Transparency & Accountability - Bank Examinations: Requests for Review of Material Supervisory Determinations
Requests for Review of Material Supervisory Determinations
Decisions Issued from January 1, 2018 to November 30, 2023
On July 18, 2017, the FDIC Board of Directors adopted revised Guidelines for Appeals of Material Supervisory Determinations, which included certain reporting requirements for requests for review of material supervisory determinations that are acted on by the applicable division director. The table below provides detailed information on the requests for review decisions issued between January 1, 2018, and November 30, 2023.
Division | Date | Determination(s) Contested | Decision |
---|---|---|---|
Division of Depositor and Consumer Protection | 11/13/2023 | Review of determinations set forth in Report of Examination and CRA PE. | The Director responded to the request for review by sending a letter which indicated that because the FDIC issued a Notice of Charges, the bank may contest any material supervisory determinations through the administrative enforcement process. |
Division of Risk Management Supervision | 10/2/2023 | Re-classification of Held-to-Maturity securities portfolio as Available-for-Sale. | The Director concurred with the examination determination. |
Division of Risk Management Supervision | 9/28/2023 | Management rating. | The Director concurred with the assigned Management rating. |
Division of Risk Management Supervision | 9/8/2023 | Management rating, level of fulfillment of Consent Order and Matters Requiring Board Attention, and apparent violations of the Bank Secrecy Act. | The Director concurred with each of the examination findings. |
Division of Risk Management Supervision | 5/26/2023 | Apparent violation of Federal Reserve Board Regulation O. | The Director concurred with the citation of the apparent violation. |