FDIC’s Consumer Compliance Supervisory Highlights

The Federal Deposit Insurance Corporation (FDIC) today issued the new Consumer Compliance Supervisory Highlights publication. The purpose of this publication is to enhance transparency regarding the FDIC’s consumer compliance supervisory activities and includes a high-level overview of consumer compliance issues identified during 2018 through the FDIC’s supervision of state non-member banks and thrifts.   This issue of Consumer Compliance Supervisory Highlights also includes a “Resources & Information for Financial Institutions” on page 6 and an appendix of “Most Frequently Cited Violations and Enforcement Actions” to support supervised institutions’ efforts to manage consumer compliance responsibilities effectively.