Exam Preparation

MIMedium Complexity

Trust Exam Preparation for Michigan

Prepare for trust examinations with evidence of fiduciary compliance and account administration. Tailored for financial institutions operating in Michigan.

More for Michigan

Michigan Regulatory Environment

Financial institutions preparing for trust exam in Michigan navigate specific state requirements:

DIFS oversight
Modernized licensing framework
Consumer protection focus
Money transmitter requirements

Examining Agencies

OCC
FDIC
State banking regulators
Michigan State Regulators

Examination Frequency

Annual or every 18 months

MI state examinations may occur on a separate schedule.

The Exam Preparation Challenge in Michigan

Michigan institutions preparing for trust exam must satisfy both federal and state examiner expectations. Most institutions spend weeks collecting evidence and organizing documentation for multiple regulators. With Canarie, evidence is captured automatically and organized for both MI state and federal examiners.

Preparation Steps for MI

1
Review trust policies and procedures
2
Compile account administration evidence
3
Document investment review activities
4
Gather fee disclosure documentation
5
Prepare conflict of interest reviews
6
Document fiduciary decision-making
7
Compile trust committee minutes

Evidence MI Examiners Expect

Canarie automatically captures evidence for both MI state and federal examiner expectations. No last-minute scrambling.

Trust policies and procedures
Account acceptance documentation
Investment review records
Fee calculation and disclosure
Conflict of interest documentation
Trust committee meeting minutes
Exception and override tracking

How Canarie Transforms Exam Prep for MI Institutions

Dual-Purpose Evidence

Evidence captured once, organized for both MI state and federal examiners.

State-Specific Packages

Export evidence packages tailored to MI examiner expectations.

Always Exam-Ready

Reduce exam prep from weeks to days with continuous evidence capture.

Frequently Asked Questions

Transform Your Trust Exam Preparation in Michigan

See how MI institutions prepare for examinations in days, not weeks.