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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 ThousandsEAsEAs/ 100's% Change in EAs**EA RateAvg. # Items in an EA
Q1 2016 1.22 -45 -10% 69 428 -56% 29% $29,021 1569 1.6 173 1.73 9% 11.19% 4
Q4 2015 2.23 81% 77% 125 968 152% 159% %52,317 4309 4.3 159 1.59 -6% 10.14% 4
Q3 2015 1.23 -28% -34% 70 384 -34% -41% $29,145 2231 2.2 170 1.70 -18% 10.71% 5
Q2 2015 1.72 27% 16% 73 582 76% 13% $41,471 1644 1.6 207 2.07 18% 12.90% 5
Q1 2015 1.35 7% -20% 67 331 -11% -31% $30,998 1605 1.6 176 1.76 30% 10.82% 7

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 2016 BCI shows that the average financial institution will require an additional 1.22 full-time employee equivalents (FTEs) to research and address just Q1’s new regulatory changes. This represents an additional $29,021 cost burden for the quarter and a total added cost of more than $151,954 to address the added compliance burden over the last four quarters. The enforcement climate continues to be “hot” – this quarter there were 173 enforcement actions (EAs) and over the last four years we have only seen three quarters with less than 150 EAs – a new normal for the banking industry.

Click here for the Full BCI Q1 2016 Report »

Click here for an image of the BCI table » 

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

Compliance Savings Index™

 No of Actions Completed*FTE Hour Savings per InstitutionSavings per InstitutionSavings across all managed InstitutionsFTE Saved across all Institutions
Q1 2016 65,698 297.4 $13,571 $3.32M 140
Q4 2015 61,889 338.1 $15,259 $3.31M 141
Q3 2015 66,823 353.8 $16,139  $3.13M 132
Q2 2015 59,198 321.2 $14,916 $3.18M 131
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 2016 period and the trailing twelve months.

*Sources: Continuity Compliance CoreTM, FDIC