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Appeals Policy

Last Updated: January 13, 2021

Section 309 of the Riegle Community Development and Regulatory Improvement Act of 1994 required the Board of Governors of the Federal Reserve System and the other Federal banking agencies to establish an independent, intra-agency process to review appeals of material supervisory determinations.

The Federal Reserve Bank of Philadelphia adopted a Policy Statement on Appeals of Material Supervisory Determinations to codify its processes related to such appeals.

Additional Appeals Resources

Ombuds Office
SR letter 20-28/ CA letter 20-14, Internal Appeals Process for Material Supervisory Determinations and Policy Statement Regarding the Ombudsman for the Federal Reserve System