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Inactive Financial Institution Letters

FIL-13-2018
March 30, 2018

Revisions to the Consolidated Reports of Condition and Income for June 2018; Webinar on April 5, 2018

Printable Format:

FIL-13-2018 - PDF (PDF Help)

Summary:

As part of an ongoing effort to ease reporting requirements and lessen reporting burden, the federal banking agencies, under the auspices of the Federal Financial Institutions Examination Council (FFIEC), have finalized additional burden-reducing revisions to all three versions of the Consolidated Reports of Condition and Income (Call Report) that will take effect June 30, 2018. These revised Call Report requirements, which were issued for comment in November 2017, are subject to approval by the U.S. Office of Management and Budget. The banking agencies will conduct a banker webinar on April 5, 2018, to discuss the burden-reducing Call Report revisions and certain other reporting changes.

Statement of Applicability to Institutions under $1 Billion in Total Assets: This Financial Institution Letter applies to all FDIC-supervised banks and savings associations, including community institutions.

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Note:

FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's website at www.fdic.gov/news/news/financial/2018/

To receive FILs electronically, please visit https://service.govdelivery.com/accounts/USFDIC/subscriber/new.

Paper copies may be obtained via the FDIC's Public Information Center, 3501 Fairfax Drive, E 1002, Arlington, VA 22226 (877-275-3342 or 703-562-2200).