PORTFOLIO ā—ˇFOCUS COMPLIANCE Seeking clarity on FDIC insurance Though the FDIC is well-known for protecting consumer deposits, misleading information about it exists in the banking world that could have serious effects. Now, the Consumer Financial Protection Bureau is taking a stand with updated FDIC guidelines for all financial institutions. By Mary Thorson Wright rust and confidence are central to the relationship between a community bank and its customers. One cornerstone of the trust relationship is Federal Deposit Insurance Corporation (FDIC) deposit insurance, which enables consumers to confidently place their money at FDIC-insured institutions across the country. It also promotes confidence in the banking system as a whole. T Errors, omissions or misleading