2026-07-31 | FIL-45-2026Added · Updated
The proposal amends 12 CFR Part 337 to increase quantitative thresholds for extensions of credit to insiders of FDIC-supervised institutions. Specifically, the limit for extensions of credit to executive officers not otherwise specifically authorized by statute would rise from $100,000 to $400,000, and the aggregate threshold requiring prior board approval for insiders would increase from $500,000 to $2,000,000. The rule also establishes a methodology to periodically update these thresholds based on changes in nominal GDP.
FDIC published 13 documents in the last 30 days — get each new one by email the day it lands.
FEDERAL DEPOSIT INSURANCE CORPORATION
12 CFR Part 337
RIN 3064-AG26
Extensions of Credit to Insiders
AGENCY: Federal Deposit Insurance Corporation.
ACTION: Notice of proposed rulemaking.
SUMMARY: The Federal Deposit Insurance Corporation (FDIC) is proposing to increase quantitative thresholds for certain extensions of credit to insiders of FDICsupervised institutions, as restricted by the Federal Reserve Act and regulations promulgated thereunder. Specifically, the proposal would increase the thresholds for certain (1) extensions of credit to executive officers not otherwise specifically authorized by statute from $100,000 to $400,000; and (2) extensions of credit to insiders requiring prior approval by the board of directors from $500,000 to $2,000,000. The proposal would also establish an indexing methodology to periodically update such thresholds over time. DATES: Comments must be received on or before [INSERT DATE 60 DAYS AFTER DATE OF PUBLICATION IN THE FEDERAL REGISTER]. ADDRESSES: Comments should be directed to the FDIC as follows:
You may submit comments to the FDIC, identified by RIN 3064-AG26, by any of the following methods:
Read the rest free, and get an email when FDIC publishes again
Source: Federal Deposit Insurance Corporation — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
More like this from FDIC
FDIC published 13 documents in the last 30 days. We email you each new one the day it's published.