Problem Bank Training

Problem Bank Training

August 11-13, 2020

Problem Bank Training Live Virtual August 11-13, 2020

Agenda Eastern Standard Time

August 11, 2020

Opening and History Perspectives

1:00 PM-1:30 PM

Red Flags

1:30 PM-2:00 PM

Open Discussion

2:00 PM-2:30 PM

August 12, 2020

Examination Plan and Process

1:00 PM-2:00 PM

Open Discussion

2:00 PM-2:30 PM

August 13, 2020

Enforcement Actions

1:00 PM-2:00 PM

Open Discussion

2:00 PM-2:30 PM

Problem Bank Training Welcome to the Jungle - Introduction to examining institutions experiencing problems

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What is a problem bank? • A financial institution with a composite rating of 3, 4, or 5 • A financial institution under an enforcement action • Not to be confused with “Troubled Bank”

Brief recent history of crisis and bank regulation The Great Depression • The Banking Act of 1933 • The Security and Exchange Act of 1934 • The Banking Act of 1935 The 1980’s • Depository Institutions Deregulation and Monetary Control Act of 1980 • Competitive Equality Banking Act of 1987

• Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) • Federal Deposit Insurance Corporation Improvement Act (FDICIA) of 1991 The Great Recession • Dodd-Frank Wall Street Reform and Consumer Protection Act 2010

Then along came a virus named COVID-19…

Reactions

So, now what?

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Questions

Revocation of Charters

Recap Which type of enforcement action is most used in your state? What year was Prompt Corrective Action (PCA) enacted? Name one of the restrictions on banks that can be utilized under PCA. What is one thing you have learned from this series that will help you if you encounter a problem bank?

Questions