Board of Governors of the Federal Reserve System October 2019 – Federal Register Recent Federal Regulation Documents

Request for Information on Application of the Uniform Financial Institutions Rating System
Document Number: 2019-23739
Type: Notice
Date: 2019-10-31
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions, Board of Governors of the Federal Reserve System
The Board of Governors of the Federal Reserve System (FRB) and the Federal Deposit Insurance Corporation (FDIC) and (collectively, the agencies) are seeking information and comments from interested parties regarding the consistency of ratings assigned by the agencies under the Uniform Financial Institutions Rating System (UFIRS). The assigned ratings are commonly known as CAMELS ratings. The agencies also are interested in receiving feedback concerning the current use of CAMELS ratings by the agencies in their bank application and enforcement action processes.