NWHSU’s Nancy Rubin participates in FDIC’s subcommittee

NWHSU | March 11, 2019

FDIC’s Subcommittee on Supervision Modernization for the Advisory Committee on Community Banking Holds its Inaugural Meeting

The inaugural meeting of the Federal Deposit Insurance Corporation’s (FDIC) Subcommittee on Supervision Modernization took place in Washington, D.C. March 5th-6th.

The subcommittee was established to support the FDIC’s Advisory Committee on Community Banking by considering how the FDIC can leverage technology and refine processes to make the examination program more efficient, while managing and training a geographically dispersed workforce.

“I am grateful to the subcommittee members for taking the time from their extremely busy schedules to play a vital role in the continued evolution of the FDIC, by informing the agency’s efforts in modernizing our supervisory examination process,” said FDIC Chairman Jelena McWilliams. “Their diverse backgrounds will help the FDIC identify new ways to improve the examination program and promote transparency, accountability, and efficiency in our operations.”

The initial two-day meeting will consist of an overview of the FDIC and its structure, a discussion of the current bank examination program, and a review of existing technology and data sources relied on to conduct examinations.

Northwestern Health Sciences University’s own dean continuing education and distance education, Nancy Rubin, is a member of the subcommittee. To learn more and see the full list of members, click here.