--- title: FDICIA 363 Consulting & Testing | Financial Institutions | Saltmarsh Advisors description: Guidance and testing for FDICIA 363 compliance. Saltmarsh helps banks assess, build, document, and test financial reporting internal control frameworks. image: https://marketing.saltmarshadvisors.com/hubfs/Announcement%20Graphic.jpg --- [Skip to content](https://marketing.saltmarshadvisors.com/financial-institutions/fdicia-363-consulting-testing#main-content) [![SM Horizonal Black Web](https://marketing.saltmarshadvisors.com/hs-fs/hubfs/Company%20Branding/SM%20Horizonal%20Black%20Web.png?width=475&height=123&name=SM%20Horizonal%20Black%20Web.png) ![SM Horizonal Color DK Web](https://marketing.saltmarshadvisors.com/hs-fs/hubfs/Company%20Branding/SM%20Horizonal%20Color%20DK%20Web.png?width=437&height=113&name=SM%20Horizonal%20Color%20DK%20Web.png)](https://www.saltmarshcpa.com/) # FDICIA 363 Consulting & Testing Stay ahead of regulatory requirements and strengthen your financial reporting and internal controls with a trusted partner by your side. [Contact Us](https://marketing.saltmarshadvisors.com/financial-institutions/fdicia-363-consulting-testing#contact) ![Hero Banner](https://marketing.saltmarshadvisors.com/hubfs/Company%20Branding/Tonal%20White.png) ## Support for Every Stage of Your FDICIA Compliance Journey As banks grow, so do their regulatory responsibilities. Part 363 of the Federal Deposit Insurance Corporation’s Rules and Regulations requires insured depository institutions with $500 million, or more in total assets to submit audited annual financial statements along with a management report. This includes a statement of management’s responsibilities and an assessment of the bank’s compliance with laws and regulations. At the $1 billion threshold, additional requirements apply, including an external auditor’s attestation on management’s internal control assertions. Preparing for these thresholds requires more than a policy update. It demands a thoughtful, scalable framework built to support long-term compliance. Saltmarsh helps financial institutions implement and test internal control systems in line with FDICIA 363 requirements. Whether you're preparing for your first audit of the effectiveness of the institution's internal control over financial reporting or fine-tuning an established program, our team brings the technical expertise and hands-on experience to guide you through every stage.   ## A Practical, Risk-Based Approach to FDICIA 363 Our goal is to help your institution implement an internal control framework that is both defensible and practical. We work closely with management to identify gaps, align processes with FDICIA requirements, and provide testing that supports management’s assessments. Our phased approach adapts to your pace of growth and supports sustainable compliance well before and after reaching FDICIA thresholds. We prioritize collaboration and education, empowering your team to own the process while providing the support needed to be audit ready. ![IMG\_5748](https://marketing.saltmarshadvisors.com/hs-fs/hubfs/Events/Financial%20Institutions/BankTalk%202025/IMG_5748.jpg?width=517&height=388&name=IMG_5748.jpg) #### Explore More Services: ###### [Banks](https://marketing.saltmarshadvisors.com/financial-institutions/banks) ###### [Credit Unions](https://marketing.saltmarshadvisors.com/financial-institutions/credit-unions) ###### [Fintechs](https://marketing.saltmarshadvisors.com/services-for-fintechs-financial-institutions-saltmarsh-advisors) ###### [Regulatory Compliance](https://marketing.saltmarshadvisors.com/financial-institutions/regulatory-compliance) ###### [Internal Audit](https://marketing.saltmarshadvisors.com/financial-institutions/internal-audit) ###### [FDICIA 363 Consulting & Readiness](https://marketing.saltmarshadvisors.com/financial-institutions-fdicia-363-consulting-testing) ###### [Credit Quality Reviews](https://marketing.saltmarshadvisors.com/financial-institutions/credit-quality-reviews) ###### [ACH Reviews & Risk Assessments](https://marketing.saltmarshadvisors.com/financial-institutions/ach-reviews) ###### [BSA, AML, OFAC, and CFT](https://marketing.saltmarshadvisors.com/financial-institutions/bsa-aml-cft-ofac) ###### [Fair Lending & UDAAP Risk Reviews](https://marketing.saltmarshadvisors.com/financial-institutions/fair-lending-data-analytics) ###### [CRA Services](https://marketing.saltmarshadvisors.com/financial-institutions/cra-services) ###### [Asset Liability Management Review](https://marketing.saltmarshadvisors.com/financial-institutions/asset-liability-management-reviews) ###### [Information Systems & Cybersecurity