News & Analysis as of

Equal Access to Credit Federal Deposit Insurance Corporation Banks

Troutman Pepper Locke

Federal Banking Agencies Propose Rescission of 2023 CRA Final Rule and Reinstatement of 1995 CRA Regulations

Troutman Pepper Locke on

On July 16, the Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (collectively, the federal banking agencies) jointly published a proposed rule...more

Ballard Spahr LLP

Percentage of U.S. unbanked households dropped to record low level in 2023

Ballard Spahr LLP on

The percentage of unbanked households in the U.S. fell to its lowest level in 2023—4.2%–, the FDIC recently reported....more

Cadwalader, Wickersham & Taft LLP

FDIC Chair Speaks on Importance of Financial Inclusion and Safety of Deposit Insurance

Federal Deposit Insurance Corporation (“FDIC”) Chair Martin Gruenberg gave remarks to the Cities for Financial Empowerment Fund 2023 Bank On National Conference recently in which he said that the FDIC “shares the Bank On...more

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