Illinois Administrative Code › Title 38 - FINANCIAL INSTITUTIONS › Part 385 - RULES GOVERNING THE REQUEST FOR RECONSIDERATION OF EXAMINATION FINDINGS › Section 385.20 - Definitions

Current through Register Vol. 48, No. 28, July 12, 2024
"Assistant Commissioner" means the Assistant Commissioner of
				Banks and Real Estate, Bureau of Banks and Trust Companies.
"Commissioner" means the Commissioner of Banks and Real Estate
				or a person authorized by the Commissioner, the Office of Banks and Real Estate
				Act [20 ILCS 3205], or the Illinois Banking Act [205 ILCS 5].
"Chief Counsel" means the individual appointed by the
				Commissioner to serve as the Chief Counsel to the Office of Banks and Real
				Estate, Bureau of Banks and Trust Companies, or his or her delegated
				representative.
"Division Director" means the individual appointed by the
				Commissioner to directly manage and supervise the examination and regulation of
				specific Regulated Financial Institutions. Division Directors include, but are
				not limited to, the Administrator of Pawnbroker Regulation; the Director of
				Commercial Bank Supervision-Springfield; the Director of Commercial Bank
				Supervision-Chicago; the Director of International Bank Supervision; and the
				Director of Specialized Activities Supervision.
"Material Supervisory Determinations" include, but are not
				limited to, material determinations related to UFIRS Ratings assigned to a
				State bank, ROCA/ROC Ratings assigned to a Foreign Banking Office or Foreign
				Banking Representative Office, UITRS Ratings assigned to a corporate fiduciary,
				and URSIT Ratings assigned to Information Technology; rating assigned to a
				State bank or savings bank pursuant to the Illinois Community Reinvestment Act
				[205 ILCS 735] the adequacy of loan reserve provisions; loan classifications;
				and findings resulting from an examination of a pawnshop.
"ROCA/ROC Rating" means the rating assigned to a Foreign
				Banking Office and a Foreign Bank Representative Office, respectively, by the
				Commissioner based upon a composite evaluation of the following performance
				components: Risk Management; Operational Controls; Compliance; and Asset
				Quality. The rating assigned to each individual performance component will be
				assigned a range of 1 through 5, with 1 being the highest possible rating and 5
				being the lowest possible rating.
"Regulated Financial Institution" means a pawnshop, bank,
				savings bank, corporate fiduciary, foreign banking office, foreign bank
				representative office, or a subsidiary, affiliate, parent company, or
				contractual service provider of the bank, savings bank, corporate fiduciary,
				foreign banking office, or foreign bank representative office, subject to
				examination by the Commissioner.
"UFIRS Rating" means the rating assigned to a State bank by the
				Commissioner based upon a composite evaluation of the following six individual
				performance components of the Uniform Financial Institutions Rating System:
				Capital; Asset Quality; Management; Earnings; Liquidity; and Sensitivity to
				Market Risk. The UFIRS Rating and the rating assigned to each individual
				performance component will be assigned a range of 1 through 5, with 1 being the
				highest possible rating and 5 being the lowest possible rating.
"UITRS Rating" means the rating assigned to a corporate
				fiduciary by the Commissioner based upon a composite evaluation of the
				following performance components of the Uniform Interagency Trust Rating
				System: Management; Operations, Internal Controls and Auditing; Earnings;
				Compliance; and Asset Management. The rating assigned to each individual
				performance component will be assigned a range of 1 through 5, with 1 being the
				highest possible rating and 5 being the lowest possible rating.
"URSIT Rating" means the rating assigned to a Regulated
				Financial Institution's information systems by the Commissioner based upon a
				risk evaluation of the following components of the Uniform Rating System for
				Information Technology: Audit; Management; Development and Acquisition; and
				Support and Delivery. The rating assigned to each individual performance
				component will be assigned a range of 1 through 5, with 1 being the highest
				possible rating and 5 being the lowest possible rating.