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FDIC updates exam-related manuals

The FDIC has posted its May 2020 updates to the agency's Consumer Compliance Examination Manual, with changes to the following sections:

  • II-14.1 - SOURCE Violation Codes were modernized and streamlined
  • III-2.1 - Bank of Anytown (ZIP file of Word Documents). Updated to conform to the new SOURCE Violation Codes and remove the CRA Performance Evaluation example
  • XII - All CRA Performance Evaluation templates were updated to conform to updated writing procedures

The FDIC also updated its Risk Management Manual of Examination Policies as of June 1, 2020, with changes to Section 21.1 (Emergency Planning), including additions to the Examination Profile Script to promote the availability of options for off-site loan review and examiner connectivity, and to address modifications related to the COVID-19 pandemic.

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