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H.R. 4437 — what changed

Supervisory Modifications for Appropriate Risk-based Testing Act of 2025

From Introduced in House to Reported in House. 1 added between Introduced in House and Reported in House.

Sec. 3 Examination practices

added
(a)
added Insured depository institutions— Section 10(d) of the Federal Deposit Insurance Act (12 U.S.C. 1820(d)), as amended by section 2(a), is further amended by adding at the end the following:

added “(12) Examination practices—With respect to on-site examination of an insured depository institution with less than $6,000,000,000 in total assets, the appropriate Federal banking agency shall—

added “(A) ensure the examination is led by, to the maximum extent practicable, an examiner with significant experience as an examiner;

added “(B) make every effort, to the maximum extent practicable, to minimize the number of examiners utilized and the amount of time spent at the institution to carry out the examination;

added “(C) make every effort, to the maximum extent practicable, to schedule the examination at a time that is convenient for the institution; and

added “(D) to the maximum extent practicable, give the institution advance notice of issues expected to be covered in the examination.

added “(13) Report—In its annual report to Congress, each Federal banking agency shall include—

added “(A) information on how the agency is complying with paragraphs (11) and (12); and

added “(B) aggregate data summarizing the agency’s examination practices with respect to insured depository institutions with less than $6,000,000,000 in total assets, including—

added “(i) the average experience of examiners, including the average number of years of examiner experience of those who lead on-site examinations;

added “(ii) the average number of examiners utilized; and

added “(iii) the average amount of time the agency spends visiting such institutions for on-site examinations.”

(b)
added Insured credit unions— Section 204 of the Federal Credit Union Act (12 U.S.C. 1784), as amended by section 2(b), is further amended by adding at the end the following:

added “(i) Examination practices—With respect to on-site examination of an insured credit union with less than $6,000,000,000 in total assets, the National Credit Union Administration shall—

added “(1) ensure the examination is led by, to the maximum extent practicable, an examiner with significant experience as an examiner;

added “(2) make every effort, to the maximum extent practicable, to minimize the number of examiners utilized and the amount of time spent at the credit union to carry out the examination;

added “(3) make every effort, to the maximum extent practicable, to schedule the examination at a time that is convenient for the credit union; and

added “(4) to the maximum extent practicable, give the credit union advance notice of issues expected to be covered in the examination.

added “(j) Report—In its annual report to Congress, the National Credit Union Administration shall include—

added “(1) information on how the Administration is complying with subsections (h) and (i); and

added “(2) aggregate data summarizing the Administration’s examination practices with respect to insured credit unions with less than $6,000,000,000 in total assets, including—

added “(A) the average experience of examiners, including the average number of years of examiner experience of those who lead on-site examinations;

added “(B) the average number of examiners utilized; and

added “(C) the average amount of time the Administration spends visiting such credit unions for on-site examinations.”