Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation’s banking system.
The FDIC insures deposits at the nation’s banks and savings associations, 5,479 as of September 30, 2018. It promotes the safety
and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC
receives no federal tax dollars—insured financial institutions fund its operations.
FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription
electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC’s Public
Information Center (877-275-3342 or 703-562-2200). PR-97-2018
December 18, 2018 Media contact:
Julianne Fisher Breitbeil
(202) 898-6895
jbreitbeil@fdic.gov
FDIC Issues Notice of Proposed Rulemaking: Company-Run Stress Testing Requirements
for FDIC-supervised State Nonmember Banks and State Savings Associations
The Federal Deposit Insurance Corporation (FDIC) today issued a notice of proposed
rulemaking that would revise the FDIC’s requirements for stress testing by FDIC-supervised
institutions, consistent with changes made by Economic Growth, Regulatory Relief, and
Consumer Protection Act (EGRRCPA).
The proposed rule would amend the FDIC’s existing stress testing regulations to change the
minimum threshold for applicability from $10 billion to $250 billion, revise the frequency of
required stress tests by FDIC-supervised institutions from annual to periodic, and reduce the
number of required stress testing scenarios from three to two.
The NPR also proposes to make certain conforming and technical changes, including
changes that were previously proposed in an April 2018 notice of proposed rulemaking that
was superseded, in part, by the enactment of EGRRCPA.
Comments will be accepted until February 19, 2019.
Attachment:
Notice of Proposed Rulemaking: Company-Run Stress Testing Requirements for FDIC-
supervised State Nonmember Banks and State Savings Associations
# # #
The FDIC insures deposits at the nation’s banks and savings associations, 5,479 as of September 30, 2018. It promotes the safety
and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC
receives no federal tax dollars—insured financial institutions fund its operations.
FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription
electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC’s Public
Information Center (877-275-3342 or 703-562-2200). PR-97-2018
December 18, 2018 Media contact:
Julianne Fisher Breitbeil
(202) 898-6895
jbreitbeil@fdic.gov
FDIC Issues Notice of Proposed Rulemaking: Company-Run Stress Testing Requirements
for FDIC-supervised State Nonmember Banks and State Savings Associations
The Federal Deposit Insurance Corporation (FDIC) today issued a notice of proposed
rulemaking that would revise the FDIC’s requirements for stress testing by FDIC-supervised
institutions, consistent with changes made by Economic Growth, Regulatory Relief, and
Consumer Protection Act (EGRRCPA).
The proposed rule would amend the FDIC’s existing stress testing regulations to change the
minimum threshold for applicability from $10 billion to $250 billion, revise the frequency of
required stress tests by FDIC-supervised institutions from annual to periodic, and reduce the
number of required stress testing scenarios from three to two.
The NPR also proposes to make certain conforming and technical changes, including
changes that were previously proposed in an April 2018 notice of proposed rulemaking that
was superseded, in part, by the enactment of EGRRCPA.
Comments will be accepted until February 19, 2019.
Attachment:
Notice of Proposed Rulemaking: Company-Run Stress Testing Requirements for FDIC-
supervised State Nonmember Banks and State Savings Associations
# # #