What Have Bankers Been Griping to FDIC's Ombudsman About?

FDIC's Ombudsman Cottrell Webster reports that during the first half of 2007, the following regulatory topics generated the most banker complaints:  Bank Secrecy Act (BSA), FDIC deposit insurance assessments, the FDIC applications process and the FDIC Special Alerts system. 

BUT, "Problems with the FDIC examination process, especially the lack of communication with bankers, replaced burdensome regulations as the most frequently expressed concern".

Link to Report:  http://www.fdic.gov/regulations/resources/ombudsman/feedback/message0807.html

(ag) Oct. 2, 2007, in FDIC