Preface
The Federal Reserve promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system. It is responsible for supervising—monitoring, inspecting, and examining—certain financial institutions of varying size and complexity to ensure that they comply with rules and regulations, and that they operate in a safe and sound manner. The Federal Reserve supervises bank holding companies, savings and loan holding companies, the U.S. operations of foreign banking organizations, and state member banks.
The Federal Reserve Board publishes its semiannual Supervision and Regulation Report to inform the public of current banking conditions as well as provide transparency about its supervisory and regulatory policies and actions. Previous reports are available at https://www.federalreserve.gov/publications/supervision-and-regulation-report.htm.
For more information on how the Federal Reserve Board promotes the safety and soundness of individual financial institutions and the financial system see The Fed Explained: What the Central Bank Does at https://www.federalreserve.gov/aboutthefed/the-fed-explained.htm and visit the Supervision and Regulation web page on the Board's public website at https://www.federalreserve.gov/supervisionreg.htm.