Supervision

The Federal Reserve Bank of Minneapolis supports the Federal Reserve System mission to promote a safe, sound, accessible banking system and stable financial markets through supervision and regulation of the nation's banking, financial, and payment systems and through effective implementation of statutes designed to inform and protect the consumer. At the Minneapolis Fed, trained examiners and analysts in the Division of Supervision, Regulation, and Credit supervise and regulate the activities of Ninth District bank and financial holding companies, their nonbank subsidiaries, and state-chartered banks that are members of the Federal Reserve System. In addition to monitoring the financial condition of these institutions, examiners also review compliance with federal laws and Federal Reserve regulations and seek corrective action when unsatisfactory conditions are found.

Agencies and Regulators

The Minneapolis Fed also works with other federal and state agencies and regulators to promote safety and soundness in the operation of the financial industry and fair and equitable treatment of consumers in their financial transactions.

Appeals Procedures

The Federal Reserve Bank of Minneapolis has developed procedures for a state member bank, bank holding company, or financial holding
company to appeal certain types of material supervisory determinations.

Education

A wide variety of continuing education and training opportunities exist for bankers and other financial industry professionals. In addition to local colleges and universities, opportunities are available through trade associations, training vendors, banking schools, and various certification programs.

Manuals

Supervision manuals provide current guidance on topics related to the Federal Reserve System's supervisory responsibilities including policies, procedures, and other instructions intended as guidance to Federal Reserve supervisory personnel in conducting examinations and inspections of banking organizations.

Contacts

Reserve Bank staff is available to provide guidance and assistance on supervisory matters.