Skip to main content
 
  • Click to open or close the program search boxShow Me Programs
    • Show me the programs that are
      performing Go
    • Show me the programs that are
      not performing Go
ExpectMore.govExpectMore.gov home pageEXPECT FEDERAL PROGRAMS TO PERFORM WELL, AND BETTER EVERY YEAR.
 
Program Assessment

Program

View Assessment Details

Federal Deposit and Insurance Corporation: Regulation and Examination

The FDIC regulation and examination program ensures the safety and soundness of FDIC-supervised institutions, protects consumer rights, and ensures that FDIC-supervised institutions invest in their communities. Prepared by OMB, this assessment does not necessarily reflect the views of the FDIC.

Rating

What This Rating Means

PERFORMING
Effective

This is the highest rating a program can achieve. Programs rated Effective set ambitious goals, achieve results, are well-managed and improve efficiency.
  • The FDIC is an effective supervisor of its segment of the nation's banking system. As outlined in recent GAO and CBO reports, however, its overlapping responsibilities with other federal and state agencies may lead to inefficiencies and duplicative efforts throughout the U.S. financial services regulatory system.
  • The FDIC effectively uses internal scorecards and performance measures to track progress towards meeting annual outcome and efficiency goals. While there is ample qualitative evidence that the FDIC has met its long term goals, the FDIC is encouraged to develop quantifiable measures to better measure program outcomes.
  • The FDIC's program and financial management policies are generally strong, although its rulemaking process could incorporate impact/net benefit analysis similar to that set forth in E.O. 12866 for significant rulemaking actions.

Improvement Plan

About Improvement Plans

We are taking the following actions to improve the performance of the program:

Learn More
The content on ExpectMore.gov is developed by the U.S. Office of Management and Budget and Federal agencies.