The FDIC said it will launch a new Banker Engagement Site through FDICconnect this month for examination-related activities.
FDIC launching new site for consumer compliance, CRA exam activities
September 06, 2023 / By ICBA
The FDIC said it will launch a new Banker Engagement Site through FDICconnect this month for examination-related activities.
The FDIC said it will launch a new Banker Engagement Site through FDICconnect this month for examination-related activities.
Details: The agency said the BES will:
Serve as the primary tool for exchanging documents, information, and communications for consumer compliance and Community Reinvestment Act examinations.
Allow financial institutions’ authorized staff to communicate with FDIC exam staff and to respond to information and document requests made throughout the supervisory process.
More: The FDIC’s existing tool to exchange exam information, the Enterprise File Exchange, will continue to be used for activity initiated prior to the availability of BES. FDIC exam management will inform financial institutions of the application that will be used for their exam during the transition to BES.
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