FDIC Releases Initial Sections of its Applications Procedures Manual

FIL-38-2019

July 10, 2019

Financial Institution Letter

FDIC Releases Initial Sections of its Applications Procedures Manual

 

Summary:

The FDIC posted sections of its Applications Procedures Manual (manual) to its website to provide greater transparency regarding the FDIC’s internal processes.  The manual provides direction for professional staff assigned to review and process applications, notices, and other requests (collectively, filings) submitted to the FDIC.  This is the first in a series of releases that will comprise the complete manual, and each subsequent release will include multiple sections governing specific filing types.

Statement of Applicability to Institutions with Total Assets Under $1 Billion:

This Financial Institution Letter transmits a manual intended to be used by FDIC personnel.  No action on the part of any insured depository institution is necessary.

Distribution:

FDIC-Insured Depository Institutions

Read the FIL

The FDIC does not send unsolicited e-mail. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe.