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Business news

...banks reduced their expenses and lending marked its fastest pace since 2007.The data issued Thurs day by the Federal Deposit Insurance Corp. showed a robust picture as the banking industry continues to recover from the financial crisis that struck...

http://chronicle.augusta.com/news/business/2014-08-28/business-news
Choking businesses

...marijuana shops and abortion providers did not make Operation Choke Point's list of targeted industries.The Federal Deposit Insurance Corp. recently stopped providing its hit list of industries to banks, acknowledging it created "a misperception...

http://chronicle.augusta.com/opinion/editorials/2014-08-10/choking-businesses
Proposed townhome development on Skinner Mill Road opposed by neighbors

...ranged anywhere from $250,000 to $6 million, but Gilmer said he took a big hit financially after the Federal Deposit Insurance Corp. started shutting down banks.Gilmer moved full-time to Thomson in 2008 and has since been involved in...

http://chronicle.augusta.com/news/business/local-business/2014-05-29/proposed-to
US bank earnings decline 7.7 percent in first quarter

...mortgage refinancing and reduced banks' revenue from the mortgage business.The data issued Wednesday by the Federal Deposit Insurance Corp. highlighted the impact of the increase in interest rates that occurred in the spring of 2013.It was only...

http://chronicle.augusta.com/news/business/2014-05-28/us-bank-earnings-decline-7
Regulators push for stronger bank capital

...cushion against unexpected losses ? under a rule that regulators adopted Tuesday.The Federal Reserve, the Federal Deposit Insurance Corp. and the Treasury's Office of the Comptroller of the Currency voted separately to require those banks to...

http://chronicle.augusta.com/news/business/2014-04-08/regulators-push-stronger-b
Business news

...difficulty increasing revenues, and are relying on setting aside less for loan losses to boost earnings.The Federal Deposit Insurance Corp. reported Wednesday that the banking industry earned $40.3 billion in the final quarter of 2013, up from...

http://chronicle.augusta.com/news/business/2014-02-26/business-news
First Community Bank grows with move to Augusta

...whether there were banks to acquire. Savannah River had not been in business long enough, however, for the Federal Deposit Insurance Corp. to consider it eligible to acquire failed banks; the bank started in 2007."Randy has a lot of banking...

http://chronicle.augusta.com/news/business/your-business/2014-02-07/first-commun
Biz Bits

...investigation into what regulators said was misleading marketing of some discontinued card products.The Federal Deposit Insurance Corp. said Tuesday that American Express led consumers to believe that an account protection product would work...

http://chronicle.augusta.com/news/business/2013-12-24/biz-bits
FDIC suit says 16 big banks rigged key rate

WASHINGTON - The Federal Deposit Insurance Corp. has sued 16 big banks that set a key global interest rate, accusing them of fraud and conspiring to keep the rate low to enrich...

http://chronicle.augusta.com/news/business/2014-03-14/fdic-suit-says-16-big-bank
Bank loans to small business on the rise

...outstanding loans to small businesses as of Dec. 31, up 1.4 percent from a year earlier, according to the Federal Deposit Insurance Corp. In January, the dollars loaned to small businesses by banks, independent commercial finance companies...

http://chronicle.augusta.com/news/business/2014-03-06/bank-loans-small-business-