Exam (elaborations)
FDIC Technical Evaluation Exam 2024 Solved 100% Correct
- Module
- Institution
FDIC Technical Evaluation Exam 2024 Solved 100% Correct
[Show more]
Seller
Follow
CLOUND
Reviews received
Content preview
FDIC Technical Evaluation Exam 2024 Solved 100% CorrectFDI Act Sec. 1 - ANSWER-Federal Deposit Insurance Corporation is established to insure, the deposits of all banks and savings associations which are entitled to the benefits of insurance under this Act. (b) Asset disposition (1) establishment, (2) administrator is appointed by the Board of Directors (3) responsibilities are to carry out the responsibilities of the corporation under
this Act relating to liquidation of insured depository institutions and the disposition of assets of such institutions.
Sec 2
Board of Directors consisting of 5 members- -1 of whom shall be the Comptroller of the Currency
-1 of whom shall be the Director of the CFPB, and -3 of whom shall be appointed by the president, by and with the advice and content of the senate, from among individuals who are citizens of the US, 1 of whom shall have state bank supervisory experience. After 2/28/1993, not more than 3 of the members of the board may be members of the same political party. Chairperson- Designated by president, with advice of senate for a term of 5 years
VChairperson- Same, no term
Acting Chairperson- in event of vacancy in the position of chairperson of the BOD during absence or disability of the Chairperson, the VChairperson shall act as chairperson. Terms
appointed members serve for term of 6 years
Chairperson and Vice Chairperson may continued to serve after expiration of term. Restrictions-
No member of the Board can hold office, position, or employment in any insured depository institution or HC the time the member is in office, and 2 years after caching position. May not hold stock either in banks during term.
Part 303 - ANSWER-Filing Procedures
Part 304 - ANSWER-Forms, instructions, and reports
Part 307 - ANSWER-Certification of Assumption of Deposits and Notification of Changes of insured status
Part 308 - ANSWER-Rules of Practice and Procedures Part 309 - ANSWER-Disclosure of Information
Part 310 - ANSWER-Privacy Act Regulations
Part 311 - ANSWER-Rules Governing Public Observation of Meetings of the Corporation's Board of Directors
Part 313 - ANSWER-Procedures of Corporate Debt Resolution
Part 323 - ANSWER-Appraisals
Part 324 - ANSWER-Capital Adequacy of FDIC-Supervised Institutions
Part 325 - ANSWER-Annual Stress Test
Part 326 - ANSWER-Minimum Security Devices and Procedures and Bank Secrecy Act Compliance
Part 327 - ANSWER-Assessments
Part 328 - ANSWER-Advertisement of Membership
Part 329 - ANSWER-Liquidity Risk Measurement Standards
Part 330 - ANSWER-Deposit Insurance Coverage
Part 332 - ANSWER-Privacy of Consumer Financial Information
Part 333 - ANSWER-Extension of Corporate Powers
Part 334 - ANSWER-Fair Credit Reporting
Part 335 - ANSWER-Securities of Nonmember Insured Banks
Part 336 - ANSWER-FDIC Employees
Part 337 - ANSWER-Unsafe and Unsound Banking Practices
Part 338 - ANSWER-Fair Housing
Part 339 - ANSWER-Loans in Areas Having Flood Hazards
Part 340 - ANSWER-Restrictions on Sale of Assets by the Federal Deposit Insurance Corporation
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller CLOUND. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £9.04. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72001 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now