Canarie AI

Exam Preparation

Safety & Soundness Exam Preparation for Consumer Lenders

Safety and soundness examinations evaluate your institution's financial condition, risk management, and operational practices. Canarie helps you maintain evidence of governance, risk management activities, and control effectiveness throughout the examination cycle. Specifically tailored for the unique examination requirements facing consumer lenders.

More for Consumer Lenders

Consumer Lenders Exam Preparation Challenges

Multi-jurisdictional requirements
Consumer protection scrutiny
State rate and fee limitations
Fair lending requirements
CFPB oversight

Examining Agencies

FDICOCCFederal ReserveNCUA

Exam Frequency

Annual for most institutions

Preparation Steps for Consumer Lenders

1
Update enterprise risk assessment
2
Compile board and committee minutes
3
Gather audit and examination follow-up evidence
4
Document policy review completions
5
Prepare capital and liquidity documentation
6
Compile internal control testing results
7
Document vendor management activities

Evidence Examiners Expect

Board and committee meeting minutes
Enterprise risk assessment
Audit findings and remediation tracking
Policy attestations and reviews
Capital planning documentation
Internal control testing results
Vendor due diligence records

Related Compliance Areas for Consumer Lenders

TILA/Reg ZECOA/Reg BFCRAUDAAPState-specific requirements

Frequently Asked Questions

Transform Safety & Soundness Exam Preparation for Your Consumer Lender

See how consumer lenders prepare for examinations in days, not weeks.