Comparing Policies and Procedures of the Three Federal Bank Regulatory Agencies

In most cases, each of the three Federal bank regulatory agencies, the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve System (FRS), and the Office of the Comptroller of the Currency (OCC), establishes its own procedures for carrying out its wide range of responsibilities. The degree of consistency in the approaches used by the agencies depends on many factors, including management's philosophy and pertinent Federal or States laws.