FDIC It’s Time to Update the Definition of Brokered Deposits

July 13th, 2016|Uncategorized|

  The NAIB is urging the FDIC review the exclusion of all fully-insured brokered deposits from the definition of the term “core deposit” used in the Uniform Bank Performance Report (“UBPR”). The exclusion of brokered deposits from the definition of core deposits lacks foundation and can be easily remedied by the FDIC. As the definition [...]