Federal Register - FDIC Proposals

Privacy Act of 1974; System of Records

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Operational Brief

• The FDIC is renaming the existing system of records from 'Identity, Credential, and Access Management Records' to 'Credentialing, Facility Access, and Visitor Management Records'. • This update includes modifications in various sections such as Categories of Individuals, Categories of Records, Record Sources, Routine Uses, Policies and Practices for Storage, Retention and Disposition of Records, and Record Access, Contesting Records, and Notification Procedures.

Why It Matters for Texas Credit Unions

The article does not explicitly mention Texas or any Texas-specific entities. It is a general update to an FDIC system of records that applies nationwide.

Who this most likely affects

Bounded site guidance: This item is most likely relevant for boards, executive leadership, and governance owners.

Why this fit: The source language points to governance, management, or supervisory posture rather than a narrow line function.

This is site guidance, not a formal determination. Federal Register - FDIC and the original source material remain the governing reference.

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Original Source Material

In accordance with the Privacy Act of 1974, as amended, the Federal Deposit Insurance Corporation (FDIC) is modifying an existing system of records, FDIC-035, Identity, Credential, and Access Management Records. This system of records is used by FDIC to manage the safety and security of FDIC resources, facilities, information technology systems, and other Federal government agency facilities and systems, as well as the occupants of those facilities. The FDIC is updating this system of records to rename it "Credentialing, Facility Access, and Visitor Management Records" and to modify numerous sections of the notice, including the Categories of Individuals; Categories of Records; Record Sources; Routine Uses; Policies and Practices for Storage, Retention and Disposition of Records; and Record Access, Contesting Records, and Notification Procedures. Additionally, this notice includes non-substantive changes to simplify the formatting, clarify the text of the previously published notice, and improve consistency across FDIC system of record notices.