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Committee Detail

Note: An Annual Comprehensive Review, as required by §7 of the Federal Advisory Committee Act, is conducted each year on committee data entered for the previous fiscal year (referred to as the reporting year). The data for the reporting year is not considered verified until this review is complete and the data is moved to history for an agency/department. See the Data From Previous Years section at the bottom of this page for the committee’s historical, verified data.


FDIC - 84588 - Advisory Committee of State Regulators - Agency Authority
Hide Section - GENERAL INFORMATION

GENERAL INFORMATION

Committee NameAdvisory Committee of State RegulatorsAgency NameFederal Deposit Insurance Corporation
Fiscal Year2020Committee Number84588
Original Establishment Date12/17/2019Committee StatusChartered
Actual Termination Date Committee URLhttps://www.fdic.gov/about/acsr/
New Committee This FYYesPresidential Appointments* 
Terminated This FY Max Number of Members*15
Current Charter Date12/17/2019Designated Fed Officer Position Title*Deputy to the Chairman for External Affairs and DFO
Date Of Renewal Charter12/17/2021Designated Federal Officer PrefixMr.
Projected Termination Date Designated Federal Officer First Name*Chad
Exempt From Renewal* Designated Federal Officer Middle NameR.
Specific Termination AuthorityDesignated Federal Officer Last Name*Davis
Establishment Authority*Agency AuthorityDesignated Federal Officer Suffix
Specific Establishment Authority*11/19/19 Board ResolutionDesignated Federal Officer Phone*(202) 898-6769
Effective Date Of Authority*11/19/2019Designated Federal Officer Fax*(202) 898-3500
Exempt From EO 13875 Discretionary CmteExempt: Independent Regulatory AgencyDesignated Federal Officer Email*chaddavis@fdic.gov
Committee Type*Continuing
Presidential*No
Committee Function*National Policy Issue Advisory Board
Hide Section - RECOMMENDATION/JUSTIFICATIONS

RECOMMENDATION/JUSTIFICATIONS

Agency Recommendation* 
Legislation to Terminate Required 
Legislation Status 
How does cmte accomplish its purpose?*The Committee will provide advice and recommendations to the FDIC on a broad range of policy issues regarding the regulation of state-chartered financial institutions throughout the United States, including its territories. The Committee will provide a forum where state regulators and the FDIC can discuss a variety of current and emerging issues that have potential implications regarding the regulation and supervision of state-chartered financial institutions. The Committee is intended to facilitate regular discussion of: safety and soundness and consumer protection issues; the creation of new banks; the protection of our nation’s financial system from risks such as cyber-attacks or money laundering; and other timely issues.
How is membership balanced?*To achieve a balanced membership, the members of the Committee will represent regulators of state-chartered financial institutions from across the United States, including its territories. No Special Government Employees and no Regular Government Employees are expected to be on the Committee. However, membership balance is not static and may change, depending on the work of the Committee. To achieve balance on the Committee, the FDIC may include as Committee members other individuals with expertise in the regulation of state-chartered financial institutions.
How frequent & relevant are cmte mtgs?*The Committee shall meet at such intervals as are necessary to carry out its functions. It is anticipated that the Committee will meet at least two times per year.
Why advice can't be obtained elsewhere?*
Why close or partially close meetings?N/A
Recommendation Remarks
Hide Section - PERFORMANCE MEASURES

PERFORMANCE MEASURES

Outcome Improvement To Health Or Safety* Action Reorganize Priorities* 
Outcome Trust In GovernmentYesAction Reallocate Resources 
Outcome Major Policy ChangesYesAction Issued New Regulations 
Outcome Advance In Scientific Research Action Proposed Legislation 
Outcome Effective Grant Making Action Approved Grants Or Other Payments 
Outcome Improved Service DeliveryYesAction Other 
Outcome Increased Customer Satisfaction Action Comment
Outcome Implement Laws/Reg RequirementsYesGrants Review* 
Outcome Other Number Of Grants Reviewed 
Outcome CommentNumber Of Grants Recommended 
Cost Savings*Unable to DetermineDollar Value Of Grants Recommended 
Cost Savings CommentGrants Review Comment
Number Of Recommendations* Access Contact Designated Fed. Officer* 
Number Of Recommendations CommentAccess Agency WebsiteYes
% of Recs Fully Implemented* Access Committee WebsiteYes
% of Recs Fully Implemented CommentAccess GSA FACA WebsiteYes
% of Recs Partially Implemented* Access Publications 
% of Recs Partially Implemented CommentAccess OtherYes
Agency Feedback* Access CommentCurrent documentation availability reflects that an initial meeting did not occur in FY 2020. Access to committee information may be obtained from the FDIC Advisory Committee of State Regulators website located at https://www.fdic.gov/about/acsr/ and is also available in the FDIC Public Information Center.
Agency Feedback Comment*Narrative Description*
Hide Section - COSTS

COSTS

Payments to Non-Federal Members* Est Payments to Non-Fed Members Next FY* 
Payments to Federal Members* Est. Payments to Fed Members Next FY* 
Payments to Federal Staff*$9,766.32Estimated Payments to Federal Staff*$200,000.00
Payments to Consultants* Est. Payments to Consultants Next FY* 
Travel Reimb. For Non-Federal Members* Est Travel Reimb Non-Fed Members nextFY*$15,000.00
Travel Reimb. For Federal Members* Est Travel Reimb For Fed Members* 
Travel Reimb. For Federal Staff* Est. Travel Reimb to Fed Staff Next FY* 
Travel Reimb. For Consultants* Est Travel Reimb to Consultants Next FY* 
Other Costs Est. Other Costs Next FY*$5,000.00
Total Costs$9,766.32Est. Total Next FY*$220,000.00
Federal Staff Support (FTE)*0.20Est. Fed Staff Support Next FY*2.00
Cost RemarksNo meetings were held in FY 2020.Est Cost RemarksThe Advisory Committee of State Regulators had held one meeting in FY 2021 and plans to hold an additional meeting in FY 2021 which accounts for the increased costs.
Hide Section - Interest Areas

Interest Areas

Category
Area
Business
Small Business
Finance
Banking
Credit
Finance
Hide Section - MEMBERS,MEETINGS AND ADVISORY REPORTS

MEMBERS,MEETINGS AND ADVISORY REPORTS

To View all the members, meetings and advisory reports for this committee please click here
Hide Section - CHARTERS AND RELATED DOCS

CHARTERS AND RELATED DOCS

No Documents Found