Audits](https://marketing.saltmarshadvisors.com/financial-institutions/information-systems-third-party-risk-management) ###### [Trust Operations & Fiduciary Responsibilities](https://marketing.saltmarshadvisors.com/financial-institutions/trust-operations-fiduciary-responsibilities) ###### [Advisory, Training, and Coaching](https://marketing.saltmarshadvisors.com/financial-institutions/advisory)   ### Our FDICIA 363 Consulting & Testing Services Whether you're approaching the $1 Billion threshold or refining a mature FDICIA program, we provide the services and support you need to stay compliant and confident. #### FDICIA Readiness Assessments We assess your institution’s current internal control environment to identify gaps relative to FDICIA 363 requirements. Our team helps you build a scalable roadmap tailored to your growth trajectory and regulatory profile. #### Risk & Control Framework Development We work with management to design and document a customized internal control framework that meets FDICIA standards while aligning with your institution’s unique processes and reporting structure. #### Control Testing & Evaluation Our specialists perform detailed testing of key controls over financial reporting to evaluate their design and operating effectiveness, providing independent insight and actionable recommendations for improvement. #### Management Reporting & Documentation We help prepare required management assertions and supporting documentation, including narratives, control matrices, and risk assessments — all formatted to withstand examiner and auditor scrutiny. #### Ongoing Consulting & Internal Audit Integration From fine-tuning control environments to coordinating with internal audit functions, we offer ongoing advisory support to keep your FDICIA compliance program practical, sustainable, and aligned with evolving expectations. [Contact Us](https://marketing.saltmarshadvisors.com/financial-institutions/fdicia-363-consulting-testing#contact) ![](https://45060328.fs1.hubspotusercontent-na1.net/hub/45060328/hubfs/Financial%20Institutions/Testimonials%20-%20Landing%20Pages/Bank3%20Testimonial.png?width=1200&length=1200&name=Bank3%20Testimonial.png) ![](https://45060328.fs1.hubspotusercontent-na1.net/hub/45060328/hubfs/Financial%20Institutions/Testimonials%20-%20Landing%20Pages/Piedmont%20Federal%20-%20Testimonial.png?width=1200&length=1200&name=Piedmont%20Federal%20-%20Testimonial.png) ![](https://45060328.fs1.hubspotusercontent-na1.net/hub/45060328/hubfs/Financial%20Institutions/Testimonials%20-%20Landing%20Pages/Pendleton%20Community%20Bank%20-%20Testimonial.png?width=1200&length=1200&name=Pendleton%20Community%20Bank%20-%20Testimonial.png) ![](https://45060328.fs1.hubspotusercontent-na1.net/hub/45060328/hubfs/Financial%20Institutions/Testimonials%20-%20Landing%20Pages/Peoples%20Bank%20Texas%20-%20Testimonial.png?width=1200&length=1200&name=Peoples%20Bank%20Texas%20-%20Testimonial.png) ![Regulatory Compliance Reports Cover Image](https://marketing.saltmarshadvisors.com/hs-fs/hubfs/Regulatory%20Compliance%20Reports/Regulatory%20Compliance%20Reports%20Cover%20Image.png?width=1080&height=1080&name=Regulatory%20Compliance%20Reports%20Cover%20Image.png) ## Get the Most Recent Updates at a Glance *Recent & Upcoming Regulatory Compliance Changes – Quarterly Update* This document includesconcise summaries of **the most material developments** over the past quarter. It’s ideal for those who need a quick, focused view of what’s changed since the last report. **What’s inside:** - Key updates from CFPB, OCC, FDIC, FRB, and HUD - Effective dates and impact levels - Hyperlinked citations to original rules - Summaries of rescinded, vacated, or delayed provisions [Download Now](https://marketing.saltmarshadvisors.com/regulatory-compliance-reports) ## A Trusted Partner for FDICIA Compliance FDICIA readiness is about more than checking a regulatory box. It’s about building the right internal control framework to support sustainable growth, avoid disruption, and meet increasing scrutiny as your institution crosses key asset thresholds. At Saltmarsh, we combine technical expertise with decades of real-world experience helping financial institutions prepare for and meet FDICIA 363 requirements. From initial readiness assessments to full-scope control testing, we tailor our approach to your unique environment, risk profile, and available resources. We understand what’s at stake, and we deliver support that’s practical, efficient, and aligned with your long-term goals.   ## Meet the Team FDICIA compliance is complex. Our team makes it easier. With decades of experience and deep roots in the financial services industry, our advisors understand what it takes to prepare your institution for FDICIA requirements—both on paper and in practice. ![Strickland, Josh-1](https://marketing.saltmarshadvisors.com/hs-fs/hubfs/Staff%20Headshots/Staff%20-%20Financial%20Institutions/Strickland%2c%20Josh-1.jpeg?width=1658&height=1924&name=Strickland%2c%20Josh-1.jpeg) #### Josh Strickland, CPA ##### Partner Josh is a partner and the practice leader of Saltmarsh’s Financial Institution Advisory Group, with deep experience in assurance, internal audit, loan review, and strategic consulting. He advises financial institutions on performance, risk management, accounting, and operational matters. ![Keith, Jason](https://marketing.saltmarshadvisors.com/hs-fs/hubfs/Staff%20Headshots/Staff%20-%20Financial%20Institutions/Keith%2c%20Jason.jpeg?width=1666&height=1924&name=Keith%2c%20Jason.jpeg) #### Jason Keith, CIA, CISA ##### Partner Jason is a partner with 20 years of experience in financial institutions. He specializes in technology solutions and has served in roles spanning compliance, lending, operations, audit, and IT leadership. ![Newsome, Jay-1](https://marketing.saltmarshadvisors.com/hs-fs/hubfs/Staff%20Headshots/Staff%20-%20Financial%20Institutions/Newsome%2c%20Jay-1.jpeg?width=1653&height=1924&name=Newsome%2c%20Jay-1.jpeg) #### Jay Newsome, CPA ##### Partner Jay is a partner with over 20 years of experience delivering audit and consulting services to financial institutions. He specializes in financial statement audits, internal audits, loan reviews, and client training. A graduate of the Alabama Bankers Association’s Banking School, Jay was honored with the Kay Ivey Outstanding Bank Award and recognized as one of Business Alabama’s 2022 Faces of Finance. ![Longabach, Julie-1](https://marketing.saltmarshadvisors.com/hs-fs/hubfs/Staff%20Headshots/Staff%20-%20Financial%20Institutions/Longabach%2c%20Julie-1.jpeg?width=1653&height=1923&name=Longabach%2c%20Julie-1.jpeg) #### Julie Longabach ##### Manager Julie is a manager in the Financial Institution Advisory Group and brings over 25 years of experience in accounting and management for financial institutions. She oversees and conducts internal audits for financial institutions, drawing on prior roles as a bank CFO and former Bank Examiner with the State of Florida. ## Let’s Talk Whether you're responding to a bank request, planning for growth, or building your compliance program from scratch, we can help. Reach out to our FinTech team today to start a conversation.   ## **Insights** #### [FAQs: Working with Saltmarsh's Financial Institutions Advisory Team](https://www.saltmarshadvisors.com/news/blog/faqs__financial_institution_advisory.asp) Written on 1/20/2026 #### [What the FDICIA's Part 363 Threshold Updates Mean](https://www.saltmarshadvisors.com/news/blog/fdic_part_363_requirements.asp) Written on 1/2/2026 #### [Leading ALM & IRR Management: Best Practices](https://www.saltmarshadvisors.com/news/blog/leading_alm___irr_management__best_practices_for_financial_i.asp) Written on 12/15/2025 #### [Proposed FDICIA Rule Could Eliminate HUD Audit](https://www.saltmarshadvisors.com/news/blog/fdicia_hud_audit_impact.asp) Written on 8/14/2025   **[View All Insights](https://www.saltmarshadvisors.com/news/blog/_all.asp)** ### **Stay Up To Date with the Financial Institution Industry** Join our email list for banks or credit unions to receive quarterly insights and information on upcoming events from our team of experts to help you succeed in this ever-changing environment. **[Banks](https://www.saltmarshadvisors.com/news/blog/_all.asp)    [Credit Unions](https://www.saltmarshadvisors.com/news/blog/_all.asp)** [![SM Horizonal Ledger Web](https://marketing.saltmarshadvisors.com/hubfs/Company%20Branding/SM%20Horizonal%20Ledger%20Web.png)](https://www.saltmarshadvisors.com/) - [Privacy Policy](https://www.saltmarshcpa.com/privacy/) © 2026 Saltmarsh. All Rights Reserved | Saltmarsh is the brand name under which Saltmarsh CPAs, Inc. and Saltmarsh, Cleaveland & Gund provide professional services. Saltmarsh CPAs, Inc. and Saltmarsh, Cleaveland & Gund practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Saltmarsh CPAs, Inc. is a licensed independent CPA firm that provides attest services to its clients. Saltmarsh, Cleaveland & Gund and its subsidiary entities, which are not licensed CPA firms, provide tax, advisory, and other non-attest services to its clients. The entities falling under the Saltmarsh brand are independently owned and are not liable for the services provided by any other entity providing the services under the Saltmarsh brand. 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