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Extensions of Credit to Insiders
Plain English Summary
The FDIC has extended the deadline for public comments on the proposed rule about lending to insiders. This extension moves the deadline from October 5, 2026, to November 4, 2026. This change allows more time for people to review the proposal and share their thoughts. Agents should encourage their clients to participate in the comment process if they have insights or concerns.
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The FDIC is extending the public comment period on the proposed rule "Extensions of Credit to Insiders," which was published in the Federal Register on August 6, 2026. The FDIC is extending the public comment period from October 5, 2026, to November 4, 2026, to provide interested parties with additional time to analyze the proposal and prepare comments.