What is the FFIEC?


FFIEC is an acronym for the Federal Financial Institutions Examination Council. Established in 1979, the FFIEC is an inter-agency group that creates guidelines for standardizing federal audits of financial institutions by the following organizations:

  • the Board of Governors of the Federal Reserve System (FRB)
  • the Federal Deposit Insurance Corporation (FDIC)
  • the National Credit Union Administration (NCUA)
  • the Office of the Comptroller of the Currency (OCC)
  • the Consumer Financial Protection Bureau (CFPB)
  • the State Liaison Committee (SLC)

FFIEC rules are filtered through the aforementioned organizations down to the financial institutions under each entity’s respective purview. For a complete list of enforcement actions and orders by institution type, check out the FFIEC’s Enforcement Actions and Orders resource.

Downloadable FFIEC Materials

The FFIEC offers downloadable IT (information technology) booklets that provide guidance to examiners on a wide variety of topics:

  • IT audits
  • Business continuity management
  • Development and acquisition
  • E-banking
  • Information security
  • Management
  • Operations
  • Outsourcing technology services
  • Retail payment systems
  • Supervision of technology service providers
  • Wholesale payment systems

AccuSystems links to several resources from the FFIEC and related agencies. Visit our compliance resource center for quick links to FFIEC resources that are especially useful for loan administrators and loan operations teams.

Banking Compliance Resources

Looking for more information about bank compliance and loan operations? Be sure to check out our extensive resource library with free spreadsheets, whitepapers, and ebooks.

Browse our banking definitions page for more terminology.

Free Downloads

Bank auditor who is sitting at a desk and reviewing financial statements

Banks Audit & Exam Prep Study

[Study] Banks Audit & Exam Prep Learn how 187 other community bankers manage audit and exam prep. What’s Covered in this Summary Report? AccuSystems recently conducted a survey of 187 banking professionals, representing over $70 billion in combined assets at

Download for Free »
Desk that contains a laptop with the TicklerTrax spreadsheet

TicklerTrax Exception Spreadsheet

TicklerTrax™ Exception Spreadsheet Downloaded 1,000+ Times Looking for a free spreadsheet to track your financial institution’s exceptions? TicklerTrax might be the perfect tool for you! We’ve taken some of the basic logic from our top-rated document tracking system and boiled it

Download for Free »
Banker's desk that contains a stack of documents, a computer, and smartphone

eBook: Compliance & Bank Document Management

[eBook] Compliance & Bank Document Management Compliance is a tricky subject – especially when your financial institution is reliant on paper documents and manual tickler systems. In this free eBook, published by technology company, AccuSystems, you’ll encounter three compliance-related situations

Download for Free »

Related Articles