Skip to main content
U.S. flag
An official website of the United States government
Dot gov
The .gov means it’s official. 
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.
Https
The site is secure. 
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
INACTIVE
This page is no longer active. Its content has expired or been rescinded by the FDIC.
Financial Institution Letter

Supervisory InsightsJournal

Special Corporate Governance Edition Now Available
April 5, 2016
Notes
 

Summary:

The Special Corporate Governance Edition of Supervisory Insights is a review and commentary on the Pocket Guide for Directors , which is a set of common-sense principles that describe the responsibilities and duties of a bank's board of directors -- a framework for corporate governance that applies to any financial institution. This edition is available at http://www.fdic.gov/regulations/examinations/supervisory/insights/sise16/SI_SE2016.pdf .

Statement of Applicability to Institutions with Total Assets under $1 Billion: The information contained in this edition of Supervisory Insights may be of general interest to FDIC-supervised financial institutions, but it is not supervisory guidance.

Highlights:

  • " A Community Bank Director's Guide to Corporate Governance: 21 st Century Reflections on the FDIC Pocket Guide for Directors " is intended as a commentary and review of the Pocket Guide and incorporates more recent guidance and technical resources.
  • The Pocket Guide, first issued in 1988, remains unchanged because the basic responsibilities of bank directors are timeless. However, all bank directors will benefit from remaining up-to-date on the corporate governance lessons and experiences of other bankers and bank supervisors.
  • This special edition highlights key governance concepts, roles, and responsibilities of directors and senior management, and discusses how FDIC examiners evaluate governance at community banks. A list of resources, with links to regulations, guidance and training materials, is included to help community bank directors fulfill their duties.
  • Suggestions for article topics and requests for permission to reprint articles should be e-mailed to supervisoryjournal@fdic.gov . Requests for print copies should be e-mailed to publicinfo@fdic.gov .

Distribution:

  • FDIC-supervised Institutions

Suggested Routing:

  • Chief Executive Officer
  • Compliance Officer

Paper copies may be obtained through the FDIC's Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (1-877-275-3342 or 703-562-2200).

Additional Related Topics:

  • Corporate Governance
  • Pocket Guide for Directors
FIL-23-2016

Last Updated: April 5, 2016