Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
McWilliams on Brokered Deposits rule
In her keynote address at the Brookings Institution yesterday, FDIC Chairman Jelena McWilliams spoke on "Brokered Deposits in the FinTech Age." After discussing the history of the general prohibition on brokered deposits at banks with lower capital ratios, which was a reaction to the failures in 1982 of Pacific Coast Bank and Penn Square Bank, McWilliams discussed a revised rule with a new framework for brokered deposits that the FDIC Board is scheduled to vote on today.