The admission cost for IBC member banks is $200, while non-member banks
attend for $250.
Estimates vary, but in the fall of 1930, fictitious reserves probably accounted for more than half and possibly up to four-fifths of all reserves in non-member banks
. This meant that the banking system as a whole had a limited amount of cash reserves available for emergencies (1).
The Supervision Effect is each of these distance controls interacted with an indicator for a banks' regulating supervisor or co-supervisor: SB for State Banking Agency-supervised state-chartered banks (state charter=1), NB for OCC-supervised national banks (state charter = 0), SMB for Federal Reserve-supervised state-chartered member banks (state charter=1, FRS member=1), and NMB for FDIC-supervised state-chartered non-member banks
(state charter=1, FRS member=0).
The Federal Deposit Insurance Corp (FDIC) has issued a list covering the evaluation ratings of state non-member banks
for compliance with Community Reinvestment Act(CRA)
(Dominick's colleague, Yeager, was part of a research team that recently published a study that concluded that banks that are members of the Federal Home Loan Bank have higher risk profiles than non-member banks
. See Page 22.)
It is also anticipated that non-member banks
will ultimately use the facility to prepare and distribute eye tissue.
They found that the passage of DIDMCA in 1980, which stipulated uniform reserve requirements across member and non-member banks
(among other provisions), elicited a negative share price response for non-member banks
While only members of the relevant clearinghouse are required to suspend banking transactions with a company that dishonors its notes, non-member banks
will also decline to do business, and the company will fail.
FIRREA required a 10 percent haircut for PMSR on the books of OTS-regulated thrifts and required the FDIC to establish a limitation on PMSR for state non-member banks
that the OTS would also have to follow.
The results of a recent study by the University of Arkansas at Fayetteville indicate that banks that are members of the Federal Home Loan Bank have higher risk profiles than non-member banks
Country member banks and non-member banks
were losing deposits to larger banks, thereby increasing the ERR (see Table 2).
The regulatory action in question is the FDIC's proposal to limit to 25 percent of core capital the amount of PMSR included in the regulatory capital of state non-member banks
. The Federal Institutions Reform, Recovery and Enforcement Act (FIRREA) requires that the Office of Thrift Supervision (OTS) pick up this FDIC standard and apply it to the S&Ls and savings banks it regulates.