Federal Deposit Insurance Corporation

3501 Fairfax Drive, Arlington, VA 22226-3500 Office of Minority and Women Inclusion

March 9, 2017

To: Presidents/Chief Executive Officers of FDIC Regulated Financial Institutions 

This letter serves as a reminder of the information shared with you in October 2016 regarding the 

Interagency Policy Statement Establishing Joint Standards for Assessing the Diversity Policies 

and Practices of Entities Regulated by the Agencies (Policy Statement) and the process for 

voluntary submissions of diversity information to the Office of Minority and Women Inclusion 

(OMWI) at the Federal Deposit Insurance Corporation (FDIC). The FDIC encourages its 

regulated financial institutions to conduct a self-assessment of your 2016 diversity policies and 

practices using the Standards identified in the Policy Statement. 

Section 342 of the Dodd-Frank Wall Street Reform and Consumer Protection Act required the 

federal financial regulatory agencies to establish OMWIs and instructed the OMWI Director at 

each agency to develop standards for assessing the diversity policies and practices of institutions 

regulated by that agency. In response, the FDIC, together with other federal financial regulators,

issued the Policy Statement on June 10, 2015. 

The Standards identified in the Policy Statement offer guidance and a framework that enable an 

institution to voluntarily assess its diversity and inclusion practices in several key areas: 

 Organizational Commitment to Diversity and Inclusion;

 Workforce Profile and Employment Practices;

 Procurement and Business Practices – Supplier Diversity;

 Practices to Promote Transparency of Organizational Diversity and Inclusion; and,

 Entities’ Self-Assessment.

On February 18, 2016, the Office of Management and Budget approved the collection of selfassessment information from regulated entities. Entities are encouraged to submit their selfassessment to their primary federal financial regulator, which in the case of your institution is the 

FDIC. You are also strongly encouraged to make information pertaining to your assessment 

public through your website or other mediums. 

The FDIC is pleased by the voluntary participation of its regulated financial institutions thus far 

in conducting and submitting information relevant to their self-assessments and is providing the 

Diversity Self-Assessment of FDIC Regulated Financial Institutions instrument to assist other 

institutions with their self-assessment. The electronic self-assessment instrument, the associated 

guidance for completing and submitting the assessment, and other resources are available on the 

FDIC’s website at www.fdic.gov/about/diversity. 

Please pass this information to your Chief Diversity Officer and/or Supplier Diversity Officer or 

equivalent. We are requesting submission of your voluntary 2016 diversity self-assessment by 

April 28, 2017. Your self-assessment can be submitted to Section342@fdic.gov.
For further information related to the Policy Statement and the submission of the diversity selfassessments, please contact Victor Christiansen, Chief, Minority and Women Business Diversity 

and Inclusion Branch at (703) 562-2623 or by email at VChristiansen@fdic.gov. 

Sincerely,

/s/

Saul Schwartz

Acting Director