Click Cover to Read Digital Edition

AVAILABLE IN THE APP STORE
iPAD APP
iPHONE APP

UPCOMING EVENTS

 
 
2014 RDC Summit
Sept. 30 - Oct. 2
Las Vegas
 
PayThink (formerly ATM, Debit & Prepaid Forum)
October 20-22
JW Marriott Desert Ridge
Phoenix
 
Money20/20
November 2-6
Aria
Las Vegas
 
ABA National Agricultural Bankers Conference
November 9-12
Hilton
Omaha, Neb.
More events >  

<- Back

CLOSE

Click here for more information.

Share |

Print Friendly and PDF

ABA Releases Statement on FDICís Depositor Preference Proposal

 

Feb 13 - ďWeíre thankful that the FDIC views todayís vote as the first step in a process that will include an ongoing dialogue with our industry," said Frank Keating, American Bankers Association president and CEO, in a statement on the FDICís Depositor Preference Proposal. "We hope the FDIC will work closely with the banking industry to develop a solution that is operationally efficient and prevents the FDIC from having to extend deposit insurance beyond U.S. borders. Itís critical that we avoid balkanizing our smooth and efficient international banking system by creating disparate rules that make it harder for banks to serve customers that conduct business overseas. More time is needed to develop a system that addresses the FDIC and U.K. banking regulatorsí concerns while posing fewer operational burdens for U.S. financial institutions.Ē


Back