Macro Financial Solutions | FDIC Part 370 Recordkeeping
15669
page-template,page-template-full_width,page-template-full_width-php,page,page-id-15669,ajax_fade,page_not_loaded,,side_area_uncovered_from_content,footer_responsive_adv,qode-child-theme-ver-,qode-theme-ver-16.7,qode-theme-bridge,wpb-js-composer js-comp-ver-5.5.2,vc_responsive
 

Recordkeeping

FDIC Part 370 Recordkeeping

The “Recordkeeping for Timely Deposit Insurance Determination” rule (FDIC’s 12 CFR Part 370) requires insured depository institutions with >2 million deposits to configure their IT systems to be capable of calculating the insured and uninsured amount in each deposit account by ownership right and capacity, and maintain complete and accurate information needed by the FDIC to determine deposit insurance coverage for each deposit account.

Part 370 readiness assessments

Rules set articulation

Compliance consulting

Software and tools development

Examination preparation and support

Financial regulatory solutions, consulting
and compliance readiness.