The Federal Financial Institutions Examination Council (FFIEC) today announced the issuance of an updated Uniform Interagency Consumer Compliance Rating System. The revisions reflect the regulatory, examination, technological, and market changes that have occurred since the release of the original rating system. The FFIEC member agencies plan to implement the updated rating system on consumer compliance examinations to begin on or after March 31, 2017.

Joint Release

Board of Governors of the Federal Reserve System
Office of the Comptroller of the Currency
Federal Deposit Insurance Corporation

Continuing their efforts to reduce data reporting and other burdens for small financial institutions, the federal banking agencies, as members of the Federal Financial Institutions Examination Council (FFIEC), are publishing a Federal Register Notice (FRN) finalizing the reporting requirements for a new and streamlined “Call Report” for small financial institutions. 

Joint Release

Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
National Credit Union Administration
Office of the Comptroller of the Currency

WASHINGTON—Continuing their efforts to reduce regulatory burdens while ensuring the safety and soundness of the nation’s financial institutions, member agencies of the Federal Financial Institutions Examination Council (FFIEC) today issued a joint report to Congress detailing their review of rules affecting financial institutions.

The Federal Financial Institutions Examination Council (FFIEC) announced today the reappointments of Greg Gonzales, Mary Hughes, and Caroline Jones to the Council's State Liaison Committee (SLC).

Greg Gonzales’ SLC nomination was first confirmed by the Conference of State Bank Supervisors (CSBS) in February 2016, to complete a partial term vacancy created by the resignation of Lauren Kingry. Today marks the beginning of Gonzales’ first two-year term, which will continue through March 31, 2019.

The Federal Financial Institutions Examination Council’s (FFIEC) State Liaison Committee (SLC) today announced the election of Greg Gonzales as its Chairman. The SLC Chairman’s term is a one-year period that begins May 1 and runs until April 30 of the following year. The SLC can re-elect the chairman for additional terms.

The Federal Financial Institutions Examination Council (FFIEC) today announced the appointment of Judi Stork to the Council's State Liaison Committee. Stork’s SLC nomination was confirmed by the Council for a two-year term starting May 1, 2017, and continuing through April 30, 2019.

The Federal Financial Institutions Examination Council (FFIEC), on behalf of its members, today released an update to the Cybersecurity Assessment Tool (Assessment).

Continuing their efforts to reduce data reporting and other burdens for small financial institutions, the three federal banking agencies, as members of the Federal Financial Institutions Examination Council (FFIEC), are proposing additional revisions to streamline several "Call Report" schedules.

Joint Press Release

Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency

The Federal Financial Institutions Examination Council (FFIEC) today announced the appointment of Tom Fite to the FFIEC’s State Liaison Committee (SLC). Mr. Fite will complete the remainder of the two-year term left vacant by the early departure of Judi Stork. Mr. Fite’s partial term will expire on April 30, 2019.

Mr. Fite was named Director of the Indiana Department of Financial Institutions in January 2016. Prior to that, he was appointed Deputy Director of the department’s Depository Division in 2013 and spent 15 years in field examination and regional supervision roles.