What is FFIEC?
The FFIEC (“Federal Financial Institutions Examination Council”) is a United States government regulatory body that ensures that principles, standards, and report forms are uniform across the most important financial regulatory agencies in the country.
The agencies involved include the Federal Reserve (“the Fed”), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC), and the Office of Thrift Supervision (OTS). Since 2006, a State Liaison Committee (SLC) has also been involved; the SLC’s membership includes the Conference of State Bank Supervisors, the American Council of State Savings Supervisors, and the National Association of State Credit Union Supervisors.
The FFIEC’s official web site is www.ffiec.gov.