Accreditation Handbook

Internal Use Only

Following State Comment Period, Changes Are Approved by PSC

Annual Review of Standards in consultation with SSPC

Communication to States

Clarification from PSC Throughout Year

Communication to Review Teams

Accreditation Scoring System The scoring system is a tool used by the agency and the review team to determine if the agency meets the requirements of the program. The final decision of accreditation is the decision of the PSC, based on the overall adequacy of the agency to abide by the principles of the program listed in the SEQ. Agencies with scores that do not meet the minimum passing score(s) may be denied accreditation or subject to corrective action for a defined period of time, as determined by the PSC. Minimum Passing Scores Each standard within the section has an assigned value, which is multiplied by the rating to produce a score. The standards have values ranging from 3 to 40, with the higher values being most important (see values of all standards listed below). The scores are added together for each section, and to obtain a passing score, an agency must obtain the minimum scores listed below. The SEQ consists of several sections, with the following maximum points available and passing scores for each section, and overall: Bank Accreditation Sections Section Max Score Passing Score 1. Administration and Finance 240 120_ 2. Personnel and Training 240 120_ 3. Bank Examination Policies and Procedures 330 181 4. Bank Examination Capabilities 480* 264* 5. Bank Supervision and Legislation 300 165_ Overall Score 1,590 875* I.

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