Fall Regulatory Summit

Internal Use Only

IntraFi - Membership

Minimum Membership Onboarding Requirements for Financial Institutions ƒ FDIC insured ƒ Well capitalized ƒ Under no formal administrative action that is centered on safety and soundness, or Bank Secrecy Act (BSA) ƒ IDC Financial Publishing, Inc. (IDC) rating of Average or above

Equivalent CAMELS Rating

IDC Range

IDC Category

200-300

Superior

1

165-199

Excellent

2

125-164

Average

2

Below Average-High 1

100-124

3

Below Average-Low 1

4

75-99

2-74

Lowest Ratios

5

1

Rank of 1

5

[1] IDC places all banks that fall within the IDC range of 75-124 in its “Below Average” category. IntraFi divides this category into Below Average-High and Below Average-Low.

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Internal Use Only

IntraFi – Membership (cont.)

IntraFi ƒ subscribes to the IDC rating agency, which includes quarterly rating assessments;

ƒ reviews FDIC quarterly Call Report data for capital status; and ƒ monitors regulatory websites for formal enforcement actions.

ࡳ If the action is centered on safety and soundness, the bank may not purchase funding through CDARS One-Way Buy, regardless of its IDC rating, nor may it enter into a new ICS One-Way Buy or IntraFi Sweep contract. ࡳ If the action contains a capital article, the bank may be limited in what deposits it can accept without an FDIC waiver. ࡳ If the action is centered on the BSA or money-laundering concerns, the bank may be limited from participating in all future matches (CDARS and ICS, both reciprocal and One-Way).

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