Director's Corner

FDIC Chairman PowellThe FDIC and the other banking agencies frequently publish and issue guidance for insured institutions and their officers and directors to use to fulfill their responsibilities. This useful and practical information is now available in a special section of this web site called “Director’s Corner.” The “Director’s Corner” includes items such as Interagency Policy Statements, Supervisory Guidance, and Financial Institution Letters on the topics of Corporate Governance Practices, Auditing and Internal Controls, Accounting Practices and the Allowance for Loan and Lease Losses, and other areas of interest to bank directors. The FDIC’s “Pocket Guide for Directors,” which provides directors with accessible and practical guidance for meeting their duties and responsibilities, is also included in this section.



Corporate Governance Area

Chairman’s Remarks to the Independent Community Bankers of America

Effect of the Sarbanes-Oxley Act of 2002 on Insured Depository Institutions

Pocket Guide for Directors

FDIC’s Rules and Regulations Part 335 – Securities of Nonmember Insured Banks

FDIC’s Rules and Regulations Part 337.3 – Extensions of Credit to Directors, Executive Officers, Principal Shareholders and Their Related Interests

Rules and Regulations Part 349 - Indebtedness of Executive Officers and Principal Shareholders

FDIC’s Rules and Regulations Part 364 - Standards for Safety and Soundness

Statement Concerning the Responsibilities of Bank Directors and Officers

Guidelines For Compliance With The Federal Bank Bribery Law


Auditing and Internal Controls


Interagency Policy Statement on External Auditing Programs

Interagency Policy Statement on Coordination Between External Auditors and Examiners

Interagency Policy Statement on the Internal Audit Function and Its Outsourcing

Interagency Policy Statement on External Auditing Programs

FDIC’s Rules and Regulations, Part 363 – Annual Audits


Allowance for Loan and Lease Losses (“ALLL”)


Interagency Policy Statement on the ALLL Methodologies and Documentation

Policy Statement on ALLL

Interagency Policy Statement on the ALLL


Community Reinvestment Act



Interagency Questions and Answers Regarding Community Reinvestment

A Guide to CRA Data Collection and Reporting

Final Rule on the Disclosure and Reporting of Community Reinvestment Act-Related Agreements


Director's College Program



Dallas Region Director’s College Program

San Francisco Region Director's College


Other Supervisory Guidance


Account Management and Loss Allowance Guidance for Credit Card Lending

Revised “CAMELS” Ratings System

Revised Policy for Classifying Retail Credits

Interagency Guidelines on Asset Securitization

Uniform Retail Credit Classification

FFIEC Guidance on Managing Risk with Outsourcing Services

Part 362 Final Rule

Subprime Lending Guidance

Interagency Guidance on Loans Held for Sale

Interagency Policy Statement on Income Tax Allocation

Supervisory Policy Statement on Investment Securities and Derivatives

Uniform Financial Institutions Ratings System

Safeguarding Customer Information

Last Updated 08/12/2003 supervision@fdic.gov