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 - 84588 - Advisory Committee of State Regulators - Agency Authority

GENERAL INFORMATION

Committee Name	Advisory Committee of State Regulators	Agency Name	Federal Deposit Insurance Corporation
Fiscal Year	2024	Committee Number	84588
Original Establishment Date	12/17/2019	Committee Status	Terminated
Actual Termination Date	12/7/2023	Committee URL	https://www.fdic.gov/about/acsr/
Actual Merged Date		Presidential Appointments*
New Committee This FY	No	Max Number of Members*	15
Terminated This FY	Yes	Designated Fed Officer Position Title*	Director, Division of Risk Management Supervision and DFO
Merged This FY		Designated Federal Officer Prefix	Ms.
Current Charter Date	12/7/2021	Designated Federal Officer First Name*	Doreen
Date Of Renewal Charter	12/7/2023	Designated Federal Officer Middle Name	R.
Projected Termination Date	12/7/2023	Designated Federal Officer Last Name*	Eberley
Exempt From Renewal*		Designated Federal Officer Suffix
Specific Termination Authority	Chairman	Designated Federal Officer Phone*	(202) 898-6877
Establishment Authority*	Agency Authority	Designated Federal Officer Fax*	N/A
Specific Establishment Authority*	11/19/2019 Board Resolution	Designated Federal Officer Email*	deberley@fdic.gov
Effective Date Of Authority*	11/19/2019
Exempt From EO 13875 Discretionary Cmte	Not Applicable
Committee Type*	Continuing
Presidential*	No
Committee Function*	National Policy Issue Advisory Board

RECOMMENDATION/JUSTIFICATIONS

Agency Recommendation*	Terminate
Legislation to Terminate Required	No
Legislation Status	Not Applicable
How does cmte accomplish its purpose?*	The Committee will provide advice and recommendations to the FDIC on a broad range of policy issues regarding the regulation of state-chartered financial institutions throughout the United States, including its territories. The Committee will provide a forum where state regulators and the FDIC can discuss a variety of current and emerging issues that have potential implications regarding the regulation and supervision of state-chartered financial institutions. The Committee is intended to facilitate regular discussion of: safety and soundness and consumer protection issues; the creation of new banks; the protection of our nation’s financial system from risks such as cyber-attacks or money laundering; and other timely issues.
How is membership balanced?*	To achieve a balanced membership, the members of the Committee will represent regulators of state-chartered financial institutions from across the United States, including its territories. No Special Government Employees and no Regular Government Employees are expected to be on the Committee. However, membership balance is not static and may change, depending on the work of the Committee. To achieve balance on the Committee, the FDIC may include as Committee members other individuals with expertise in the regulation of state-chartered financial institutions.
How frequent & relevant are cmte mtgs?*	The Committee charter notes that the Committee shall meet at such intervals as are necessary to carry out its functions and states that it is anticipated that the Committee will meet at least two times per year. In FY2022 through 2024, the Committee met once per year. The Committee was terminated effective December 7, 2023.
Why advice can't be obtained elsewhere?*
Why close or partially close meetings?	N/A
Recommendation Remarks

PERFORMANCE MEASURES

Outcome Improvement To Health Or Safety*		Action Reorganize Priorities*
Outcome Trust In Government	Yes	Action Reallocate Resources
Outcome Major Policy Changes	Yes	Action Issued New Regulations
Outcome Advance In Scientific Research		Action Proposed Legislation
Outcome Effective Grant Making		Action Approved Grants Or Other Payments
Outcome Improved Service Delivery	Yes	Action Other
Outcome Increased Customer Satisfaction		Action Comment
Outcome Implement Laws/Reg Requirements	Yes	Grants Review*
Outcome Other		Number Of Grants Reviewed
Outcome Comment		Number Of Grants Recommended
Cost Savings*	Unable to Determine	Dollar Value Of Grants Recommended
Cost Savings Comment		Grants Review Comment
Number Of Recommendations*		Access Contact Designated Fed. Officer*
Number Of Recommendations Comment		Access Agency Website	Yes
% of Recs Fully Implemented*		Access Committee Website	Yes
% of Recs Fully Implemented Comment		Access GSA FACA Website	Yes
% of Recs Partially Implemented*		Access Publications
% of Recs Partially Implemented Comment		Access Other	Yes
Agency Feedback*		Access Comment	Access to committee information may be obtained from the FDIC Advisory Committee of State Regulators website located at https://www.fdic.gov/advisory-committees/advisory-committee-state-regulators-acsr and is also available in the FDIC Public Information Center at https://www.fdic.gov/news/publications/pichardcopies.html.
Agency Feedback Comment*	At each committee meeting, FDIC staff provides agency feedback or information to the Committee members and the public on a variety of issues, including issues raised by the committee members. Minutes are recorded for each meeting and are available at https://www.fdic.gov/about/advisory-committees/state-regulators/.	Narrative Description*

COSTS

1. Payments to Non-Federal Members*		1. Est Paymnts to Non-Fed Membrs Nxt FY*
2. Payments to Federal Members*		2. Est. Payments to Fed Members Next FY*
3. Payments to Federal Staff*	$35,595.17	3. Estimated Payments to Federal Staff*
4. Payments to Consultants*		4. Est. Payments to Consultants Next FY*
5. Travel Reimb. For Non-Federal Membrs*	$2,526.12	5. Est Travel Reimb Non-Fed Membr nxtFY*
6. Travel Reimb. For Federal Members*		6. Est Travel Reimb For Fed Members*
7. Travel Reimb. For Federal Staff*		7. Est. Travel Reimb to Fed Staf Nxt FY*
8. Travel Reimb. For Consultants*		8. Est Travel Reimb to Consltnts Nxt FY*
10. Other Costs	$4,871.61	10. Est. Other Costs Next FY*
11. Total Costs	$42,992.90	11. Est. Total Next FY*	$0.00
Date Cost Last Modified	11/20/2024 12:14 PM	Est. Fed Staff Support Next FY*
Federal Staff Support (FTE)*	0.11	Est Cost Remarks
Cost Remarks	Costs actually incurred in FY24.

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