Are You Due For an Annual Interest Rate Risk Checkup

Financial Institutions

March 01, 2014
by Susi Massaro, Brian Blaha, CPA

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Susi Massaro Susi Massaro

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Brian Blaha Brian Blaha, CPA
Growth Partner

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The Federal Deposit Insurance Corporation (FDIC) issued a letter October 2013 to financial institutions saying the agency is increasingly concerned that some banks and thrifts are not sufficiently prepared for volatility or a sustained rise in interest rates. The FDIC is reemphasizing the need for oversight by the board and management, policy frameworks and prudent exposure limits, effective measurement and monitoring of interest rate risk, and risk mitigation strategies.

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Length: 2 pages (PDF 118 kB)

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