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Irwin Financial Corporation Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Our first question comes from Ross Demmerle - Hilliard Lyons. Ross Demmerle - Hilliard Lyons It looks like non-interest expense at the bank jumped up quite a bit. Is there anything nonrecurring in there? In the Q it says FDIC insurance premiums...
Center Financial Corporation Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions And our first question comes from the line of Brett Rabatin with FTN Midwest. Go ahead. Brett Rabatin – FTN Midwest Good morning, everyone. Lonny Robinson Good morning, Brett. Brett Rabatin – FTN Midwest First, just a housekeeping issue. I was...
IDC Deposits Corp. Provides Alternative for Exiting Private Insurance Coverage
ATLANTA -- It was recently announced on Bloomberg that Kansas Bankers Surety Co. will no longer sell insurance for bank deposits in excess of the $100,000 FDIC limit. There is an alternative available - IDC's Deposit Network[R] offers investors with large deposits the ability to place funds in multiple...
Company Profile for Institutional Deposits Corp
IDC Deposits provides Investing, Funding, and Fee Income Solutions through innovative money market deposit programs. We offer banks with excess funds an alternative to the fed funds sold option, increasing their yield without sacrificing liquidity. Banks that are in the need for funds can purchase deposits that adjust with their...
IDC Deposits Provides Community Banks with Fully FDIC Insured Money Market Program
ATLANTA -- In today's economic climate, consumers across the nation have become aware of the significant value of the insurance of their bank deposits by the Federal Deposit Insurance Corporation FDIC. The normal limit of insurance by the FDIC is $100,000. However, Institutional Deposits Corp. IDC Deposits created a new...
FDIC Reminds Banks About Deposit Insurance Assessments
The Federal Deposit Insurance Corp. sent a letter to all bank chief executive officers to remind them that on or before June 15 the agency will bill their institutions for deposit insurance for the first quarter of 2007. "If you have not already done so, I would suggest that you...
Safe and sound banking twenty years later: what was proposed and what has been adopted.
In 1986 a task force of banking academies organized and sponsored by the American Bankers Association convened to examine the banking industry and the efficacy of its regulatory system. The group was charged with reviewing the problems of ensuring the safety and soundness of the banking...
Safe and Sound Banking Twenty Years Later: What Was Proposed and What Has Been Adopted
In 1986 a task force of banking academics organized and sponsored by the American Bankers Association convened to examine the banking industry and the efficacy of its regulatory system. The group was charged with reviewing the problems of ensuring the safety and soundness of the banking system and evaluating several...
2006: The past year from the pages of BankNews
January. AN EXTENSION has been requested by the National Credit Union Administration in the lawsuit challenging NCUA's approval of the application by America First Federal Credit Union to expand to every major metropolitan area in Utah. NCUA also voted to rescind its approval of the America First application, issue a...
FDIC insurance fund earns $1.4 billion in first three quarters
The FDIC'S Deposit Insurance Fund earned $1.4 billion in comprehensive income during the first three quarters of 2006, increasing the fund balance to $50 billion as of Sept. 30. This $1.4 billion compares favorably to the $866 million in comprehensive incThe FDIC'S Deposit Insurance Fund earned $1.4 billion in comprehensive...
Adams Bank acquires Colorado Springs-based Colorado Online Morgage
Adams Bank and Trust's parent company, ADBANC Inc., has completed the purchase of the Colorado Springs-based Colorado Online Mortgage. Colorado Online Mortgage was established by Christine Meacham in 1988 under the name of Auer Mortgage. This is the first purchase of this kind for Adams Bank...
The Inevitability of Deposit Insurance
Paying for deposit insurance, which has been out of fashion for 95 percent of banks for nearly two decades, will soon be back atop of banks' pile of bills. The big question is: How will it be priced? The Federal Deposit Insurance Corp. this month is neari Paying for deposit...
FDIC issues two rules for public comment
Two proposed rules governing deposit insurance assessments under the Federal Deposit Insurance Reform Act of 2005 have been approved for public comment by the FDIC board of directors.Two proposed rules governing deposit insurance assessments under the Federal Deposit Insurance Reform Act of 2005 have been approved for public comment by...
Senate confirms FDIC nomination
The U.S. Senate approved Sheila Bair to head the Federal Deposit Insurance Corporation. President Bush nominated the former assistant Treasury secretary for the post in May after Don Powell stepped down late last year. Bair is a professor at the University of Massachusetts and a former member of the FDIC...
FDIC board approves new rates for retirement accounts
Final rules that will raise the deposit insurance coverage on certain retirement accounts at a bank or savings institution to $250,000 from $100,000 have been approved by the FDIC board of directors. The FDIG said the increase, the result of a new law booFinal rules that will raise the deposit...
Deny application
The FDIC is conducting hearings on the application by Wal-Mart to obtain deposit insurance for the industrial loan company it is chartering in Utah. The first hearing was April 10-11 in Arlington, Va., where people such as Wayne Abernathy of the American Bankers Association, Terry Jorde representing the Independent Community...
Federal Deposit Insurance Reform Act of 2005.(front page)(Brief article)
After six years, FDIC reform is finally a reality: the Federal Deposit Insurance Reform Act of 2005 was adopted by Congress as part of the Deficit Reduction Act of 2005 and signed by the President. This legislation will, without a doubt, come to be ...
Colorado Springs Financial Briefs: March 17, 2006
The Federal Deposit Insurance Corp. Board of Directors has approved increasing the deposit insurance coverage on certain retirement accounts at a bank or savings institution from $100,000 to $250,000. The increase, the result of a new law boosting federal deposit insurance coverage for the first time in more than 25...
President's Report
WAL-MART PRESSES AHEAD The retail giant has been knocking at the door for the last five years or so. I would not go so far as to say it is about to knock the door down, but it is getting noticeably more aggressive in pressing its case. The issue is...
BankBlackwell, which hopes to be the first African American-owned Internet bank, received deposit insurance approval from the Federal Deposit Insurance Corp., clearing its last major regulatory hurdle
BankBlackwell, which hopes to be the first African American-owned Internet bank, received deposit insurance approval from the Federal Deposit Insurance Corp., clearing its last major regulatory hurdle. The approval clears the way for the bank's organizers to focus on raising funds through its $17.5 million public offering, says James R....
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Industry Transcripts by Seeking Alpha
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Tyco International Ltd. F4Q08 (Qtr. End 09/30/08) Earnings Call Transcript
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China Fire & Security Group, Inc. Q2 2008 Earnings Call Transcript
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DynCorp International Inc. F1Q09 (Qtr End 06/30/08) Earnings Call Transcript
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Tyco International Ltd. F3Q08 (Qtr. End 06/30/08) Earnings Call
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