The FDIC is amending the agency's Guidelines for Appeals of Material Supervisory Determinations (Guidelines) ...The Office will serve as the final level of review of material supervisory determinations made by the FDIC.
FDIC staff found that Ford CreditBank satisfied the statutory factors for approval, subject to certain conditions and written agreements ... FDIC staff found that GM Financial Bank satisfied the ...
The final rule addresses implementation issues and sources of potential confusion raised since the FDIC's adoption of signage requirements for digital deposit-taking channels and ATMs in 2023.
See the cars taking 2026 NACTOY crowns named at the Detroit Auto Show...The conditional approvals, which require the companies to stand up lending arms within 12 months, were granted because the firms met the legal requirements, the FDIC said.
"The FDIC has a statutory duty to reject applications that pose undue risk, and the ILC model is not the innovation proponents claim - it's a relic of a loophole dating to the 1980s that blurs the line between banking and commerce.
both Ford Credit and GM Financial will now have access to low-cost, FDIC-insured deposits to fund their lending operations ... the FDIC regarding its community reinvestment plans and capital requirements.
The reserve ratio as of September 30, 2025, was 1.40 percent; as noted in the second quarter Chief Financial Officer (CFO) report, the FDIC is no longer operating under a restoration plan ... FDIC Operating Budget ... Total FDIC Operating Budget 1.