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FDIC Consumer Compliance Examination Manual (CEM)

May 14, 2020 / Source: FDIC

FDIC Consumer Compliance Examination Manual (CEM)

May 13, 2020

The CEM provides supervisory information to FDIC examination staff that conduct consumer compliance examinations, Community Reinvestment Act performance evaluations, and other supervisory activities.  It includes supervisory policies and examination procedures for evaluating financial institutions’ compliance with federal consumer protection laws and regulations.  The CEM is designed to promote consistency and efficiency in the examination process and compliance with applicable laws and regulations.  Financial institutions can use the CEM to obtain more information about the FDIC’s examination process.

April 2020 Updates

The FDIC updated the following section of the CEM: 

  • Pre-Examination Planning (II-4.1): The Pre-Examination Planning chapter was updated to incorporate changes to the process.
  • Pre-Examination Information Packet Template (III-1.1): Changes to the Pre-Examination Planning process have been reflected in the Template.
  • Truth in Lending Act (V-1.1): The TILA chapter was updated to reflect annual threshold changes. The escrow exemption and the appraisal exemption thresholds for higher priced mortgages and the credit card penalty fee safe harbor amount were increased.  
  • Home Mortgage Disclosure Act (V-9.1): The HMDA chapter was updated to reflect updated loan volume thresholds.  The asset size exemption thresholds were also updated.   
  • Consumer Leasing Act (V-10.1): The exemption threshold for consumer credit and lease transactions were increased.
  • Community Reinvestment Act (XI-1.1):  Asset-based definitions for Small Banks and Intermediate Small Banks were updated.


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