FDIC releases public sections of large bank informational filings

Martin J. Gruenberg, Board of directors chairman at FDIC - Federal Deposit Insurance Corporation (FDIC)
Martin J. Gruenberg, Board of directors chairman at FDIC - Federal Deposit Insurance Corporation (FDIC)
0Comments

The Federal Deposit Insurance Corporation (FDIC) has made public the sections of informational filings submitted by six large insured depository institutions. These filings are required from banks with assets between $50 billion and $100 billion, as part of regulations designed to support the FDIC’s ability to manage potential bank failures or significant financial distress.

According to the FDIC, these submissions must be provided every three years under the Federal Deposit Insurance Act. The most recent round of submissions was due by October 1, 2025. The public can access these documents on the FDIC’s website.

“The FDIC’s regulations require covered IDIs with total assets of at least $50 billion but less than $100 billion submit informational filings every three years. These filings support the FDIC’s resolution readiness under the Federal Deposit Insurance Act in the event of material financial distress or failure of a covered IDI. These informational filing submissions were due by October 1, 2025,” stated the agency.

This process is intended to ensure that regulators have current information necessary for planning in case a large bank encounters serious difficulties.



Related

Susan M. Collins, President & Chief Executive Officer - Federal Reserve Bank of Boston

Beige Book reports slight economic growth as gas prices impact household budgets

The Federal Reserve Bank of Boston’s latest Beige Book reports slight economic growth amid persistent cost pressures from high gas prices and global uncertainty. Consumer spending edged up while employment remained flat, with mixed outlooks across sectors.

Todd M. Harper, NCUA Chairman - National Credit Union Administration (NCUA)

Beverly Hills City Employees Federal Credit Union merges into Nuvision Federal Credit Union

The National Credit Union Administration announced that Beverly Hills City Employees Federal Credit Union has merged into Nuvision Federal Credit Union effective June 1. Member services will continue without interruption and deposits remain protected under federal insurance.

Arvind Krishna, President and Chief Executive Officer at IBM Corporation - IBM Corporation

IBM announces $10 billion investment in quantum computing over five years

IBM plans to invest over $10 billion into advancing its global leadership position in quantum computing through research development initiatives aimed at building large-scale fault-tolerant systems by 2029. The announcement highlights ongoing collaborations across industries worldwide.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Monetary Brief.