FDIC launching new site for consumer compliance, CRA exam activities

New this month: The will launch a new Banker Engagement Site (BES) through FDICconnect for examination-related activities. The site will: Serve as the primary tool for exchanging documents, information, and communications for consumer compliance and Community Reinvestment Act examinations. Allow financial institutions’ authorized staff to communicate with FDIC exam staff and to respond to information and document requests made throughout the supervisory process. More: The FDIC’s existing tool to exchange exam information, the Enterprise File Exchange, will continue to be used for activity initiated prior to the availability of BES. FDIC exam management will inform financial institutions of the application that will be used for their exam during the transition to BES.