Supervision and Regulation

As part of its core mission, the supervision and regulation department is responsible for supervising and regulating state-chartered banks that are members of the Federal Reserve System, bank holding companies, savings and loan bank holding companies and financial holding companies. Organizations within the boundaries of the Seventh District are located within portions of Illinois, Indiana, Michigan, Wisconsin and all of Iowa.

The supervision of these institutions is conducted via a risk assessment process that is comprised of three basic elements — risk identification, risk analysis and risk resolution. Using this risk assessment process ensures that appropriate attention is given to the areas that pose the greatest risk to the institution, the Federal Deposit Insurance funds and the nation's payments system.