Federal Deposit Insurance Corporation October 2015 – Federal Register Recent Federal Regulation Documents

Notice of Termination, 10406, Community Capital Bank, Jonesboro, Georgia
Document Number: 2015-27682
Type: Notice
Date: 2015-10-30
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice of Termination, 10089, Security Bank of North Fulton, Alpharetta, Georgia
Document Number: 2015-27681
Type: Notice
Date: 2015-10-30
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Privacy Act of 1974, as Amended; System of Records
Document Number: 2015-27288
Type: Notice
Date: 2015-10-30
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Pursuant to the provisions of the Privacy Act of 1974, as amended, 5 U.S.C. 552a(e)(4) and OMB Circular A-130, the Federal Deposit Insurance Corporation (``FDIC'') is republishing in full a notice of the existence and character of each FDIC system of records. FDIC is making minor editorial and stylistic revisions to make the notices clearer, more accurate, and up-to-date.
Temporary Liquidity Guarantee Program; Unlimited Deposit Insurance Coverage for Noninterest-Bearing Transaction Accounts
Document Number: 2015-27294
Type: Rule
Date: 2015-10-28
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The FDIC is rescinding and removing its regulations implementing the Temporary Liquidity Guarantee Program (TLGP) and the unlimited deposit insurance coverage for ``noninterest-bearing transaction accounts'' provided by section 343 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and related definitions. Because these programs have expired by their terms, the regulations implementing them are unnecessary and obsolete.
Removal of Transferred OTS Regulations Regarding Safety and Soundness Guidelines and Compliance Procedures; Rules on Safety and Soundness
Document Number: 2015-27293
Type: Rule
Date: 2015-10-28
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The Federal Deposit Insurance Corporation (``FDIC'') is adopting a final rule (``Final Rule'') to rescind and remove from the Code of Federal Regulations 12 CFR part 391, subpart B (``part 391, subpart B''), entitled ``Safety and Soundness Guidelines and Compliance Procedures,'' appendices A and B to part 391, subpart B, and supplement A to appendix B. The Final Rule also amends 12 CFR part 308, subpart R (``part 308, subpart R''), entitled ``Submission and Review of Safety and Soundness Compliance Plans and Issuance of Orders to Correct Safety and Soundness Deficiencies,'' and 12 CFR part 364 (``part 364''), entitled ``Standards for Safety and Soundness'' and its corresponding appendices and supplement. Part 391, subpart B was one of several rules transferred to the FDIC following dissolution of the former Office of Thrift Supervision (``OTS'') in connection with the implementation of applicable provisions of Title III of the Dodd-Frank Wall Street Reform and Consumer Protection Act (``Dodd-Frank Act''). Section 316(b)(3) of the Dodd-Frank Act provided that the former OTS rules that were transferred to the FDIC would be enforceable by or against the FDIC until they were modified, terminated, set aside, or superseded in accordance with applicable law by the FDIC, by any court of competent jurisdiction, or by operation of law. On January 30, 2015, the FDIC published in the Federal Register a notice of proposed rulemaking (``NPR'' or ``Proposed Rule'') that explained and solicited public comment on a proposal to rescind and remove part 391, subpart B and to amend part 364, its appendices, and its supplement and part 308, subpart R by making them applicable to ``State savings associations'' and making minor technical updates to the appendices and supplement to part 364. The FDIC received no comments on the Proposed Rule and consequently is adopting the Final Rule as proposed in the NPR without change.
Removal of Transferred OTS Regulations Regarding Fair Credit Reporting and Amendments; Amendment to the “Creditor” Definition in Identity Theft Red Flags Rule; Removal of FDIC Regulations Regarding Fair Credit Reporting Transferred to the Consumer Financial Protection Bureau
Document Number: 2015-27291
Type: Rule
Date: 2015-10-28
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The Federal Deposit Insurance Corporation (FDIC) is adopting a final rule (Final Rule) to make several amendments to its regulations covering ``Fair Credit Reporting.'' The amendments conform FDIC Fair Credit Reporting regulations to the Dodd-Frank Act by consolidating the regulations for all institutions for which the FDIC is the appropriate Federal banking agency into a single part. The amendments also address the role of the Consumer Financial Protection Bureau in promulgating rules relating to Fair Credit Reporting.
