August 22, 2016 Media contact:
Julianne Fisher Breitbeil
(202) 898-6895
jbreitbeil@fdic.gov
FDIC’s Supervisory Insights Summer Edition Focuses on De Novo Formation
The Federal Deposit Insurance Corporation (FDIC) today issued “De Novo Banks:
Economic Trends and Supervisory Framework,” which appears in the Summer 2016
issue of Supervisory Insights. The article provides an overview of trends in de novo
formation; the process by which the FDIC reviews applications for deposit insurance; the
supervisory process for de novo institutions; and steps the FDIC is taking to support de
novo formations.
“The information provided in this article reflects the FDIC’s ongoing efforts to work with,
and provide support to, groups interested in organizing a de novo institution,” Doreen R.
Eberley, director of FDIC’s Division of Risk Management Supervision, said. “The entry of
new institutions helps to preserve the vitality of the community banking sector, fill
important gaps in local banking markets, and provide credit services to underserved
communities.”
The FDIC continues to support the formation of new financial institutions and welcomes
applications for deposit insurance.
Additionally, this issue of Supervisory Insights contains the article, “‘Matters Requiring
Board Attention’ Underscore Evolving Risks in Banking.” The article underscores that the
Matters Requiring Board Attention (MRBA) page within the Risk Management Report of
Examination is used to focus the attention of bank management and the directors on
issues and recommendations that, if addressed early, will reduce the likelihood that those
institutions will experience serious adverse effects in the identified areas. The article
describes the MRBA categories cited most often in 2014 and 2015, and highlights trends
in these categories that can provide an overview of risks that may be developing within the
industry.
Finally, the “Regulatory and Supervisory Roundup” provides an overview of recently
released regulations and supervisory guidance.
Supervisory Insights provides a forum for discussing how bank regulation and policy are
put into practice in the field, promoting sound principles and practices for bank
supervision, and communicating about the emerging issues that bank supervisors face.
The journal is available on the FDIC’s Web site at
http://www.fdic.gov/regulations/examinations/supervisory/insights/index.html.
Julianne Fisher Breitbeil
(202) 898-6895
jbreitbeil@fdic.gov
FDIC’s Supervisory Insights Summer Edition Focuses on De Novo Formation
The Federal Deposit Insurance Corporation (FDIC) today issued “De Novo Banks:
Economic Trends and Supervisory Framework,” which appears in the Summer 2016
issue of Supervisory Insights. The article provides an overview of trends in de novo
formation; the process by which the FDIC reviews applications for deposit insurance; the
supervisory process for de novo institutions; and steps the FDIC is taking to support de
novo formations.
“The information provided in this article reflects the FDIC’s ongoing efforts to work with,
and provide support to, groups interested in organizing a de novo institution,” Doreen R.
Eberley, director of FDIC’s Division of Risk Management Supervision, said. “The entry of
new institutions helps to preserve the vitality of the community banking sector, fill
important gaps in local banking markets, and provide credit services to underserved
communities.”
The FDIC continues to support the formation of new financial institutions and welcomes
applications for deposit insurance.
Additionally, this issue of Supervisory Insights contains the article, “‘Matters Requiring
Board Attention’ Underscore Evolving Risks in Banking.” The article underscores that the
Matters Requiring Board Attention (MRBA) page within the Risk Management Report of
Examination is used to focus the attention of bank management and the directors on
issues and recommendations that, if addressed early, will reduce the likelihood that those
institutions will experience serious adverse effects in the identified areas. The article
describes the MRBA categories cited most often in 2014 and 2015, and highlights trends
in these categories that can provide an overview of risks that may be developing within the
industry.
Finally, the “Regulatory and Supervisory Roundup” provides an overview of recently
released regulations and supervisory guidance.
Supervisory Insights provides a forum for discussing how bank regulation and policy are
put into practice in the field, promoting sound principles and practices for bank
supervision, and communicating about the emerging issues that bank supervisors face.
The journal is available on the FDIC’s Web site at
http://www.fdic.gov/regulations/examinations/supervisory/insights/index.html.
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, 6,122 as of March 31,
2016. 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-70-2016
Suggestions for future topics and requests for permission to reprint articles should be e-
mailed to supervisoryjournal@fdic.gov. Requests for print copies should be e-mailed to
publicinfo@fdic.gov.
banking system. The FDIC insures deposits at the nation’s banks and savings associations, 6,122 as of March 31,
2016. 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-70-2016
Suggestions for future topics and requests for permission to reprint articles should be e-
mailed to supervisoryjournal@fdic.gov. Requests for print copies should be e-mailed to
publicinfo@fdic.gov.