Regulators Request Comment on Flood Insurance Information

Regulators have requested public comment on proposed questions and answers regarding private flood insurance, which is intended to help lenders comply with a rule implementing past private flood insurance provisions.

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Fed Issues Rule Supporting Program Implementation

Regulators have announced an interim final rule supporting the Treasury Department’s implementation of a program established by Congress to make capital investments in minority depository institutions and community development financial institutions.

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Fed Clarifies Definitions Guidance

The Federal Reserve has clarified guidance relating to definitions for minority depository institutions, expanded the definition to include women-owned financial institutions, and highlighted resources available to these banks through its Partnership for Progress program.

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