"Nowhere to Go but Up: Managing Interest-Rate Risk in a Low-Rate Environment" emphasizes that during the current environment, with interest rates at or near historic lows, it is critical that financial institutions maintain a strong, effective interest-rate risk (IRR) management program that helps mitigate excessive exposure. This article reviews IRR measurement systems and offers observations about best practices for measuring, monitoring and controlling IRR.
"Not Just Adding Up the Numbers: Achieving CRA Objectives in Challenging Times" emphasizes that Community Reinvestment Act (CRA) examination procedures call for examiners to consider the challenging economic circumstances and other constraints faced by an institution, and encourage management to adopt innovative responses to community needs.
"From the Examiner's Desk - Customer Information Risk Assessments: Moving Toward Enterprise-wide Assessments of Business Risk" states that results of information technology examinations often suggest banks struggle with conducting effective customer information risk assessments. Recent phishing attacks are one example of the critical need to safeguard information assets. This article describes three types of risk assessments, identifies areas for improvement often observed by examiners, and discusses the supervisory response to deficiencies.
Suggestions for future topics and requests for permission to reprint articles should be e-mailed to email@example.com. Requests for print copies should be e-mailed to firstname.lastname@example.org.
Chief Executive Officer
Community Reinvestment Act
Information Technology Customer Information Risk Assessments
Kim E. Lowry, Managing Editor
(email@example.com or 202-898-6635)
FIL-71-2009 - PDF (PDF Help)
FDIC financial institution letters (FILs) may be accessed from the FDIC's Web site at www.fdic.gov/news/news/financial/2009/index.html.
To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html.
Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (1-877-275-3342 or 703-562-2200).