Regional Banks and Foreign Banks with U.S. Assets < $100 Billion
The Federal Reserve's regional and foreign banking organizations (RFBO) program supervises domestic banking organizations with total consolidated assets between $10 billion and $100 billion and foreign banking organization's (FBO) branches and agencies operating in the United States with assets less than $100 billion.
Supervision of regional state member banks consists of risk-focused examinations and off-site monitoring. Supervision of foreign banks with smaller U.S. footprints (less than $100 billion in U.S. assets) are primarily focused on point-in-time examinations. The inspection scope and frequency of the Federal Reserve's regional bank holding companies (BHCs) and savings and loan holding companies (SLHCs) depends on the organization's asset size, complexity of activities, and condition. BHCs and SLHCs are assigned annual ratings based on supervisory work conducted throughout the year.
The Federal Reserve uses the RFI rating system for assessing a regional BHC or SLHC. The RFI rating system is composed of the following three components, (1) Risk Management, (2) Financial Condition, and (3) the potential Impact of the parent and nondepository subsidiaries on the subsidiary depository institutions.
For FBOs, the Federal Reserve assigns a composite rating for the U.S. operations based on a holistic assessment of the U.S. operations. branches, agencies, and other legal entities. Branches and agencies are rated using the ROCA rating system, which has four components: risk management, operational controls, compliance and asset quality. In the supervision and regulation of FBOs, the Federal Reserve gives due regard to the principle of national treatment and equality of competitive opportunity.
For more information, see: Supervision and Regulation (SR) letters related to supervision of regional and foreign banks with U.S. assets < $100 billion.
Also, see: Resources for Supervised Institutions