Empowered to prescribe uniform principles, standards, and report forms for the federal examination of financial institutions and make recommendations to promote uniformity in the supervision of financial institutions.
Role
Resources
Mission and Role
The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation's financial system by:
Resources
Statistics on Depository Institutions (SDI): comprehensive financial and demographic data for every FDIC-insured institution.
Historical Bank Data: Annual and summary of financial and structural data for all FDIC-insured institutions since 1934.
FDIC State Profiles: Quarterly summary of banking and economic conditions in each state.
Mission
The mission of the Federal Reserve System is to foster the stability, integrity, and efficiency of the nation's monetary, financial, and payment systems so as to promote optimal macroeconomic performance.
Role
The Federal Reserve has three primary functions: Monetary Policy, Banking Supervision, Financial Services
The Federal Reserve works in conjunction with other federal and state authorities to ensure that financial institutions safely manage their operations and provide fair and equitable services to consumers. Bank examiners also gather information on trends in the financial industry, which helps the Federal Reserve System meet its other responsibilities, including determining monetary policy.
Resources
To ensure that national banks and federal savings associations operate in a safe and sound manner, provide fair access to financial services, treat customers fairly, and comply with applicable laws and regulations.
Role
The Office of the Comptroller of the Currency charters and regulates National banks and federal savings associations.
Check the list of National Bank Operating Subsidiaries on OCC's website HelpWithMyBank.gov.
To search by specific bank name, the Federal Financial Institutions Examinations Council (FFIEC) offers a financial institution search.
Mission
Provide, through regulation and supervision, a safe and sound credit union system, which promotes confidence in the national system of cooperative credit.
Role
The NCUA protects the safety and soundness of the credit union system by identifying, monitoring and reducing risks to the National Credit Union Share Insurance Fund. Backed by the full faith and credit of the United States, the Share Insurance Fund provides up to $250,000 of federal share insurance to millions of account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions.
Resources
The material in this guide was compiled by BRASS members and reflects information that was accurate at the time it was collected.
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