Lending institutions (41 - 50 of 56 items)
Credit Availability Guidance
GGD-93-15R: Published: Mar 30, 1993. Publicly Released: Mar 30, 1993.
Pursuant to a congressional request, GAO reviewed regulatory policy initiatives that address the continued decline in credit availability. GAO found that: (1) regulators have issued financial guidance to clarify existing policies relating to financial institutions' assets and capital requirements; (2) uniform regulatory guidance ensures that bank examiners consistently evaluate the safety and soun...
Banks: Call Report Automation
IMTEC-92-60R: Published: May 28, 1992. Publicly Released: May 28, 1992.
Pursuant to a congressional request, GAO examined banks' call-report systems to determine whether they were using automation to make call reports available to bank regulators and the public. GAO found that: (1) by reducing call report processing time with electronic systems, federal regulators could obtain vital financial indicator information quickly, which would help to minimize Bank Insurance F...
Government-Sponsored Enterprises: Using Private Risk Ratings for Exemptions From Federal Regulations
GGD-92-10: Published: Nov 6, 1991. Publicly Released: Nov 6, 1991.
GAO compared the risk ratings of government-sponsored enterprises (GSE) done by bank regulators and nationally recognized statistical rating organizations (NRSRO).GAO found that: (1) although NRSRO ratings and banks' process of assessing capital, assets, management, earnings, and liquidity (CAMEL) to determine rate risks were similar, they differed often enough that one could not be readily substi...
OCC's Supervision of the Bank of New England
T-GGD-91-66: Published: Sep 19, 1991. Publicly Released: Sep 19, 1991.
GAO discussed its review of a major bank's failure, focusing on the: (1) causes of the failure; (2) Office of the Comptroller of the Currency (OCC) efforts to adequately assess safety and soundness deficiencies at the bank; and (3) extent to which insider activity may have contributed to the failure. GAO noted that: (1) the bank grew rapidly from fiscal year (FY) 1985 to FY 1988, mainly through ac...
Bank Supervision: OCC's Supervision of the Bank of New England Was Not Timely or Forceful
GGD-91-128: Published: Sep 16, 1991. Publicly Released: Sep 16, 1991.
Pursuant to a congressional request, GAO reviewed a major bank's failure, focusing on the: (1) causes of the failure; (2) extent to which insider activity may have contributed to the failures; and (3) Office of the Comptroller of the Currency (OCC) efforts to adequately assess safety and soundness deficiencies at the banks.GAO found that: (1) the bank grew rapidly from fiscal year (FY) 1985 to FY...
Credit Unions: Reforms for Ensuring Future Soundness
GGD-91-85: Published: Jul 10, 1991. Publicly Released: Jul 10, 1991.
Pursuant to a legislative requirement, GAO examined: (1) the financial condition of credit unions; (2) the regulation and supervision of credit unions; (3) the structure of the credit union industry; (4) the evolving role of credit unions in the financial marketplace; and (5) a certified public accountant's audits of the National Credit Union Administration's (NCUA) Operating and Share Insurance F...
Deposit Insurance: A Strategy for Reform
GGD-91-26: Published: Mar 4, 1991. Publicly Released: Mar 4, 1991.
Pursuant to a legislative requirement, GAO reviewed issues associated with reforming the federal deposit insurance system, focusing on whether such reforms will result in a more safe, sound, and stable banking industry.GAO presented a comprehensive three-part reform program that could change the way banks are regulated and supervised, as well as the way the deposit insurance system functions, focu...
Deposit Insurance and Related Reforms
T-GGD-90-46: Published: Sep 19, 1990. Publicly Released: Sep 19, 1990.
GAO discussed deposit insurance reform. GAO noted that the current deposit insurance system is not the relatively and inexpensive proposition it appeared to be in the past because most of the characteristics which deflected risk away from the banks have been stripped away or significantly diminished due to advances in technology and other factors. GAO also noted that actions that could align the d...
Savings and Loan Crisis: Federal Response to Fraud in Financial Institutions
T-GGD-90-61: Published: Aug 1, 1990. Publicly Released: Aug 1, 1990.
GAO discussed the federal response to fraud in depository institutions. GAO noted that: (1) in the past 4.5 years, 831 banks and 515 thrifts have failed and have been resolved; (2) of the 7,097 financial institution fraud investigations underway, 3,027 were major investigations involving banks', thrifts', and credit unions' potential losses of $100,000 or more; (3) the full cost of insured thrift...
International Banking: Supervision of Overseas Lending Is Inadequate
NSIAD-88-87: Published: May 5, 1988. Publicly Released: May 12, 1988.
Pursuant to a congressional request, GAO assessed the Department of the Treasury's Office of the Comptroller of the Currency's (OCC), the Federal Reserve System's (FRS), and the Federal Deposit Insurance Corporation's (FDIC) supervision of U.S. banks' international lending, focusing on the agencies': (1) compliance with the International Lending Supervision Act of 1983; and (2) actions in response...