDIC has determined that insufficient assets exist in the receivership of Darby Bank and Trust Co., Vidalia, Georgia, to make any distribution on general unsecured claims, and therefore such claims will recover nothing and have no value.
Community Reinvestment Act Regulations
Document Number: 2012-30775
Type: Rule
Date: 2012-12-21
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions, Federal Reserve System, Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury
The OCC, the Board, and the FDIC (collectively, the agencies) are amending their Community Reinvestment Act (CRA) regulations to adjust the asset-size thresholds used to define ``small bank'' or ``small savings association'' and ``intermediate small bank'' or ``intermediate small savings association.'' As required by the CRA regulations, the adjustment to the threshold amount is based on the annual percentage change in the Consumer Price Index.
Joint Report: Differences in Accounting and Capital Standards Among the Federal Banking Agencies; Report to Congressional Committees
Document Number: 2012-30608
Type: Notice
Date: 2012-12-19
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions, Federal Reserve System, Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury
The OCC, the Board, and the FDIC (collectively, the agencies) have prepared this report pursuant to section 37(c) of the Federal Deposit Insurance Act. Section 37(c) requires the agencies to jointly submit an annual report to the Committee on Financial Services of the U.S. House of Representatives and to the Committee on Banking, Housing, and Urban Affairs of the U.S. Senate describing differences between the capital and accounting standards used by the agencies. The report must be published in the Federal Register.
Agency Information Collection Activities: Renewal of a Currently Approved Collection; Comment Request; Foreign Banks
Document Number: 2012-30445
Type: Notice
Date: 2012-12-19
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
In accordance with requirements of the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.), the FDIC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The FDIC hereby gives notice that it is seeking comment on renewal of its ``Foreign Banks'' information collection (OMB No. 3064-0114). At the end of the comment period, any comments and recommendations received will be analyzed to determine the extent to which the FDIC should modify the collection prior to submission to OMB for review and approval.
Modifications to Statement of Policy for Section 19 of the Federal Deposit Insurance Act
Document Number: 2012-30351
Type: Notice
Date: 2012-12-18
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The FDIC originally promulgated the Statement of Policy for Section 19 of the Federal Deposit Insurance Act (SOP) in December 1998. The FDIC, in 2007, issued a clarification to the SOP based on the 2006 amendment to Section 19 of the Federal Deposit Insurance Act, which addressed institution-affiliated parties (IAPs) participating in the affairs of Bank Holding Companies, or Savings and Loan Holding Companies. The FDIC, in 2011, clarified the SOP as to: (i) The applicability of section 19 on bank and thrift holding company institution-affiliated parties; (ii) the term ``complete expungement;'' and (iii) the factors for considering de minimis convictions. The FDIC is restating the full SOP, including previous changes, and modifying what the FDIC views as the definition of de minimis offenses.
Agency Information Collection Activities: Proposed Collection Revision; Comment Request; Purchaser Eligibility Certification
Document Number: 2012-30343
Type: Notice
Date: 2012-12-18
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The FDIC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on renewal of an existing information collection, as required by the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35). Currently, the FDIC is soliciting comment on revision of the information collection described below.
Privacy Act of 1974; System of Records
Document Number: 2012-30254
Type: Notice
Date: 2012-12-18
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
In accordance with the requirements of the Privacy Act of 1974, as amended (Privacy Act), the Federal Deposit Insurance Corporation (FDIC) deletes one system of records from its existing inventory of systems of records subject to the Privacy Act.
Designated Reserve Ratio for 2013
Document Number: 2012-30253
Type: Notice
Date: 2012-12-17
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Rules of Practice and Procedure
Document Number: 2012-30251
Type: Rule
Date: 2012-12-17
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The Federal Civil Penalties Inflation Adjustment Act of 1990, as amended, requires all Federal agencies that have statutory authority to impose civil money penalties (CMPs), every four years, to publish, as adjusted for inflation, the maximum authorized amount of those CMPs. The Federal Deposit Insurance Corporation (FDIC) last adjusted the maximum amounts of CMPs under its jurisdiction in 2008. The FDIC is issuing this final rule to publish the adjusted maximum CMPs.
Sunshine Act Meeting
Document Number: 2012-30247
Type: Notice
Date: 2012-12-13
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Sunshine Act Meetings
Document Number: 2012-29840
Type: Notice
Date: 2012-12-10
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Determination of Insufficient Assets To Satisfy Claims Against Financial Institution in Receivership
Document Number: 2012-29615
Type: Notice
Date: 2012-12-07
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The FDIC has determined that insufficient assets exist in the receivership of Darby Bank and Trust Co., Vidalia, Georgia, to make any distribution on general unsecured claims, and therefore such claims will recover nothing and have no value.