100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
FDIC TE - Section 1.1 Basic Examination Concepts and Guidelines Practice Questions and Answers 100% Pass $12.49   Add to cart

Exam (elaborations)

FDIC TE - Section 1.1 Basic Examination Concepts and Guidelines Practice Questions and Answers 100% Pass

 0 view  0 purchase
  • Course
  • FDIC
  • Institution
  • FDIC

FDIC TE - Section 1.1 Basic Examination Concepts and Guidelines Practice Questions and Answers 100% Pass Why does the FDIC conduct bank exams? - ANSWER-Ensure public confidence in the banking system and to protect the DIF Section 10(b) and (c) of the FDI Act - ANSWER-Empowers examiners to mak...

[Show more]

Preview 2 out of 10  pages

  • November 26, 2024
  • 10
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • FDIC
  • FDIC
avatar-seller
EmillyCharlotte
FDIC TE - Section 1.1 Basic Examination
Concepts and Guidelines Practice
Questions and Answers 100% Pass


Why does the FDIC conduct bank exams? - ANSWER✔✔-Ensure public

confidence in the banking system and to protect the DIF


Section 10(b) and (c) of the FDI Act - ANSWER✔✔-Empowers examiners to

make a thorough examination of a bank's affairs


UFIRS stands for what? - ANSWER✔✔-Uniform Financial Institutions

Rating System


FFIEC stands for what? - ANSWER✔✔-Federal Financial Institutions

Examination Council


6 Areas Composite Ratings are Based on - ANSWER✔✔-CAMELS -

Capital, Asset Quality, Management, Earnings sufficiency, Liquidity

Position, SMR




Copyright ©EMILLYCHARLOTE 2025 ACADEMIC YEAR, ALL RIGHTS RESERVED. Page 1/10

, Can banks disclose the ratings or any part of the ROE? - ANSWER✔✔-No,

not without prior consent of the regulator


Specialty Exam Areas - ANSWER✔✔-Bank Secrecy Act (BSA), IT, Trust,

Government Security Dealers, Municipal Security Dealers, and Registered

Transfer Agent


Management Disclosure of Ratings - ANSWER✔✔-The EIC should discuss

tentative ratings with management near the end of the exam, stating that

their ratings are tentative and subject to the review and final approval by

the regional director


Part 309 of the FDIC Rules and Regs - ANSWER✔✔-Examination findings,

including the composite and component ratings, are subject to

confidentiality rules


Examination letter should notify management of what? - ANSWER✔✔-

should notify management that the institution's composite rating was

tentatively downgraded and convey the expectation that management

stabilize the institution's risk profile and strengthen its financial condition.

The letter should notify management that actions taken to materially


Copyright ©EMILLYCHARLOTE 2025 ACADEMIC YEAR, ALL RIGHTS RESERVED. Page 2/10

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

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 EmillyCharlotte. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67866 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.49
  • (0)
  Add to cart