Bank Supervision Appeals Improvement Act of 2024

The Bank Supervision Appeals Improvement Act of 2024 establishes specific timeframes for regulatory examinations and appeals processes for banks and credit unions. It requires federal banking agencies to complete examinations within 270 days (with possible extension), hold exit interviews with management within 30 days of completion, and provide final examination reports within 60 days. The bill also creates an Office of Supervisory Appeals with specific appointment requirements and details a formal appeals process for institutions challenging regulatory decisions. Additionally, it mandates the FDIC to review resolution actions causing material losses to the Deposit Insurance Fund and report findings to Congress.