FFIEC

The FFIEC, or Federal Financial Institutions Examination Council, is a U.S. government body that oversees the regulation and supervision of financial institutions, such as banks and credit unions. Established to enhance the quality of federal bank supervision, the FFIEC provides guidelines and standards to ensure these institutions operate safely and soundly. It also promotes uniformity in regulatory practices across different agencies. By offering training, resources, and support, the FFIEC helps protect consumers, maintain public confidence in the financial system, and ensure fairness in lending and financial services.