The FDIC board of directors approved a request for information on deposit data that is not currently reported in the call report or other regulatory reports, including for uninsured deposits.
Details: Citing the impact of uninsured deposits on the failures of Silicon Valley Bank and Signature Bank of New York, the request seeks information on:
The characteristics that affect the stability and franchise value of different types of deposits.
Whether additional reporting could enhance monitoring, inform analysis of additional deposit insurance coverage for certain types of deposits, and improve risk sensitivity of deposit insurance pricing.
Deadline: The FDIC encourages comments from all interested parties, including depository institutions, consumer groups, trade associations, and others, within 60 days of publication in the Federal Register.
