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Supervision, Regulation and Credit supervises all state-chartered banks in the Fifth District that have elected to become members of the Federal Reserve. In addition, this department supervises bank holding companies, savings and loan holding companies, and the operations of any foreign bank conducting business in our District.

We ensure a strong and stable banking system by making sure banks follow the rules to keep your money safe. We do this through commercial bank examinations and bank holding company inspections that evaluate the soundness of an institution’s assets and the effectiveness of internal operations, policies and management.

We operate under a relationship structure that allows us to be responsive, and we have an experienced team with diverse skills located in Richmond, Baltimore and Charlotte.

By continually seeking feedback from leaders of our member banks on the quality and efficiency of the examination and overall supervisory process, we provide value added supervision through helpful training and learning opportunities outside of our examination program.  

The Community and Regional Bank Supervision Group oversees all state member banks as well as bank holding companies and savings and loan holding companies with assets below $50 billion.

We assess and monitor the safety and soundness of these entities through on-site and off-site examinations and inspections, analysis of reported financials, and ongoing two-way communications between the Richmond Fed and the financial institutions. Additionally, Consumer Affairs examiners evaluate a state member bank’s compliance with consumer protection laws and regulations.

Large Financial Institution Supervision

When financial institutions have assets over $50 billion, it substantially increases the supervisory rigor that’s required. If a firm is considered “systemically significant” to the American economy, then even more oversight is necessary. Our Large Financial Institution Supervision unit focuses on the large firms that are headquartered within the Fifth District and works with Reserve Banks across the country to coordinate oversight of large firms nationwide. We work with firms to make sure they are handling their risks appropriately and are well positioned to be resilient in the face of challenging business conditions.

Exam Process

Target exams may be performed on any bank, bank holding company, or financial holding company. Target exams review specific areas of companies.Targeted reviews are generally performed on the larger, more complex banking organizations as part of the continuous supervision process to focus more effectively on a company’s principal risks and internal systems for managing those risks.

Enforcement Actions

Enforcement actions are necessary for violations of laws, rules, or regulations, unsafe or unsound practices, breaches of fiduciary duty, and violations of final orders. Actions can be assessed against any entity the Federal Reserve has authority to supervise, including officers, directors, and employees. Formal enforcement actions include written agreements, cease and desist orders, removal and prohibition orders, and orders assessing civil money penalties.

Banking Studies

Each Reserve Bank tracks macro banking and economic trends and conditions in its region. This supports the supervisory process through the preparation of banking/economic studies and by development of new monitoring tools. Specific emphasis is given to areas of emerging risk and banking policy issues to determine the potential impact on supervised institutions.

Additional Resources

  • SR Letters
    Supervision and Regulation Letters, commonly known as SR Letters, address significant policy and procedural matters related to the Federal Reserve System's supervisory responsibilities.
  • Supervision Manuals  

Contact Us


Supervision, Regulation & Credit
(804) 697-8000