Currently we do a review of all High Risk Accounts monthly. We are considering changing some of the accounts to quarterly reviews due to the account balances, types of activity, minimal activity, etc. of course any suspicious activity would be monitored through other routine monthly reports. My question is this...do any of you monitor some high risk accounts on a monthly/quarterly basis? If so, how did you justify why some of them are quarterly vs. monthly and did you have any problems during your examination? OCC will be here soon so we obviously don't want to raise any red flags.

Thanks for any feedback you can provide.

We are an OCC regulated bank and conduct a formal review of high risk accounts on a quarterly basis. This coincides nicely with 90 day follow up SAR's if necessary. General monitoring of accounts is done via monthly, weekly and in some cases, daily reports. Any major spikes or changes in activity would warrant an investigation.