WHAT IS A SECTION 19 FDIC WAIVER?

Simply put, a way to get your life back.

FDIC waiver

Obtain a Section 19 FDIC Waiver


If you have a criminal record for a crime of dishonesty, breach of trust, or money laundering, you will likely need to obtain clearance from the Federal Deposit Insurance Corporation (FDIC) – even if your case has been expunged under state law.

Under Section 19 of the Federal Deposit Insurance Act (12 U.S Code § 1829), all FDIC-insured institutions and their affiliates (i.e., banks, credit unions, etc) have a duty to make a reasonable examination of every applicant’s criminal history in order to avoid hiring someone who has an offense of dishonesty, breach of trust, or money laundering.

If an employment applicant has one of these offenses, they cannot work at a bank or other FDIC insured institution without the written consent of the FDIC.

An applicant may obtain the FDIC’s written consent by applying for a Section 19 FDIC Waiver. The applicant has the burden of proving that they are still fit to work at an insured institution, do not pose a risk to its safety, or impair the public’s confidence in it.

Obtaining an individual Section 19 FDIC Waiver can provide you with immense relief, confidence, and security in moving forward in your desired career in banking because it provides the requisite amnesty and approval from the FDIC. This is the case whether you are an experienced professional in the financial and banking industry, or a graduate student in a financial program who is worried that a past mistake can hinder you from beginning your career.

Lifeback Legal is a division of the law firm of Shea M. Randall. We are experienced FDIC Waiver attorneys who can get a Section 19 FDIC Waiver application completed. We also expedite your application.

Sign up online today or contact our office now to speak with an experienced FDIC Waiver attorney.

Get your life back
with Lifeback Legal.



Sign up online today and begin your Individual Section 19 FDIC Waiver for as low as $250

    Experienced FDIC Waiver Attorneys.

    • Case handled by an FDIC waiver lawyer licensed in California.
    • Expedited filing on all waiver applications
    • Affordable, flat fees including attorney fees.
    • Interest-free payment plans.
    • 14-day price matching guarantee.
    California Criminal Record Expungements

    Need assistance?
    Call (888) 751-5329 for a free consultation.

     

    HOW DO I KNOW IF I QUALIFY FOR A SECTION 19 FDIC WAIVER?

    Sign up online today or contact our office now to speak with an experienced FDIC Waiver attorney.


    An applicant must file for a waiver when there is a conviction or when a person has entered into a pretrial diversion, or similar program for a crime of dishonesty, breach of trust, or money laundering.

    There must be a conviction. Arrests, pending cases not brought to trial, acquittals, or any conviction that has been reversed on appeal are not considered convictions.

    If you participated in a per-trial diversion program, a waiver is still required. A pre-trial diversion program is one that suspends or dismisses the criminal charges when the accused agrees to a non-criminal or non-punitive alternative. Whether a program is considered a pretrial diversion, is determined by relevant federal, state, or local law. The FDIC will consider each on a case-by-case basis.

    Finally, the crime must be one of dishonesty, breach of trust, or money laundering:


    Obtain clearance from the FDIC


    Have Confidence Obtaining a job in the financial sector.

    • Dishonesty’: acts involving lack of integrity, or acts that show a disposition to distort, cheat, or act deceitfully, or fraudulently (e.g., using a fake ID)
    • Breach of trust’: a wrongful act, use, misappropriation, or omission with respect to any property or fund that has been committed to a person in a fiduciary or official capacity, or the misuse of one’s official or fiduciary position to engage in a wrongful act, use, misappropriation, or omission.
    • Money laundering’: this includes trafficking, selling, manufacturing, distributing, or transporting controlled substances or drugs. Simple drug possession is not include.

    SOME DISMISSED OR EXPUNGED CASES STILL REQUIRE AN FDIC WAIVER


    If your offense falls in one of the above categories, the FDIC still requires an individual FDIC waiver if you completed a pre-trial diversion program, paid a fine, or completed any other deferred adjudication. This includes any “expunged” cases. For purposes of the FDIC, you case is not expunged unless it is a ‘complete expungement,’ A ‘complete expungement’ means, no one, (including law enforcement), can be allowed to access the record, even by court order.

    We can pull the records for your case and advise you on whether or not you need a waiver for your dismissed case.


