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The Federal Financial Institutions Examination Council (FFIEC) is a formal U.S. government interagency body composed of five banking regulators that is "empowered to prescribe uniform principles, standards, and report forms to promote uniformity in the supervision of financial institutions". [2]
Financial Institutions Regulatory and Interest Rate Control Act of 1978; Long title: An act To extend the authority for the flexible regulation of interest rates on deposits and accounts in depository institutions.
All regulated financial institutions in the United States are required to file periodic financial and other information with their respective regulators and other parties. . For banks in the U.S., one of the key reports required to be filed is the quarterly Consolidated Report of Condition and Income, generally referred to as the call report or RC rep
In the college financial aid process in the United States, a student's "need" is a figure that colleges use when calculating how much financial aid to offer a student. It is determined by taking the college's Cost of Attendance, which current rules require each college to specify. Then it is subtracted the student's Expected Family Contribution ...
An article published by "University World News" on 2 February 2018 stated that the higher education accreditation community, which confers the quality-assurance seal of approval that allows United States colleges and universities access to billions of dollars of federal student aid, must do a better job of explaining itself to the public if it ...
2. Open an account in a different ownership category. If you want to keep all your money in one FDIC-insured bank, you may be able to insure deposits of more than $250,000 by opening different ...
Student governments vary widely in their internal structure and degree of influence on institutional policy. At institutions with large graduate, medical school, and individual "college" populations, there are often student governments that serve those specific constituencies. Some student governments operate entirely independent of their ...
[citation needed] It required the agencies to issue Community Reinvestment Act (CRA) ratings publicly and do written performance evaluations using facts and data to support the agencies' conclusions. It also required a four-tiered CRA examination rating system with performance levels of "Outstanding," "Satisfactory," "Needs to Improve," or ...