Uninsured bank on track for Fed master account approval : co

Numisma Bank, a de novo bank backed by former Federal Reserve Vice Chair Randal Quarles, is the first bank without deposit insurance to be granted conditional approval under the Fed's new master account application framework.

Related Keywords

Connecticut , United States , Puerto Rico , New York , Colorado , Wyoming , Randal Quarles , Matthew Hurlock , Vivek Tyagi , Jorgel Perez , Esther George , Deposit Insurance Corp , Federal Reserve Bank , Klaros Group , National Credit Union Administration , Numisma Bank Federal , Randal Quarles Numisma Bank , Numisma Bank , Narrow Bank , Goldman Sachs , Federal Reserve , Connecticut Department Of Banking , Cynosure Group , Custodia Bank , Federal Reserve Randal Quarles , New York Fed , Fed Vice Chair , Supervision Randal Quarles , Kansas City , Reserve Trust , Sarah Bloom Raskin , Kansas City Fed President Esther , Federal Reserve Board , Federal Deposit Insurance , Currency Reserve , Connecticut Banking Commissioner Jorge , Connecticut Department ,