Filing Requirements and Processing Procedures for Changes in Control With Respect to State Nonmember Banks and State Savings Associations
Document Number: 2015-27289
Type: Rule
Date: 2015-10-28
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
On November 25, 2014, the FDIC published a notice of proposed rulemaking (proposed rule or NPR) to amend its filing requirements and processing procedures for notices filed under the Change in Bank Control Act (Notices). The comment period closed January 26, 2015, and no comments were received. The FDIC is now adopting that proposed rule as final with one change (final rule). The final rule accomplishes several objectives. First, the final rule consolidates into one subpart the current requirements and procedures for Notices filed with respect to State nonmember banks and certain parent companies thereof, and the requirements and procedures for Notices filed with respect to State savings associations and certain parent companies thereof. Second, the final rule rescinds the FDIC's separate regulation governing the requirements and procedures for Notices filed with respect to State savings associations and certain parent companies thereof and rescinds any guidance issued by the Office of Thrift Supervision (OTS) relating to changes in control of State savings associations that is inconsistent with the final rule. Third, the final rule adopts the best practices of the related regulations of the Office of the Comptroller of the Currency (OCC) and the Board of Governors of the Federal Reserve System (Board of Governors). Finally, the final rule clarifies the FDIC's requirements and procedures based on its experience interpreting and implementing the existing regulation. This final rule is also part of the FDIC's continuing review of its regulations under the Economic Growth and Regulatory Paperwork Reduction Act of 1996.
Removal of Transferred OTS Regulations Regarding Electronic Operations
Document Number: 2015-27292
Type: Rule
Date: 2015-10-27
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The Federal Deposit Insurance Corporation (``FDIC'') is adopting a final rule to rescind and remove from the Code of Federal Regulations the transferred regulation entitled ``Electronic Operations.'' This regulation was included in the regulations that were transferred to the FDIC from the Office of Thrift Supervision (``OTS'') on July 21, 2011, in connection with the implementation of applicable provisions of title III of the Dodd-Frank Wall Street Reform and Consumer Protection Act (``Dodd-Frank Act''). There is no corresponding FDIC Electronic Operations rule and the rule is deemed obsolete, unnecessary, and burdensome. Therefore, the FDIC has decided to rescind and remove the regulation in its entirety.
Designated Reserve Ratio for 2016
Document Number: 2015-27290
Type: Notice
Date: 2015-10-27
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Sunshine Act Meeting
Document Number: 2015-27295
Type: Notice
Date: 2015-10-26
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice to All Interested Parties of the Termination of the Receivership of 10360, Cortez ommunity Bank Brooksville, Florida
Document Number: 2015-27084
Type: Notice
Date: 2015-10-26
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
FDIC Advisory Committee on Community Banking; Notice of Meeting
Document Number: 2015-26689
Type: Notice
Date: 2015-10-21
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
In accordance with the Federal Advisory Committee Act, notice is hereby given of a meeting of the FDIC Advisory Committee on Community Banking, which will be held in Washington, DC. The Advisory Committee will provide advice and recommendations on a broad range of policy issues that have particular impact on small community banks throughout the United States and the local communities they serve, with a focus on rural areas.
Nondiscrimination on the Basis of Disability Minority and Women Outreach Program Contracting
Document Number: 2015-26391
Type: Rule
Date: 2015-10-16
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The FDIC is updating its regulations, Nondiscrimination on the Basis of Disability, and Minority and Women Outreach Program Contracting, to reflect a name change from the Agency's Office of Diversity and Economic Opportunity (ODEO) to the Office of Minority and Women Inclusion (OMWI).
Agency Information Collection Activities: Submission of Renewals for OMB Review; Comment Request (3064-0090, -0111, -0136, -0138 & -0171)
Document Number: 2015-26237
Type: Notice
Date: 2015-10-15
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 the renewal of existing information collections, as required by the Paperwork Reduction Act of 1995. On July 10, 2015, (80 FR 39777), the FDIC requested comment for 60 days on a proposal to renew the information collections listed below. No comments were received. The FDIC hereby gives notice of its plan to submit to OMB a request to approve the renewal of these information collections, and again invites comment on these renewals.
