CAMELS
M stands for
The best compliance rating a bank can receive
What is "1/strong"
CMS stands for
What is Compliance Management System
What is Low, Medium, and High
One who treats others with impartiality, dignity, and trust
What is Fairness
Define the Earnings Component
What is absorb losses and augment capital
This is the lowest compliance rating a bank can receive
What is 5
The CMS is composed of these two components
What is Board and Management oversight and the Compliance Program
What is component ratings
Responding quickly and successfully demonstrates
What is Effectiveness
What is Capital, Liquidity, Earnings, and Sensitivity to Market Risk
The descriptor for a 2 compliance rating
What is Satisfactory
The Board management designates this person to oversee the compliance program
What is a Compliance Officer
A bank that earns a "1" rating can be described by this adjective
What is Strong
Being Ethical and Professional shows
What is Integrity
The component that is responsible for spreading the income statement
What is Earnings
Violations of Law and Consumer _____
What is Harm
These two components of the CMS were previously separately assessed and are now together
What is Monitoring and Audit
A bank with a composite rating of 3, 4, or 5 requires this in between S&S exams
What is a visitation
What is Teamwork
UFIRS stands for
What is the Uniform Financial Institutions Rating System
An institution with $250 million or less in total assets and a compliance rating of 2 is examined this frequently
What is every 30 - 36 months
The four components of the compliance program
What is Auditing/Monitoring, Training, Consumer Complaints, Policies and Procedures
The person who decides the final CAMELS ratings
What is the Case Manager
FACE IT stands for
What is Fairness, Accountability, Competence, Effectiveness, Integrity, and Teamwork