FDIC Podcast FDIC

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.

Banking in rural America can be a very different experience than banking in cities and suburbs. In this episode, we speak with Donna Gambrell who leads Appalachian Community Capital and Kent Curtis of First Southwest Community Bank in rural Colorado. Together, they describe the unique banking needs for those who live and work in less populated areas across our country.

In the second in our two-part podcast series, FDIC’s Chief of Deposit Insurance Martin Becker returns to discuss the risks consumers need to keep in mind when it comes to deposit insurance—from companies that misrepresent their products as ‘FDIC-insured’ to legitimate firms offering pass-through deposit insurance coverage.