WASHINGTON - Most bankers give Federal Deposit Insurance Corp. examiners high marks on how well they communicate and what they focus on, according to a survey by the agency.
But a sizable minority want shorter examinations and smaller exam teams.
As result, the agency is looking for ways to reduce on-site exam time
In the letter, Nicholas J. Ketcha Jr. also said the agency had told
In March, the FDIC began surveying bankers after their exams. The
The agency so far has tallied results from the 455 questionnaires
*95% of bankers said examiners focused on the appropriate risk areas.
*95% said examiners maintained adequate communication with bank
*93% said examiners were adequately trained and informed of banking
*91% said the exam report objectively documented their institution's
*86% said the exam team was the appropriate size.
*74% said the exam length was appropriate.
*77% opposed enlarging the exam team in order to shorten exam time.
*65% preferred piggybacking compliance exams onto safety-and-soundness
In his letter, Mr. Ketcha said his department is reviewing its
What this will mean, said Robert F. Miailovich, an FDIC associate
"The most meaningful thing we are working on," he said, "is a program
A stumbling block, Mr. Miailovich said, is the fact that banks now keep