Federal Financial Institutions Examination Council


Also found in: Acronyms, Wikipedia.

Federal Financial Institutions Examination Council

A federal interagency body (www.ffiec.gov) that establishes uniform standards and reporting requirements for the examination and auditing of financial institutions supervised by the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Office of Thrift Supervision.

References in periodicals archive ?
The Federal Financial Institutions Examination Council (FFIEC) in March issued the Retail Payment Systems Booklet, which contains revised guidance for examiners, financial institutions and technology service providers on risks associated with retail payment systems (www.
This is the seventh year the data have been released by the Federal Financial Institutions Examination Council, a coordinating body for five federal regulatory agencies.
To help stimulate future development of inner-city communities, the Federal Financial Institutions Examination Council (FFIEC) recently endorsed a National Bankers Association (NBA) proposal promoting joint ventures between majority and minority-owned financial institutions.
The Federal Financial Institutions Examination Council issued a statement, "Cyber Attacks Involving Extortion," Tuesday alerting financial institutions of the increasing frequency and severity of this particular breed of cyber attacks.
The Federal Financial Institutions Examination Council (FFIEC) recommends all financial institutions offering RDC to complete periodic risk assessments," said Brian McCollum, sales and product development manager for Creative Payment Solutions.
In addition, the agencies will post a list of the current and historical asset-size thresholds on the website of the Federal Financial Institutions Examination Council.
The Federal Financial Institutions Examination Council, which includes the Federal Reserve (Fed), the Federal Deposit Insurance Corp.
7 percent from 2007, according to call reports filed with the Federal Financial Institutions Examination Council.
Designated distressed or underserved rural areas are to be listed by the agencies on the Federal Financial Institutions Examination Council web site at www.
The EITF observed that a recent survey of servicing costs conducted by the National Association of Government Guaranteed Lenders, at the request of the Federal Financial Institutions Examination Council, concluded that 40 basis points is a normal servicing fee rate for SBA loans.
The Federal Financial Institutions Examination Council (FFIEC) announced today the reappointments of Greg Gonzales, Mary Hughes, and Caroline Jones to the Council's State Liaison Committee (SLC).
The Federal Financial Institutions Examination Council and its member regulators, which include the NCUA, have increasingly focused on cybersecurity in their assessments.

Full browser ?