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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
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% 61 331 -11% -31% $30,998 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

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 Q2 2015 BCI shows that the average financial institution will require an additional 1.72 full time employee equivalents (FTEs) to research and address just Q2’s new regulatory changes. This represents an additional $41,471 cost burden for the quarter and a total added cost of more than $147,000 to address the added compliance burden throughout the past 4 quarters. The enforcement climate continues to be “hot” – this quarter there were 207 enforcement actions (EAs) and over the past several years we have seen more than 130 EAs each quarter. 

Click here for the Full BCI Q2 2015 Report »

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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 Completed*FTE Hour Savings per InstitutionSavings per InstitutionSavings across all managed InstitutionsFTE Saved across all Institutions
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 Q2 period.

*Sources: Continuity Compliance CoreTM, FDIC