FDIC Requests Comments on Proposed Updates to Bank Appeals Guidelines

The FDIC requested comments on proposed updates to its guidelines for institutions to appeal certain supervisory determinations. These guidelines apply to all FDIC-supervised commercial and saving banks, including community banks.

Among other changes, the proposed supervision appeals guidelines would expand the circumstances under which banks may appeal certain material supervisory determinations. The FDIC noted that the proposed guidelines are part of a package issued by the FDIC Board of Directors to enhance FDIC supervisory procedures and practices, and to ensure that institutions have clear and fair avenues to pursue when there are differences of opinion regarding supervisory matters.

Comments on the proposal must be submitted within 60 days following publication in the Federal Register.