FDIC Exam - August 13

03/10/20 – The FDIC Exam is a big deal as the depositor insurance depends on the outcome of this review. We had 7 examiners in here for the week requesting items on top of the items they had requested digitally 30 days prior to their arrival. 

In the end the FDIC Exam was almost perfect. They had a few suggestions for the loan department but all in all went extremely well and the Accounting Dep. was rewarded for the two outstanding exams back to back.