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The Banking Compliance Index™ (BCI) measures the incremental cost burden
on financial institutions to keep up with regulatory changes. 

 FTE* Consumption ScoreFTE* Consumption % Change QuarterlyFTE* Consumption % Change Quarter on QuarterRegulatory ChangesHours to Comply/ Institution% Change in Hours To Comply% Change In Hours to Comply Quarter On QuarterIncremental Cost Per Institution per QuarterRegulatory Changes Page CountPages in ThousandsEAs**EAs*/ 100's% Change in EAs**EA** RateAvg. # Items in an EA**
Q1 2015 1.35 7% -20% 61 331 -11% -31% $30,988 1605 1.6 176 1.76 30% 10.82% 7
Q4 2014 1.26 -32% -22% 79 374 -43% -33% $29,660 4109 4.1 135 1.35 -10% 8.20% 7
Q3 2014 1.86 26% -21% 82 653 26% -17% $45,262 3404 3.4 150 1.5 -12% 9.01% 7
Q2 2014 1.48 -12% -36% 75 517 7% -38% $34,755 2884 2.9 170 1.7 3% 10.10% 5
Q1 2014 1.69 5% -28% 66 483 -13% -61% $37,621 3284 3.2 165 1.65 23% 9.69% 8

The Banking Compliance Index (BCI) is a quarterly tracking index published by the Regulatory Operations Center™. It measures the incremental cost burden on financial institutions to keep up with regulatory changes. The BCI data sources include: CFPB, FDIC, FED, NCUA and OCC. The BCI is calculated using an average size institution of $350 million.

The Q1 2015 BCI shows that the average financial institution will require an additional 1.35 full time employee equivalents (FTEs) to research and address just Q1’s new regulatory changes. This represents an additional $30,988 cost burden for the quarter and a total added cost of more than $140,000 to address the added compliance burden throughout the year. The enforcement climate continues to be “hot” – this quarter there were 176 enforcement actions (EAs) and over the past several years we have seen more than 130 EAs each quarter. 

Click here for the Full BCI Q1 2015 Report »

The BCI is used as reliable reference data to publications such a The Economist, WSJ, Bloomberg, American Banker, Independent Banker, Bank innovation, Credit Union Times, Credit Union Journal, Mortgage News Daily, Reverse Mortgage Daily.

Compliance Savings Index™

 No of Actions CompletedFTE Hour Savings per InstitutionSavings per InstitutionSavings across all managed InstitutionsFTE Saved across all Institutions
Q1 2015 51,777 328.8 $14,538 $2.83M 124

Compliance Savings Index™

The Compliance Savings Index™ (CSI) is a quarterly index published by The Compliance Core™ Network of community financial institutions.  This index shows tasks, completed in response to regulatory compliance requirements, actioned by these institutions over the Q1 period.

*Sources: Continuity Compliance CoreTM, FDIC