    UNDERSTANDING THE DE MINIMIS WAIVER


    Finally, please note that the FDIC does not require an FDIC waiver for every offense which is covered under its rules. If your case falls under the de minimis category, then you are automatically granted a waiver and an application is not required. The requirements for de minimis classification are:

    1. You may only have one covered offense
    2. The offense was punishable by 1 year or less and $2,500 or less
    3. No more than 3 days of jail time can be served regardless of what was sentenced
    4. The offense must be at least 5 years old
    5. The offense did not involve an insured bank or credit union (unless it is a “bad” or “insufficient funds” check case for $1,000 or less and the check did not have a bank or credit union as the payee)

    To determine the potential punishment, you will need to consult an attorney who can pull the code for the specific year in which your offense was committed.


    WE ARE EXPERIENCED FDIC WAIVER ATTORNEYS WHO EXPEDITE YOUR APPLICATION


    We issue a partial money-back guarantee if your case is denied in the FDIC’s regional office. Furthermore, we expedite all aspects of your case to give you the best chance to obtain your waiver quickly, although we cannot provide time-frame guarantees because FDIC waivers are considered on an unpredictable basis.

    The FDIC Section 19 Waiver application process is complex and treated very seriously regardless of the offense type. For example, a somewhat minor theft offense could be the reason for your waiver denial. Also, remember that the burden is on the applicant to show that the application should be approved. This means that you want an experienced FDIC Waiver attorney.

    As experienced FDIC Waiver attorneys, we have seen it all before and we are experienced at presenting your case in the way that the FDIC wants. We also know what evidence needs to be gathered to support you case. We are also aware of the record that a waiver application creates and we ensure that we do not cause undue prejudice to you in the future if it can be avoided.

    Sign up online today or contact our office now to speak with a Section 19 FDIC Waiver attorney.

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    *By clicking ‘submit’ you understand that this does not create an Attorney-Client relationship. While we do our best to respond to you quickly, we are under no obligation to take your case or provide any sort of response. We do not sell or share your information. Providing your basic information simply gives our law firm the opportunity to follow-up and engage in a conversation to best assist you.

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    HOW DO I GET STARTED?


    Once you hire us, Lifeback Legal handles everything for you.


    FDIC waiver

    Shea M. Randall

    Founding Attorney

    The entire FDIC Section 19 Waiver process typically takes several months or more, depending on the case load involved at the FDIC. Once submitted, an FDIC regional representative begins to review your case and then submits it to an FDIC prosecutor at the national office with their recommendation to either grant or deny your request for an individual Section 19 FDIC Waiver.

    Throughout this process there are often on-going conversations between the FDIC representatives and your attorney. The length of the Section 19 FDIC Waiver process and the nature of the inquiries often depends on how soon the application is submitted and on the quality of your initial Section 19 FDIC Waiver Application. This is why we expedite your submission and why it is absolutely crucial to have an attorney who is experienced in handling individual Section 19 FDIC Waivers.

    Lifeback Legal is a division of the Law Firm of Shea M. Randall, a trusted California Law Firm. We specialize in helping individuals get their life back with California criminal record expungements and federal licensing services. Since the FDIC Section 19 Waiver application process can be long and challenging, you do not want to feel like a number. This is why when you contact our office you will be in direct contact with our founding attorney, Mr. Shea M. Randall. Mr. Randall provides outstanding one-on-one communication with clients to ensure all of your legal needs are met and will be in close contact throughout the entire FDIC Section 19 application Waiver process.

    Sign up online today for a case analysis or contact our office at (888) 751-5329 to speak with a Section 19 FDIC Waiver lawyer today.


    FDIC Waiver
    $4,000
    Payment Options Available.
    Flat Fee. Includes all attorney fees. Nothing hidden.
    Sign up for Case Analysis

    INCLUDES THE FOLLOWING:

    • Case handled 100% by an experienced FDIC Waiver attorney
    • $1,500 Money Back Guarantee*
    • Start for as low as $750 down
    • Interest Free Payment Plans
    • Student Discount Available
    • Expedited Submission to the FDIC
    • Allows for Bank Employment
    • Fixed, Flat Fee
    • Outstanding Customer Service


    * Money back guarantee only applies to cases more than 10 years old and in which you only have 1 covered offense.

    ** This service counts as a credit to the full FDIC Waiver under Section 19. Please note that we only pull up to $50 of court records. Anything additional will be billed to you directly.

    Get your life back
    with Lifeback Legal.



    Sign up online today and begin your Individual Section 19 FDIC Waiver for as low as $250

      Experienced FDIC Waiver Attorneys.

      • Case handled by an FDIC waiver lawyer licensed in California.
      • Expedited filing on all waiver applications
      • Affordable, flat fees including attorney fees.
      • Interest-free payment plans.
      • 14-day price matching guarantee.
      California Criminal Record Expungements

      Need assistance?
      Call (888) 751-5329 for a free consultation.