FACACLASSIC

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

GENERAL INFORMATION

Committee Name	FDIC Advisory Committee on Banking Policy	Agency Name	Federal Deposit Insurance Corporation
Fiscal Year	2006	Committee Number	12171
Original Establishment Date	1/6/2002	Committee Status	Terminated
Actual Termination Date	2/12/2006	Committee URL
Actual Merged Date		Presidential Appointments*	No
New Committee This FY	No	Max Number of Members*	Unlimited
Terminated This FY	Yes	Designated Fed Officer Position Title*	Deputy General Counsel
Merged This FY		Designated Federal Officer Prefix
Current Charter Date	2/12/2004	Designated Federal Officer First Name*	Erica
Date Of Renewal Charter	2/12/2006	Designated Federal Officer Middle Name	F.
Projected Termination Date	2/12/2006	Designated Federal Officer Last Name*	Bovenzi
Exempt From Renewal*	No	Designated Federal Officer Suffix
Specific Termination Authority		Designated Federal Officer Phone*	(202) 898-6551
Establishment Authority*	Agency Authority	Designated Federal Officer Fax*	202-898-7394
Specific Establishment Authority*	Agency Decision Document	Designated Federal Officer Email*	ebovenzi@fdic.gov
Effective Date Of Authority*	1/6/2002
Exempt From EO 13875 Discretionary Cmte
Committee Type*	Continuing
Presidential*	No
Committee Function*	Other Committee

RECOMMENDATION/JUSTIFICATIONS

Agency Recommendation*	Terminate
Legislation to Terminate Required	No
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 Remarks	n/a

PERFORMANCE MEASURES

Outcome Improvement To Health Or Safety*	No	Action Reorganize Priorities*	No
Outcome Trust In Government	Yes	Action Reallocate Resources	No
Outcome Major Policy Changes	No	Action Issued New Regulations	No
Outcome Advance In Scientific Research	No	Action Proposed Legislation	No
Outcome Effective Grant Making	No	Action Approved Grants Or Other Payments	No
Outcome Improved Service Delivery	Yes	Action Other	No
Outcome Increased Customer Satisfaction	Yes	Action Comment	We 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 Requirements	No	Grants Review*	No
Outcome Other	No	Number Of Grants Reviewed	0
Outcome Comment	NA	Number Of Grants Recommended	0
Cost Savings*	Unable to Determine	Dollar Value Of Grants Recommended	$0.00
Cost Savings Comment	NA	Grants Review Comment	NA
Number Of Recommendations*	0	Access Contact Designated Fed. Officer*	No
Number Of Recommendations Comment	The 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 Website	Yes
% of Recs Fully Implemented*	0.00%	Access Committee Website	No
% of Recs Fully Implemented Comment	NA	Access GSA FACA Website	Yes
% of Recs Partially Implemented*	0.00%	Access Publications	No
% of Recs Partially Implemented Comment	NA	Access Other	No
Agency Feedback*	Yes	Access Comment	Access 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.

COSTS

1. Payments to Non-Federal Members*	$0.00	1. Est Paymnts to Non-Fed Membrs Nxt FY*	$0.00
2. Payments to Federal Members*	$0.00	2. Est. Payments to Fed Members Next FY*	$0.00
3. Payments to Federal Staff*	$0.00	3. Estimated Payments to Federal Staff*	$0.00
4. Payments to Consultants*	$0.00	4. Est. Payments to Consultants Next FY*	$0.00
5. Travel Reimb. For Non-Federal Membrs*	$0.00	5. Est Travel Reimb Non-Fed Membr nxtFY*	$0.00
6. Travel Reimb. For Federal Members*	$0.00	6. Est Travel Reimb For Fed Members*	$0.00
7. Travel Reimb. For Federal Staff*	$0.00	7. Est. Travel Reimb to Fed Staf Nxt FY*	$0.00
8. Travel Reimb. For Consultants*	$0.00	8. Est Travel Reimb to Consltnts Nxt FY*	$0.00
10. Other Costs	$0.00	10. Est. Other Costs Next FY*	$0.00
11. Total Costs	$0.00	11. Est. Total Next FY*	$0.00
Date Cost Last Modified		Est. Fed Staff Support Next FY*	0.00
Federal Staff Support (FTE)*	0.00	Est Cost Remarks
Cost Remarks

Interest Areas

No interest areas selected for this committee.

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