Federal Deposit Insurance Corporation

Working poor didn't cause crash

2013-05-03 12:45:00

I must take issue with letter writer Stanley Glinka's assertion that it was "the policy of forcing banks to give loans to people who could not afford them" that led to our current financial mess ("Stop blaming Bush," May 1). First of all, we need to...

Harbor Bankshares out from under regulatory enforcement orders

2013-05-02 13:18:00

The Federal Reserve Board announced Thursday that it terminated an enforcement action against Baltimore-based Harbor Bankshares Corp. The Federal Reserve Bank of Richmond issued the action in July 2010, reaching an agreement with the holding company...

Anne Arundel County Digest

2013-04-18 12:18:29

Kite festival The Friends of Broadneck Park will host their second annual kite festival and community picnic from noon to 4 p.m. Sunday, April 21, on the A Field at Broadneck Park on College Parkway in Annapolis. The event includes kite-flying...

1st Mariner no longer operating under FDIC fair lending cease and desist order

2013-04-15 13:10:50

The Federal Deposit Insurance Corp. has lifted a cease and desist order that 1st Mariner Bank has operated under since April 2009, the bank announced Monday. The order required 1st Mariner to strengthen its fair lending practices because the FDIC...

Former Hebron Savings Bank employee sentenced for embezzlement

2013-03-16 11:33:26

A former vice president of Hebron Savings Bank in Wicomico County was sentenced to 18 months in prison for embezzlement and ordered to pay $456,665 in restitution, federal prosecutors said Thursday. Wanda Henderson, 56, of Westover had used her...

Story of Laurel's first bank robbery has interesting conclusion [Commentary]

2013-02-07 10:23:00

I read with great interest your article Jan. 31 about Laurel's first bank robbery by John Morgan. Sadly, this was not our last bank robbery and just as sadly, not the last 19-year-old to go to prison from our county. A quick review by the state archivist,...

Ranking agencies by job satisfaction

2012-11-24 10:59:27

Travelers gripe about having to remove shoes while going through airport security or undergoing full-body pat-downs. But imagine being the Transportation Security Administration screener who has to deal with thousands of grumpy passengers daily or must...

No, the FDIC doesn't want to talk to you

2012-09-18 04:00:00

The Federal Deposit Insurance Corp., which� insures bank deposits, warns that there are two fake emails claiming to be from the agency. One includes statements about the Bankruptcy Reform Act of 1978, and the Investor Protection Law of the Securities Act...

CFPB takes first step toward regulating prepaid cards

2012-05-23 04:00:00

Prepaid debit cards have been called the Wild West because of their rapid growth, uncontrollable fees and little regulation. That soon may change — or at least the regulation part. The Consumer Financial Protection Bureau is taking its first�...

State regulators take over two Maryland banks

2012-04-27 16:33:00

State banking regulators closed two Maryland banks Friday, the first two bank failures in the state since 2010. The Maryland Commissioner of Financial Regulation shut down the Bank of the Eastern Shore in Cambridge and appointed the Federal Deposit...

The Interview: Robert G. Wilmers

2011-06-10 16:19:00

Robert G. Wilmers, M&T Bank Corp.'s chairman and chief executive officer, has been leading the Buffalo, N.Y., bank's shopping spree in Maryland. After gaining a foothold in the state with the purchase of Allfirst Financial Inc. in 2003 (the same year...

Keep limits on credit union business loans

2012-04-28 09:30:00

The op-ed by State Employees Credit Union CEO Rod Staatz ("Let credit unions do their job," April 25) compels me to respond on behalf of the Maryland banking industry. In his commentary, Mr. Staatz, who runs Maryland's largest credit union, argues that...

Benjamin P. Shapiro has been named practice group manager of the banking and financial services group at the Roetzel law firm. He is based in the firm's Chicago office. Shapiro focuses his practice on banking and finance, and business and commercial litigation.

2013-04-15 08:52:00

Outside the Federal Deposit Insurance Corp. (FDIC) headquarters in Washington, D.C., in October.

2012-12-04 08:21:53

FDIC economist Martha Solt is president of a union local representing workers at the banking regulator's headquarters in Washington.

2012-11-14 00:00:00