Search Results for citation:"86 FR 6879"

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Search Results: citation:"86 FR 6879"

  • Type:Notice
    Citation:86 FR 6879
    Reading Time:about a minute or two

    The Farm Credit System Insurance Corporation (FCSIC) has announced a regular virtual meeting of its Board of Directors scheduled for January 28, 2021, due to the COVID-19 pandemic. The meeting will include approval of previous meeting minutes, a review of insurance premium rates, and policy statements on various issues. Parts of the meeting will be open to the public, while others will be closed, including discussions on contracts and an annual whistleblower report. Interested individuals can find more details and instructions for attending on the FCSIC website.

    Simple Explanation

    The Farm Credit System Insurance Corporation is having a video meeting on January 28, 2021, where some parts will be like show-and-tell for everyone, and others will be like a secret club. Some people want to know more about what they'll talk about, like money plans and why some parts are kept secret, but they need to check the website to find out how to join the meeting.

  • Type:Notice
    Citation:86 FR 6879
    Reading Time:less than a minute

    The Federal Deposit Insurance Corporation (FDIC) is planning to end the receivership for a certain institution, which means it will no longer oversee its liquidation process. The FDIC has completed the sale of the institution's assets and will distribute the final payments to creditors using the remaining funds. Affected parties have 30 days from the notice date to submit written comments about the termination. This decision is made under the authority provided by U.S. law and aims to conclude the receivership now that it no longer serves a useful purpose.

    Simple Explanation

    The FDIC is like a cleanup crew that helps with banks that can't handle their money anymore. They fixed up all the remaining bits and plan to stop being in charge because there's nothing left to clean up. People who care have 30 days to share their thoughts before this ends.