Guidelines for Appeals of Material Supervisory Determinations

The Federal Deposit Insurance Corporation (``FDIC'') proposes to amend its Guidelines for Appeals of Material Supervisory Determinations (Guidelines) so that institutions have additional avenues of redress with respect to these determinations and for greater consistency with the appeals process of the other Federal banking agencies. Consistent with Section 309(a) of the Riegle Community Development and Regulatory Improvement Act of 1994 (``Riegle Act''), the FDIC, in 1995, established its Supervision Appeals Review Committee (SARC), an independent intra-agency appellate process to review appeals by institutions of ``material supervisory determinations,'' and has amended the Guidelines from time to time, as appropriate.