Your Customized FDICIA Compliance Checklist and Timeline " />

Your Customized FDICIA Compliance Checklist and Timeline

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The recent disruption brought uncertainty and unchartered territory for many mid-sized banks. With the wildly popular Paycheck Protection Program (PPP) and low-interest rates, banks found themselves with unplanned additional assets added to their financial reporting and as a result, needing to be FDICIA compliant.

If your bank finds itself on the threshold of $1 billion in assets in 2022, now is the time to plan your approach and identify the right provider for Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA) compliance for your institution.

We understand this process is complex and overwhelming, especially of this is a new situation for your institution. Our step-by-step checklist and in-depth, customizable timeline will not only give you the tools necessary to plan ahead, but stay on schedule and be FDICIA compliant within an eight-month timeframe. It provides:

  • What to expect during the FDICIA compliance process
  • Average time to allot for each compliance phase
  • Objectives each step of the way

Ready to begin? Download our guide and schedule a free consultation with a member of our team today.

*CBIZ is a business consulting, tax and financial services provider and works closely with MHM (Mayer Hoffman McCann P.C.), an independent CPA firm providing audit, review and attest services.   CBIZ and MHM are members of Kreston International, a global network of independent accounting firms.