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Staff Analysis
Bank Economists’ Discussion: Impact of Russo-Ukrainian War on the U.S. Economic Outlook
March 09, 2022
On March 3, economists from major banks across North America met to talk about how the Russia’s invasion of Ukraine will affect the U.S. economy.
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Comment Letter
Simplification of Deposit Insurance Rules
October 04, 2021
The American Bankers Association, Bank Policy Institute, and Mortgage Bankers Association (collectively, the Associations) appreciate this opportunity to comment on the proposal from the Federal Deposit Insurance Corporation (FDIC) to simplify certain deposit insurance regulations. The Associations and our members agree that the proposed amendments to 12 CFR 330.10, 13, and 7(d), for deposit accounts of revocable trusts, irrevocable trusts, and mortgage servicing, respectively, will help simplify these complex rules.
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Comment Letter
Letter to FDIC on Part 370 Compliance Challenges and Requested Relief
September 16, 2021
All covered institutions continue to encounter major challenges in obtaining complete information from deposit owners that fail to respond to inquiries in timely manner or at all. We raise two particular challenges and urge actions the FDIC can take to support compliance with the rule.
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Press Statement
ABA Statement on FDIC's Quarterly Banking Profile
May 26, 2021
Today's FDIC report shows that banks of all sizes continue to serve as a source of strength for economic recovery from the COVID-19 recession.
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Staff Analysis
Interagency Statement on Model Risk Management for Bank Systems
April 16, 2021
ABA summary and guidance on the agencies' request for information on the extent to which the Model Risk Management Guidance supports compliance with BSA/AML requirements.
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Press Statement
ABA Statement on FDIC's Quarterly Banking Profile
February 23, 2021
Today's latest FDIC snapshot on the state of the banking industry as of the fourth quarter of 2020 shows that banks continue to serve as a steadying force for their communities and the broader economy.
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Staff Analysis
Definitions Relevant to “Official Custodian” for Accounts Held by Government Depositors per 12 CFR §330.15
December 28, 2020
ABA guidance on titling of government accounts for FDIC insurance purposes.
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Press Statement
ABA Statement on FDIC's Third Quarter Bank Earnings Report 2020
December 01, 2020
Today's FDIC report shows that banks remain resilient and continue to provide strong support for their customers and communities in the face of ongoing challenges from the COVID-19 pandemic
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Press Statement
ABA Statement on FDIC's Second Quarter Bank Earnings Report
August 25, 2020
The FDIC's latest Quarterly Banking Profile demonstrates the resiliency of America's banks as they continue to help their customers and communities weather the worst economic downtown since the Great Depression.
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Press Statement
ABA Statement on FDIC's First Quarter Bank Earnings Report
June 16, 2020
The latest FDIC quarterly bank earnings report shows that America's banks remain strong and well positioned to continue helping the nation weather the significant economic shock caused by the COVID-19 pandemic.
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Comment Letter
Response to FDIC NPR on Mitigating the Effects of PPP Lending on Assessments
May 27, 2020
ABA and BPI comment on the FDIC's Proposed Rule to Facilitate Bank Participation in PPP, Money Market Facilities.
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Data
Condition of the FDIC Insurance Fund
December 03, 2019
The FDIC Deposit Insurance Fund balance reached a record $121 billion in June 2021. Growth in the fund balance in the first half of 2021 reflected $3.5 billion in assessments paid by banks. No banks failed during this period.
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Comment Letter
ABA’s Response to FDIC’s Proposal Regarding Assessment Credits
November 04, 2019
ABA Response to FDIC's Notice of Proposed Rulemaking to Amend 12 CFR §327.11 and 12 CFR §327.33, RIN 3064–AF16.
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Comment Letter
ABA’s Response to FDIC’s Proposal Regarding Assessment Credits
September 30, 2019
ABA supports use of credits against FDIC assessments while the insurance fund reserve's ratio exceeds 1.35 percent and recommends expedited remittance of residual credits after four quarters.