Regulators rolling out off-cycle exams: Reuters

Reuters reported on bank regulators ramping up off-cycle examinations of community banks following large bank failures earlier this year.

Article: ICBA Senior Executive Vice President and Chief of Government Relations and Public Policy Anne Balcer told the outlet that community banks around the country have received letters notifying them of the off-cycle reviews. Balcer said the off-cycle exams, which include CAMELS rating reviews, have far-reaching implications for targeted institutions.