Fdic credit card manual

 · In credit card securitizations, credit card receivables are taken off the bank's balance sheet while a residual income stream generated from the receivables continues to flow to the bank. The earnings performance of the portfolio will be overstated if the profitability analysis only considers on-book receivables but all credit card related. 1. A copy of the strategic or business plans for credit card securitization activities. 2. A copy of the primary and contingency liquidity funding plans as they relate to credit card securitization activities. 3. A copy of all written policies and procedures on credit card securitization. 4. In response, the FDIC jointly issued the Account Management and Loss Allowance Guidance for Credit Card Lending (Account Management Guidance, or AMG) on January 8, The AMG is generally applicable to all FDIC-supervised institutions that offer credit card programs as well as to similar institutions supervised by other regulatory agencies.

Consider the level of and trend in key indices, such as those for delinquencies, charge-offs, workout programs, and so forth. This process will likely entail reviewing a series of management reports on various portfolio segments. Consider the level, trend, and severity of adversely classified credit card receivables. A detailed discussion on credit card securitization activities is housed in the Risk Management Credit Card Securitization Manual. back to top. Summary of Examination Goals – Capital Examiners must determine whether the bank's capital level adequately supports the bank's activities and risk profile. Credit Card Activities Manual - PDF. Chapter I. – Introduction. Chapter II. – Credit Cards – General Overview. Chapter III. – Identifying Involvement in Credit Card Activities. Chapter IV. – Credit Card Program Development. Chapter V. – Marketing and Acquisition.

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