WASHINGTON - Jonathan L. Fiechter is sounding the alarm.

After keeping a low profile for most of the last two years, the acting director of the Office of Thrift Supervision is warning anyone who will listen that the savings industry's future is threatened by the looming gap between what banks and thrifts will pay for deposit insurance.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.