District Circular Letters
April 17, 2013
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SR 13-8/CA 13-5 Extension of the Use of Indicative Ratings for Savings and Loan Holding Companies
On April 11, 2013, the Federal Reserve issued SR 13-8/CA 13-5, “Extension of the Use of Indicative Ratings for Savings and Loan Holding Companies.” The Federal Reserve will continue to use the “RFI/C(D)” rating system (referred to as “RFI”) to assign “indicative ratings” to savings and loan holding companies (SLHCs). When the Federal Reserve assumed responsibility for the supervision of SLHCs in July 2011, the Federal Reserve set forth the SLHC supervisory approach for the first supervisory cycle in SR 11-11/CA 11-5, “Supervision of Savings and Loan Holding Companies (SLHCs).” Under that approach, the Federal Reserve has issued an indicative rating to each SLHC to indicate how the SLHC would be rated under the RFI rating system.
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