Joe Adler

It was another light Friday for the Federal Deposit Insurance Corp. Following two weeks with no bank failures, the FDIC was called in to resolve just one collapse Friday evening, that of the $188 million-asset Horizon Bank in Bradenton, Fla. The failure, the 119th this year and the 23rd in Florida, was estimated to cost the FDIC nearly $59 million.

Federal Deposit Insurance Corp. Chairman Sheila Bair said policymakers should do even more to bolster mortgage underwriting.

The Federal Deposit Insurance Corp. will hold six phone seminars starting Sept. 23 for bank officers and employees about deposit insurance coverage.

WASHINGTON — Despite another encouraging quarter for banks, highlighted by relatively high profits and lower loan-loss reserves, Federal Deposit Insurance Corp. officials said uncertainty about the broader economy is keeping lending depressed.

Banks and thrifts had their best performance in almost three years during the second quarter, earning $21.6 billion, a 16% jump from a quarter earlier, the Federal Deposit Insurance Corp. said Tuesday.

While it's clear that tighter rules for securitization are on their way, varying approaches to the issue by different agencies are making bankers and issuers uneasy.

While it's clear that tighter rules for securitization are on their way, varying approaches to the issue by different agencies are making bankers and issuers uneasy.

The deal structure allowed the group that bought ShoreBank's deposits and nearly all its assets to sidestep a politically sensitive subject: open-bank assistance.

Elizabeth Warren trumps regulators past and present in pop-culture status; Tim Geithner sings the I'm-not-a-former-banker blues; A new face at the Small Business Administration.

Community Reinvestment Act data released Thursday supplied more evidence that the credit crisis led to a drop-off in lending.

WASHINGTON — The Federal Reserve Board, the sole bank holding company regulator for decades, is about to experience a pretty new concept: a teammate.

The Federal Deposit Insurance Corp. announced regulatory relief measures Wednesday for banks affected by severe weather in Missouri.

Three investment firms announced on Tuesday a joint venture with the Federal Deposit Insurance Corp. to acquire $1.7 billion in loans and properties from the former AmTrust Bank.

WASHINGTON — Illinois regulators closed the $493 million-asset Palos Bank and Trust Co. late Friday, the 110th failure of the year.

WASHINGTON — Illinois regulators closed the $493 million-asset Palos Bank and Trust Co. late Friday, the 110th failure of the year.

WASHINGTON — The Federal Deposit Insurance Corp. will soon post bi-weekly records of closed-door meetings it holds with bankers and other stakeholders regarding regulatory reform, the agency said Thursday.

The proposal, which would only apply to banks supervised by the agency, said institutions should give customers the chance to opt out of overdraft programs for their checking accounts and any automated clearing house transfers, as well as monitor overdraft usage to avoid unfair consumer fees.

Even as they begin dropping credit ratings as a supervisory source, regulators signaled Tuesday they are worried about abandoning their use altogether, suggesting that potential alternatives are not much of an improvement.

Regulators are poised this week to start moving away from reliance on the tarnished credit rating agencies in the supervisory process, but finding other options likely will be difficult.

Regulators are poised next week to start moving away from reliance on the tarnished credit rating agencies in the supervisory process, but finding other options likely will be difficult.