Three Lessons Learned from the FDIC's Video Guidance

Just because a bank outsources an activity doesn't mean it can outsource responsibility.

The FDIC's most recent regulatory guidance on vendor management has three significant takeaways for community banks:

  • Contract risk management
  • Vendor management and cybersecurity
  • Disaster recovery and business continuity planning

This white paper takes a deep dive into these three areas and the impact they have on your bank-wide approach to vendor management and compliance. 

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