FDIC Issues Warning to Banks Regarding Uninsured Deposits Reporting Errors

In recent months, 55 banks revised the deposit data disclosed in a regulatory filing known as a call report, according to an analysis by S&P Global Market Intelligence. In some cases, the banks no longer included certain uninsured deposits that were collateralized by pledged assets as well as those held by bank subsidiaries, the FDIC found.

Read More : FDIC Issues Warning to Banks Regarding Uninsured Deposits Reporting Errors