RegionalBank: Community Banking Under Federal Oversight During Compliance Crisis
Quick Reference
- Organization: Community bank serving three-county region, 350 employees across 12 branch locations providing personal banking, small business lending, and mortgage services
- Key Assets at Risk: Customer financial data (2,100 customers affected), Federal regulatory standing (OCC examination in 27 days), 24/7 transaction processing capability, Community banking reputation
- Business Pressure: Federal banking examination in 27 daysβBoard expects perfect outcome to maintain CAMELS rating enabling growth initiatives, but security incident threatens examination timeline and regulatory compliance
- Core Dilemma: Transparent incident reporting demonstrates security program maturity to federal regulators BUT requires operational disruptions during critical examination preparation period, OR Suppressβ¦