by U.S. G.P.O., For sale by the U.S. G.P.O., Supt. of Docs., Congressional Sales Office in Washington .
Written in English
|LC Classifications||KF27 .B5 1993a|
|The Physical Object|
|Pagination||iii, 92 p. :|
|Number of Pages||92|
|LC Control Number||94125560|
The core of national bank supervision is the bank examination process, carried out by more than 2, examiners throughout the country. They evaluate bank activities and management processes to ensure national banks operate in a safe and sound manner and comply with laws and regulations. To provide relief from the reserve requirement to small depository institutions, the Garn-St Germain Depository Institutions Act of (Pub. L. ; 96 Stat. ) exempted from reserve requirements the first $2 million of reservable liabilities of each depository institution. Classification of File Size: 1MB. Statement of Charles A. Bowsher Comptroller General of the United States GAO/T-AFMD holding company inspections performed by the federal depository institution regulators. My statement summarizes the findings and examination process to determine an institution's . Comptroller General of the United States B Febru The Honorable Donald W. Riegle, Jr. Charles A. Bowsher Comptroller General of the United States requires management of insured depository institutions with assets of.
portion of the loan remaining on the institution’ s books is reclassified as a fully performing loan. It is decrease a depository institution's willingness to make new loans. Lending decisions should be based on prudent Charles A. Bowsher Comptroller General of the United States ~ cc. Depository services include checking and savings accounts, and transfer of funds (e-payments through online banking or debit cards). A number of regulations affect the rules governing these services and protect your rights to receive timely information about fees and interest paid. An institution is required to comply with Regulation C only if it is a “financial institution” as that term is defined in Regulation C. The definition of financial institution includes both depository financial institutions and nondepository financial institutions, as those terms are separately defined in Regulation C. 12 CFR (g). The Division charters depository institutions, licenses non-depository financial services, and conducts on-site examinations. All examinations, supervision, and regulatory activities are performed by Division staff that specializes in the operations of each of the specific industries.