This memorandum does not address residential mortgage lending topics; however, it will be of interest to our FDIC-supervised financial institution clients. In the November 20, 2018, issue of the Federal Register (83 FR 58566, click here), the FDIC published a request for information (RFI) seeking comments and information from interested parties on small-dollar lending, including steps that can be taken to encourage FDIC-supervised financial institutions (banks) to offer small-dollar credit products that are responsive to customers’ needs and that are underwritten and structured prudently and responsibly.


The following is a redaction of the above RFI published by the FDIC in the Federal Register. The redacted text contains the essential information needed to submit the FDIC-requested information and comments on small-dollar lending.


Full Memorandum