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Committee Detail

Note: An Annual Comprehensive Review, as required by §7 of the Federal Advisory Committee Act, is conducted each year on committee data entered for the previous fiscal year (referred to as the reporting year). The data for the reporting year is not considered verified until this review is complete and the data is moved to history for an agency/department. See the Data From Previous Years section at the bottom of this page for the committee’s historical, verified data.

Details on agency responses to committee recommendations can be found under the Performance Measures section for each committee in the fields “Agency Feedback” and “Agency Feedback Comment.”

FDIC - 12171 - FDIC Advisory Committee on Banking Policy - Agency Authority


Committee NameFDIC Advisory Committee on Banking PolicyAgency NameFederal Deposit Insurance Corporation
Fiscal Year2006Committee Number12171
Original Establishment Date1/6/2002Committee StatusTerminated
Actual Termination Date2/12/2006Committee URL 
New Committee This FYNoPresidential Appointments*No
Terminated This FYYesMax Number of Members*Unlimited
Current Charter Date2/12/2004Designated Fed Officer Position Title*Deputy General Counsel
Date Of Renewal Charter2/12/2006Designated Federal Officer Prefix
Projected Termination Date2/12/2006Designated Federal Officer First Name*Erica
Exempt From Renewal*NoDesignated Federal Officer Middle NameF.
Specific Termination AuthorityDesignated Federal Officer Last Name*Bovenzi
Establishment Authority*Agency AuthorityDesignated Federal Officer Suffix
Specific Establishment Authority*Agency Decision DocumentDesignated Federal Officer Phone*(202) 898-6551
Effective Date Of Authority*1/6/2002Designated Federal Officer Fax*202-898-7394
Exempt From EO 13875 Discretionary Cmte Designated Federal Officer Email*
Committee Type*Continuing
Committee Function*Other Committee


Agency Recommendation*Terminate
Legislation to Terminate RequiredNo
Legislation Status 
How does cmte accomplish its purpose?*The scope and objectives are to provide advice and recommendations on a broad range of issues dealing with the delivery of services by the FDIC, its corporate infrastructure, and policy initiatives in the areas of deposit insurance, supervision of financial institutions, resolutions and management of failing and failed institutions and other issues impacting the financial services industry. The duties and responsibilities of the committee will be to provide advice and recommendations on issues impacting the banking industry which in turn will help the FDIC to identify and prioritize issues of concern in advance of problems which could adversely affect the insurance funds or the effective functioning of the FDIC. The Committee will also explore policy options for changes in statutes, regulations, or supervisory practices or procedures that will better secure the public policy goals of financial institution regulation and maintain a safe, competitive, and innovative banking system.
How is membership balanced?*Members will be appointed that can effectively represent the varied and diverse interests affected by the range of issues to be considered. The Committee's membership may include, among others, representatives from academia, financial institutions, financial services industry, private industry, consumer or public interest groups, state supervisory authorities, or others impacted by banking-related and operational issues.
How frequent & relevant are cmte mtgs?*Estimated Number of Meetings per Year - 2 No meetings in FY 2006
Why advice can't be obtained elsewhere?*This committee is essential due to the increasing complexities and challenges facing the United States banking and financial services industry through changing technologies, changing economic conditions and trends domestically and internationally, globalization of financial markets, and various social factors. The Committee will provide a forum for the exchange of views through discussion and debate on current and emerging issues facing the FDIC and the nation's banking system. Members, who will not be from the Federal government, will provide guidance and valuable information and perspectives that are not generally available through other sources within the FDIC or the Federal government.
Why close or partially close meetings?
Recommendation Remarksn/a


Outcome Improvement To Health Or Safety*NoAction Reorganize Priorities*No
Outcome Trust In GovernmentYesAction Reallocate ResourcesNo
Outcome Major Policy ChangesNoAction Issued New RegulationsNo
Outcome Advance In Scientific ResearchNoAction Proposed LegislationNo
Outcome Effective Grant MakingNoAction Approved Grants Or Other PaymentsNo
Outcome Improved Service DeliveryYesAction OtherNo
Outcome Increased Customer SatisfactionYesAction CommentWe obtained valuable feedback from the individual members on various policy issues and agency initiatives. As a result of member feedback, additional steps were incorporated into our procedures for formulation and review of the annual Corporate budget.
Outcome Implement Laws/Reg RequirementsNoGrants Review*No
Outcome OtherNoNumber Of Grants Reviewed0
Outcome CommentNANumber Of Grants Recommended0
Cost Savings*Unable to DetermineDollar Value Of Grants Recommended$0.00
Cost Savings CommentNAGrants Review CommentNA
Number Of Recommendations*0Access Contact Designated Fed. Officer*No
Number Of Recommendations CommentThe advisory committee has only held four meetings since it was established, and there have not been any recommendations provided by the committee as a group. However, through discussions on various topics, individual members have provided individual opinions and/or advice on particular issues.Access Agency WebsiteYes
% of Recs Fully Implemented*0.00%Access Committee WebsiteNo
% of Recs Fully Implemented CommentNAAccess GSA FACA WebsiteYes
% of Recs Partially Implemented*0.00%Access PublicationsNo
% of Recs Partially Implemented CommentNAAccess OtherNo
Agency Feedback*YesAccess CommentAccess to committee information may be obtained from the CMO and also is available in the FDIC Reading Room.
Agency Feedback Comment*The advisory committee was specifically advised through written communications and at meetings.Narrative Description*The advisory committee supports the FDIC through its advice and reommendations regarding issues impacting the banking industry, the delivery of services by the FDIC, its corporate infrastructure, and policy initiatives in the areas of deposit insurance, supervision of financial institutions, and resolutions and management of failing and failed institutions.
Hide Section - COSTS


Payments to Non-Federal Members*$0.00Est Payments to Non-Fed Members Next FY*$0.00
Payments to Federal Members*$0.00Est. Payments to Fed Members Next FY*$0.00
Payments to Federal Staff*$0.00Estimated Payments to Federal Staff*$0.00
Payments to Consultants*$0.00Est. Payments to Consultants Next FY*$0.00
Travel Reimb. For Non-Federal Members*$0.00Est Travel Reimb Non-Fed Members nextFY*$0.00
Travel Reimb. For Federal Members*$0.00Est Travel Reimb For Fed Members*$0.00
Travel Reimb. For Federal Staff*$0.00Est. Travel Reimb to Fed Staff Next FY*$0.00
Travel Reimb. For Consultants*$0.00Est Travel Reimb to Consultants Next FY*$0.00
Other Costs$0.00Est. Other Costs Next FY*$0.00
Total Costs$0.00Est. Total Next FY*$0.00
Date Cost Last Modified Est. Fed Staff Support Next FY*0.00
Federal Staff Support (FTE)*0.00Est Cost Remarks
Cost Remarks  
Hide Section - Interest Areas

Interest Areas

No interest areas selected for this committee.


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Data from Previous Years

ActionCommittee System IDCommittee NameFiscal Year
 COM-013810FDIC Advisory Committee on Banking Policy2005
 COM-014629FDIC Advisory Committee on Banking Policy2004
 COM-015859FDIC Advisory Committee on Banking Policy2003
 COM-016604FDIC Advisory Committee on Banking Policy2002