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Supervisory Insights

Summer 2009 Vol. 6, Issue 1 - Table of Contents

Last Updated: June 6, 2023

Supervisory Insights - Summer 2009 - PDF

Letter from the Director


A Year in Bank Supervision: 2008 and a Few of Its Lessons

2008 was a year of crisis for the U.S. financial services industry. In 2008 and shortly thereafter, more than $13 trillion in temporary loans, liability and asset guarantees, and other government programs supporting financial institutions were put in place or announced, and policymakers focused attention on potential improvements to financial regulation. This article presents a chronology of the more significant events and developments affecting financial institutions during 2008 and concludes with a discussion of areas of supervisory focus going forward.

Remote Deposit Capture: A Primer

Remote Deposit Capture (RDC) technology is helping to improve the efficiency of how banks process check deposits. RDC allows financial institution customers to "deposit" checks electronically at remote locations, usually in the customers’ offices, for virtually instant credit to their accounts. This article discusses the development and recent growth in the use of RDC, identifies risks to financial institutions that offer this service, and highlights appropriate risk management strategies.

Regular Features

From the Examiner’s Desk: Changes to Regulation Z Afford Increased Consumer Protections

Recent amendments to Regulation Z extend specific protections to consumers of a newly created category of mortgage loans called "higher-priced" home mortgages and enhance protections for consumers of "high-cost" and other mortgages. This article examines each of the four significant amendments to Regulation Z and offers suggestions for compliance professionals responsible for ensuring compliance with these critical regulatory changes.

Regulatory and Supervisory Roundup

This feature provides an overview of recently released regulations and supervisory guidance.

Supervisory Insights

Supervisory Insights published by the Division of Supervision and Consumer Protection of the Federal Deposit Insurance Corporation to promote sound principles and best practices for bank supervision.

Sheila C. Bair
Chairman, FDIC

Sandra L. Thompson
Director, Division of Supervision and Consumer Protection

Journal Executive Board

George E. French, Deputy Director and Executive Editor
Christopher J. Spoth, Senior Deputy Director
Daniel E. Frye, Acting Deputy Director
Robert W. Mooney, Deputy Director
Thomas E. Peddicord, Acting Deputy Director
Mark S. Schmidt, Acting Deputy Director
Thomas J. Dujenski, Regional Director
Doreen R. Eberley, Acting Regional Director
Stan R. Ivie, Regional Director
John M. Lane, Acting Regional Director
M. Anthony Lowe, Regional Director
Gale A. Simons-Poole, Acting Regional Director

Journal Staff

Kim E. Lowry
Managing Editor

Daniel P. Bergman
Financial Writer

John A. George
Financial Writer

Supervisory Insights is available online by visiting the FDIC’s website at To provide comments or suggestions for future articles, request permission to reprint individual articles, or to request print copies, send an e-mail to

The views expressed in Supervisory Insights are those of the authors and do not necessarily reflect official positions of the Federal Deposit Insurance Corporation. In particular, articles should not be construed as definitive regulatory or supervisory guidance. Some of the information used in the preparation of this publication was obtained from publicly available sources that are considered reliable. However, the use of this information does not constitute an endorsement of its accuracy by the Federal Deposit Insurance Corporation.