The 4Q13 “Banks at a Glance” reports are now available, highlighting key indicators of banking conditions within each of the nine states comprising the 12th Federal Reserve District.
This issue inaugurates a new approach to the Supervisory Spotlight: using this quarterly letter from the San Francisco Fed’s Director of Banking Supervision & Regulation to highlight what’s available on our website, including webinars and publications covering issues of interest to 12th District financial institutions.
The 4Q13 issue of First Glance 12L shows that many economic and banking metrics within the 12th District are getting close to “normal” levels (i.e., long-term non-recession average), but earnings and other challenges remain.
This bulletin highlights how the Servicemembers Civil Relief Act of 2003 (SCRA) protects servicemembers regarding issues such as rental agreements, loans, mortgage rates, and more. It includes Federal Reserve examiner expectations when reviewing a bank’s SCRA compliance program. See also an Outlook Live Webinar on Servicemember Financial Protection.
The Federal Reserve is hosting a webcast, Community Bank Risk-Focused Consumer Compliance Supervision Program, on Thursday, March 6, 2014. The event will provide an overview of the revised program, including the risk-focused examination approach, the new examination frequency policy, and what community bankers may expect.