Regulatory Structure

Because you are a director of a regulated institution, it is important that you know something about the regulatory system under which it operates. Such information helps identify the agency responsible for supervising your bank.

Your bank's supervisor is another resource to draw upon for answers to regulatory questions and policy stances on supervisory issues. Many of the banking agencies designate a relationship manager (RM), central point of contact (CPC) or an examiner-in-charge (EIC) for your bank. This individual knows about your bank, its management and supervisory status, and serves as a specific contact point with your bank's primary bank regulator. That contact person can be a good starting point for finding answers to questions and discussing issues or concerns regarding your bank.

Lesson Objectives

This section provides you with a summary of bank supervision in the United States. When you finish this section of the course, you should be able to:

  1. recall why banks are regulated,
  2. match U.S. bank supervisory agencies with the respective banks each supervises and
  3. identify the supervising agencies for your bank.