TeachMeFinance.com - explain EDS/SACS/ROE
EDS/SACS/ROE -- a computer network with which data on the examination and supervision of savings institutions is transmitted electronically between federal thrift regulators. The acronym stands for: Examination Data System/ Supervisory Action Control System/Report Of Examination. EDS includes data on when an examination began and ended, the number of examiner man-hours used to complete the examination, the rating(s) assigned to the examined savings institution and any violations uncovered during the examination. SACS includes information on supervisory actions taken to correct problems at the savings institution. ROE is the summary of the examiners' findings on the condition of the savings institution.
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