On March 29, 2022, the FDIC updated sections of the Consumer Compliance Examination Manual. The Consumer Compliance Examination Manual is a primary resource and reference tool for FDIC compliance examination staff when conducting Consumer Compliance and CRA examinations. It incorporates examination policies, procedures, and guidance and is available on the FDIC website as a resource for FDIC staff, bankers, and other members of the public.

Seven sections of the manual were updated on March 2022, as follows:

II-14.1 SOURCE Violation Codes
V-1.1 Truth in Lending Act
V-7.1 Equal Credit Opportunity Act (ECOA) Regulation
V-10.1 Consumer Leasing
VI-1.1 Expedited Funds Availability Act
XI-1.1 Community Reinvestment Act
XI-5.1 Wholesale/Limited Purpose Institution

The updated Consumer Compliance Examination Manual can be found here.

Adam Witmer

Adam Witmer is a speaker, author, and founder of the Compliance Cohort. Adam has taught hundreds of seminars and training sessions to thousands of bankers throughout the United States and teaches on all areas of regulatory compliance. Adam has written five e-books that he never published, hit a grizzly bear while driving in a National Park, and is an award winning photographer and musician (though he no longer takes photos nor plays any instruments). In his spare time, Adam can be found kayaking on the lake, doing taekwondo with his kids, working on his (project) house, or spending time with his family.

Website

Become a Free Member