FDIC Advisory Committee on Economic Inclusion (ComE-IN); Notice of Meeting
Document Number: 2015-26224
Type: Notice
Date: 2015-10-15
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
In accordance with the Federal Advisory Committee Act, notice is hereby given of a meeting of the FDIC Advisory Committee on Economic Inclusion, which will be held in Washington, DC. The Advisory Committee will provide advice and recommendations on initiatives to expand access to banking services by underserved populations.
Notice of Termination; 10404, Piedmont Community Bank, Gray, Georgia
Document Number: 2015-25887
Type: Notice
Date: 2015-10-13
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Update to Notice of Financial Institutions for Which the Federal Deposit Insurance Corporation has Been Appointed Either Receiver, Liquidator, or Manager
Document Number: 2015-25842
Type: Notice
Date: 2015-10-13
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.
Notice of Termination; 10309 Pierce Commercial Bank, Tacoma, WA
Document Number: 2015-25522
Type: Notice
Date: 2015-10-07
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Agency Information Collection Activities: Proposed Information Collection; FDIC Small Business Lending Survey; Comment Request
Document Number: 2015-25507
Type: Notice
Date: 2015-10-07
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The FDIC, as part of its continuing effort to reduce paperwork and respondent burden and as required by the Paperwork Reduction Act of 1995, invites the general public and other Federal agencies to comment on a proposed new collection of information, a Small Business Lending Survey of banks that is proposed to be fielded in May 2016.
Notice of Termination: 10309 Pierce Commercial Bank, Tacoma, WA
Document Number: 2015-25501
Type: Notice
Date: 2015-10-07
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice of Termination; 10304, The First National Bank of Barnesville, Barnesville, GA
Document Number: 2015-25422
Type: Notice
Date: 2015-10-07
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice of Termination; 10323 United Americas Bank, N.A., Atlanta, GA
Document Number: 2015-25420
Type: Notice
Date: 2015-10-07
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice of Termination; 10157 First Security National Bank, Norcross, Georgia
Document Number: 2015-25418
Type: Notice
Date: 2015-10-07
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice of Termination; 10090 Security Bank of North Metro, Woodstock, Georgia
Document Number: 2015-25417
Type: Notice
Date: 2015-10-07
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice of Termination; 10088 Security Bank of Jones County, Gray, Georgia
Document Number: 2015-25416
Type: Notice
Date: 2015-10-07
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice of Termination; 10087 Security Bank of Houston County, Perry, Georgia
Document Number: 2015-25415
Type: Notice
Date: 2015-10-07
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice of Termination; 10113, InBank, Oak Forest, Illinois
Document Number: 2015-25409
Type: Notice
Date: 2015-10-07
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Agency Information Collection Activities: Proposed Information Collection Revision; Comment Request (3064-0189)
Document Number: 2015-25408
Type: Notice
Date: 2015-10-07
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The Federal Deposit Insurance Corporation (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 a revision of a continuing information collection, as required by the Paperwork Reduction Act of 1995. Under the Paperwork Reduction Act, Federal Agencies are required to publish notice in the Federal Register concerning proposed information collection revisions and allow 60 days for public comment in response to the notice. An agency may not conduct or sponsor, and a 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 is soliciting comment concerning its information collection titled, ``Annual Stress Test Reporting Template and Documentation for Covered Banks with Total Consolidated Assets of $10 Billion or More under Dodd-Frank'' (OMB Control No. 3064-0189).
Regulatory Publication and Review Under the Economic Growth and Regulatory Paperwork Reduction Act of 1996
Document Number: 2015-25258
Type: Proposed Rule
Date: 2015-10-05
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, Board, and FDIC (together ``we'' or ``Agencies'') announce the fifth in a series of outreach meetings on the Agencies' interagency process to review their regulations under the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (``EGRPRA'').