The Federal Reserve Bank of San Francisco's Division of Banking Supervision and Regulation's mission is to promote the safety and soundness of the banking system, foster stability in financial markets, and ensure compliance with applicable laws and regulations, as well as to encourage banking institutions to responsibly meet the financial needs of their communities. These policies are designed to promote the safety and soundness of the banking system, to ensure compliance with statutes and regulations, and to encourage bankers to meet the needs of their communities. For this reason, the division has adopted eight Operating Principles to guide its processes.
Staff is available to meet with supervised institutions and others throughout the District.
In fulfillment of its Mission , the Division of Banking Supervision and Regulation adheres to the following key operating principles. The supervisory strategy is unique to each institution, thereby avoiding the rigid structures long associated with examination and other supervisory processes. Risk-focused supervision relies heavily on internal risk management processes. Those institutions with a demonstrated ability to identify, measure, monitor and control the risk of financial loss will receive a reduced level of regulatory scrutiny during onsite examination and application review. Reduced regulatory scrutiny may include infrequent examinations and minimal or no transaction testing and reduced application information and processing time requirements.