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FDIC’s McWilliams Touts Transparency Initiative

FDIC’s McWilliams Touts Transparency Initiative

Oct. 19, 2018 — FDIC Chairman Jelena McWilliams reiterated her agency’s focus on transparency in a speech before the International Association of Deposit Insurers. Noting the importance of public trust to an effective deposit-insurance system, McWilliams cited the FDIC’s new “Trust through Transparency” initiative.

The initiative features a new section of the FDIC website that provides performance metrics on its responsiveness to banks, applicants, and consumers. Metrics include data on exam and application turnaround times, FDIC call center responses, and supervisory and assessment appeals.

Read McWilliams’ Speech
Access Transparency Webpage

 

 

 

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