Federal Deposit Insurance Corporation

Commercial banks and savings institutions in the United States saw a drop in net income in 2020, although late year numbers showed dramatic improvement. The Federal Deposit Insurance Corporation (FDIC) released its Quarterly Banking Profile for the fourth quarter of…

Four Arkansas banks have been scheduled for a Community Reinvestment Act (CRA) examination during the first half of 2021. Two banks are slated to be examined in the first quarter with two scheduled for the second quarter. The Federal Deposit…

One Arkansas bank has been examined by the Federal Deposit Insurance Corporation (FDIC) to ensure compliance with the Community Reinvestment Act (CRA). The FDIC recently evaluated First Arkansas Bank and Trust in Jacksonville for compliance, giving the financial institution an…

Approximately 95 percent of U.S. households had bank accounts in 2019, based on a new survey from the Federal Deposit Insurance Corporation (FDIC). For this survey, FDIC partnered with the U.S. Census Bureau to collect responses on banking from approximately…

Fidelity Information Services (FIS) has been selected to participate in a financial technology competition overseen by the Federal Deposit Insurance Corporation (FDIC). The Jacksonville, Fla.-headquartered organization is one of 14 technology companies chosen for the Rapid Prototyping Competition. In this…