Home
Forms Library
Unsafe and unsound - FDIC - fdic

Unsafe and unsound - FDIC - fdic 2025

Unsafe and unsound - FDIC - fdic Preview on Page 1

Show details

4.6 out of 5

37 votes

The document is an Amended Notice of Charges issued by the Federal Deposit Insurance Corporation (FDIC) against Republic Bank & Trust Company for engaging in unsafe banking practices and violating various laws, including the Truth in Lending Act and the Equal Credit Opportunity Act. The FDIC outlines findings from a review of the bank's tax refund business, highlighting systemic violations, inadequate training of third-party agents, and failure to manage compliance risks. The notice includes an assessment of civil money penalties totaling $2 million and details a hearing process to address these charges.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The best way to change Unsafe and unsound - FDIC - fdic online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

With DocHub, making adjustments to your paperwork takes only some simple clicks. Make these fast steps to change the PDF Unsafe and unsound - FDIC - fdic online for free:

Register and log in to your account. Log in to the editor using your credentials or click Create free account to evaluate the tool’s capabilities.
Add the Unsafe and unsound - FDIC - fdic for redacting. Click the New Document button above, then drag and drop the sample to the upload area, import it from the cloud, or via a link.
Change your template. Make any adjustments needed: add text and photos to your Unsafe and unsound - FDIC - fdic, highlight important details, remove sections of content and substitute them with new ones, and add icons, checkmarks, and areas for filling out.
Finish redacting the template. Save the modified document on your device, export it to the cloud, print it right from the editor, or share it with all the parties involved.

Our editor is very intuitive and effective. Try it out now!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What are the different FDIC categories?

There are 14 FDIC deposit insurance ownership categories: Single accounts 12 C.F.R. Certain retirement accounts 12 C.F.R. Joint accounts 12 C.F.R. Trust accounts 12 C.F.R. Employee benefit plan accounts 12 C.F.R. Business/Organization accounts 12 C.F.R. Government accounts (public unit accounts) 12 C.F.R.

What are 3 things not insured by FDIC?

The FDIC does not insure: Stock Investments. Bond Investments. Mutual Funds. Crypto Assets. Life Insurance Policies. Annuities. Municipal Securities. Safe Deposit Boxes or their contents.

What are the categories of risk in the FDIC?

2024s FDIC Risk Review: Broader Risk Categorization. The agency summarized risks affecting U.S. banking into five major categories: market risk, credit risk, operational risk, crypto-asset risk, and climate-related financial risk.

What are the types of FDIC enforcement actions?

The FDIC may issue various formal actions pursuant to Section 8 of the FDI Act, including termination of federal deposit insurance; cease-and-desist and consent, and personal cease- and-desist; removal, prohibition, or suspension; restitution; and CMPs.

What is unsafe or unsound banking?

Unsafe or Unsound Practices shall refer to any action or lack of action which is contrary to generally accepted standards of prudent operation, the possible consequences of which, if continued, would result in abnormal risk of loss or damage to a bank, depositors and its shareholders or even the depletion of the

What are the levels of violations for the FDIC?

Generally, examiners consider the collective significance and frequency of all infractions and any mitigating factors. Violations are categorized as Level 3/High Severity, Level 2/Medium Severity, and Level 1/Low Severity.

What is the FDIC protection level?

The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.

Unsafe and unsound - FDIC - fdic 2025

Here's how it works