On February 12, 2019, the FDIC extended the comment period related to the Request for Information (RFI) on the Deposit Insurance Application Process from February 11, 2019, to March 31, 2019. The Financial Institution Letter (FIL-7-2019) announcing this extension can be found here.

An interesting note on this is that the original comment period for this RFI ended on February 11, 2019. Upon reviewing the comments received on the FDIC’s website, it appears that only ten (10) comments have been received as of the date of the writing of this article. Therefore, it appears that the FDIC has extended the comment period in hopes of obtaining more comments on this topic.

Comments on the RFI can be submitted (and read) here.

Adam Witmer

Adam Witmer is a speaker, author, and founder of the Compliance Cohort. Adam has taught hundreds of seminars and training sessions to thousands of bankers throughout the United States and teaches on all areas of regulatory compliance. Adam has written five e-books that he never published, hit a grizzly bear while driving in a National Park, and is an award winning photographer and musician (though he no longer takes photos nor plays any instruments). In his spare time, Adam can be found kayaking on the lake, doing taekwondo with his kids, working on his (project) house, or spending time with his family.

Website

Become a Free Member