Guidelines for Appeals of Material Supervisory Determinations
By Federal Deposit Insurance Corporation
AI Summary
The FDIC is replacing the existing Supervision Appeals Review Committee with an independent office for considering and deciding supervisory appeals. This change aims to provide a more structured and independent process for credit unions facing material supervisory determinations.
Texas Relevance
The article does not explicitly mention Texas, TX, TCUD, or any Texas-specific entities. The changes apply to all FDIC-supervised credit unions but are not specific to Texas.
Original Content
The Federal Deposit Insurance Corporation (FDIC) is adopting revised Guidelines for Appeals of Material Supervisory Determinations to replace the existing Supervision Appeals Review Committee with an independent, standalone office to consider and decide supervisory appeals.