Federal Deposit Insurance Corporation

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

January 17, 2019

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

The Federal Deposit Insurance Corporation’s (FDIC) Financial Institution Diversity program is 

responsible for assessing the diversity policies and practices of FDIC-regulated financial 

institutions. In 2016 and 2017, the FDIC's Office of Minority and Women Inclusion (OMWI) 

encouraged the financial institutions it regulates to conduct annual self-assessments of their 

diversity policies and practices as outlined in the Interagency Policy Statement Establishing Joint 

Standards for Assessing the Diversity Policies and Practices of Entities Regulated by the 

Agencies (Policy Statement). 

As the FDIC’s OMWI Director, I am requesting that your institution submit its diversity selfassessment as described below. Please note that the submission of a diversity self-assessment is 

voluntary. Nevertheless, the assessment information is important for identifying and analyzing 

diversity and inclusion trends and best practices in the financial services industry. 

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

financial institutions to voluntarily assess their 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

• Entities' Self-Assessment

The FDIC’s OMWI is now collecting self-assessment data from FDIC-regulated financial 

institutions for the 2018 calendar year reporting period, and plans to continue adding to the 

baseline data for the 2016 and 2017 reporting periods. This includes a breakdown of aggregated 

assessment results by FDIC region and asset size, an overall breakdown for each of the five 

standards, and a summary of exemplary practices financial institutions have implemented as part 

of their recruitment, supplier diversity procurement, and training practices.

The FDIC will continue to provide the Diversity Self-Assessment of FDIC Regulated Financial 

Institutions instrument to assist institutions with their self-assessments. The electronic selfassessment instrument, associated guidance for completing and submitting the assessment, and 

other resources are available on the FDIC's website at www.fdic.gov/about/diversity under the 

Financial Institution Diversity Program.

We greatly appreciate all of the FDIC-regulated financial institutions that conducted selfassessments for the 2016 and/or 2017 calendar years. OMWI has analyzed the responses 

received for both years, and the analysis for these reporting periods can be found at 

www.fdic.gov/about/diversity. Please forward this letter to your Chief Diversity Officer and/or 
Supplier Diversity Officer, or equivalent. Your voluntary completion of the diversity selfassessment for calendar year 2018 will continue to raise awareness about diversity and inclusion 

practices throughout the financial industry. Your completed self-assessment for calendar year 

2018 may be submitted to FDIC, at Section342@fdic.gov, by March 31, 2019. 

For further information related to Section 342 and the submission of the diversity selfassessment, please contact me, Saul Schwartz, OMWI Director at (703) 562-2305, or by email at 

Section342@fdic.gov. 

Sincerely, 

Saul Schwartz 

OMWI Director