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FDIC highlights inaccurate reporting of uninsured deposits by IDIs | Orrick, Herrington & Sutcliffe LLP

On July 24, the FDIC released a letter reporting that some insured depository institutions (IDIs) are not accurately reporting their estimated uninsured deposits as per the instructions. ....

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Some banks are undercounting their uninsured deposits, FDIC says

Some banks are undercounting their uninsured deposits, FDIC says
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FDIC Issues Guidance on Reporting Estimated Uninsured Deposits | Troutman Pepper

Yesterday, the Federal Deposit Insurance Corporation (FDIC) issued a letter to financial institutions (FIL-37-2023) regarding the proper way to report estimated uninsured deposits in. ....

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