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ICBA

Agencies publish resolution plan feedback letters

5/27/26

The FDIC and Federal Reserve published feedback letters for several resolution plans submitted in July 2025.

Background: Resolution plans, also known as living wills, must describe a banking organization’s strategy for orderly resolution in the event of material financial distress or failure.

Details: The agencies conducted a joint review of the 2025 resolution plan submissions from the eight largest and most complex domestic banking organizations as well as from 56 foreign banking organizations.