The Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System and Office of the Comptroller of the Currency jointly issued an interim final rule expanding eligibility for an 18-month on-site examination cycle. Implementing the 21st Century ROAD to Housing Act, the rule doubles the total asset threshold from USD 3 billion to less than USD 6 billion for qualifying insured depository institutions and makes parallel changes for U.S. branches and agencies of foreign banks. Eligible institutions must satisfy existing capital, management and supervisory criteria, including being well capitalized and well managed, holding an outstanding or good composite rating, having no applicable formal enforcement action and meeting change-in-control restrictions. The agencies estimate that about 188 additional institutions, including approximately 19 U.S. branches and agencies of foreign banks, may qualify, bringing the total to 4,016. Off-site monitoring will continue, and regulators retain authority to conduct more frequent examinations where necessary. The rule will take effect immediately upon publication in the Federal Register.
2026-09-10Federal Deposit Insurance Corporation
Federal Deposit Insurance Corporation and other federal bank regulators expand 18-month examination cycle to qualifying institutions under USD 6 billion
The Federal Deposit Insurance Corporation and other federal bank regulators expanded the 18-month examination cycle to qualifying institutions with less than USD 6 billion in assets, up from USD 3 billion. About 188 additional institutions may qualify, while off-site monitoring and authority for more frequent examinations remain unchanged. The interim final rule will take effect upon publication in the Federal Register.