Click Cover to Read Digital Edition

AVAILABLE IN THE APP STORE
iPAD APP
iPHONE APP

UPCOMING EVENTS

 
Card Forum & Expo
April 22-25
Hilton Orlando Bonnet Creek
Orlando, Fla.
 
EMERGE: The Forum on Consumer Financial Services Innovation
June 2-4
Hyatt Regency Century Plaza
Los Angeles
 
Digital Banking Summit
June 2-4
Hyatt Regency Century Plaza
Los Angeles
 
2014 RDC Summit
Sept. 30 - Oct. 2
Las Vegas
 
ATM, Debit & Prepaid Forum
October 19-22
JW Marriott Desert Ridge
Phoenix
 
Money2020
November 2-6
Aria
Las Vegas
More events >  

Share |

Print Friendly and PDF

FDIC Releases Technical Assistance Videos

 

April 4 - The FDIC has released the first in a series of technical assistance videos to provide useful information to bank directors, officers and employees on areas of supervisory focus and proposed regulatory changes.

"When I met with bankers throughout the country last year as part of our community banking initiatives, we had frank discussions on issues facing the industry and heard many constructive suggestions for actions the FDIC could take that would be helpful to bankers," said FDIC Chairman Martin J. Gruenberg. "One of the most common suggestions was for more technical assistance."

The first installment of six videos is designed to provide new bank directors with information to prepare them for their important fiduciary role. Three of the videos address the roles and responsibilities of a director and the other three videos provide information about the FDIC's risk management and compliance examination processes.

A second installment, to be released by June 30, 2013, is a virtual version of the FDIC's Directors' College Program that regional offices deliver throughout the year. The initial curriculum will consist of six modules covering interest rate risk, third-party relationships, corporate governance, the Community Reinvestment Act, information technology and the Bank Secrecy Act.

A third installment, to be released by year-end, will provide virtual technical training for bank officers and employees. These videos will provide more in-depth coverage of important supervisory topics and focus on management's responsibilities. The training program will include fair lending, appraisals and evaluations, interest rate risk, troubled debt restructurings, the allowance for loan and lease losses, evaluation of municipal securities and flood insurance.

For complex rulemakings, the FDIC will continue to provide overviews and instruction in a variety of formats, including videos. These will be modeled on videos that the FDIC recently released on the capital rulemaking process.

The videos and additional information can be accessed at www.fdic.gov/resourcecenter.

 


Back