On March 28, 2024, the FDIC issued the March 2024 edition of the Consumer Compliance Supervisory Highlights. The purpose of this publication is to enhance transparency regarding the FDIC’s consumer compliance supervisory activities and to provide a high-level overview of consumer compliance issues identified in 2023 through the FDIC’s supervision of state non-member banks and thrifts.

According to the FDIC’s release, the latest edition of Consumer Compliance Supervisory Highlights includes a summary of the results of the FDIC’s examinations of supervised institutions, supervisory observations related to consumer protection laws, regulatory developments, and consumer compliance resources. In addition, the publication provides a summary of consumer complaint trends. The said information is intended to support efforts to manage consumer compliance responsibilities and stay abreast of regulatory topics.

Read the FDIC’s full release here.

The full publication of the FDIC’s Consumer Compliance Supervisory Highlights can be found here.

Adam Witmer

Adam Witmer is a speaker, author, and founder of the Compliance Cohort. Adam has taught hundreds of seminars and training sessions to thousands of bankers throughout the United States and teaches on all areas of regulatory compliance. Adam has written five e-books that he never published, hit a grizzly bear while driving in a National Park, and is an award winning photographer and musician (though he no longer takes photos nor plays any instruments). In his spare time, Adam can be found kayaking on the lake, doing taekwondo with his kids, working on his (project) house, or spending time with his family.

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