FDIC Podcast FDIC

When an FDIC-supervised bank fails, and the resulting cost to the Deposit Insurance Fund exceeds $50 million, the agency’s Office of Inspector General is required by law to conduct a ‘material loss review.’ In this episode, we learn what these material loss reviews are and why they’re important to our understanding of the reasons for bank failures and the FDIC’s supervision of banks.

Minority banks play a critical role in serving communities that have historically lacked access to credit and capital. In this episode, we meet two bankers—one from a small minority bank and the other from a large global financial institution. Together, they discuss the power of their partnership to make certain the banking system works for everyone.

Community banks have long gained a reputation for being successful based on their deep roots in the communities they serve. But in an age of digital banking and online payment systems, what does success even look like for community banks in 2024 and beyond?

Nobody wants to think about failure but in the banking world, planning for an orderly failure of a large bank can be crucial in preventing taxpayer-funded bailouts or widespread disruptions to the financial system. In this episode, Ryan Tetrick, the FDIC’s
Deputy Director of Resolution Readiness, discusses “living wills,” a popular term to describe a plan for when a large bank fails.

Following two large bank failures earlier this year, the FDIC began to examine possible options for reforming its deposit insurance framework. In this episode, we examine three options for deposit insurance reform with FDIC senior economists Jonathan Pogach and Rosalind Bennett.

In an age when most people access banking through digital channels, is there a future for old-school relationship lending?  In this episode, we discuss whether the explosion of financial technology spells the end of human-to-human banking.