Tag: FIL-17-2016

  • FDIC Expands Criteria for 18 Month Exam Cycle

    FDIC Expands Criteria for 18 Month Exam Cycle

    The FDIC released FIL-17-2016 today, which will increase the examination cycle for community banks meeting certain criteria from 12 months to 18 months, thereby potentially decreasing one of the most intrusive events in the bankers life. The criteria is as follows: Must be less than $1 B in assets Must have a CAMELS composite rating…