Banking has tons of industry specific terms and as a result bankers often communicate using acronyms instead of using full terms. For example, saying CERCLA instead of Comprehensive Environmental Response, Compensation, and Liability Act. If you’re new to the industry it can be difficult to understand documents and even conversations that use banking acronyms you haven’t heard of before. That’s why we’ve created this extensive list to help you save time and avoid confusion.

AB | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y |


ACH – Automated Clearing House
AFS – Available for Sale
ALCO – Asset/Liability Committee
ALLL – Allowance for Loan and Lease Losses
ALM – Asset/Liability Management
AML – Anti-Money Laundering Act
APO – Army Post Office
APR – Annual Percentage Rate
APT – Asset Protection Trust
APY – Annual Percentage Yield
ARM – Adjustable Rate Mortgage
ATM – Automated Teller Machine
ATR – Ability to Repay


BCP – Business Continuity Plan
BHC – Bank Holding Company
BOLI – Bank Owned Life Insurance
BSA – Bank Secrecy Act
BSA – Bank Secrecy Act


CD – Certificate of Deposit
CDD – Customer Due Diligence
CERCLA – Comprehensive Environmental Response, Compensation, and Liability Act
CFPB – Consumer Finance Protection Bureau
CFPB – Consumer Financial Protection Bureau
CFR – Code of Federal Regulations
CFTC – U.S. Commodity Futures Trading Commission
CIF – Customer Information File
CIP – Customer Identification Program
CRA – Community Reinvestment Act
CRA File – Community Reinvestment Act File
CTR – Currency Transaction Report


DDA – Demand Deposit Account
DIFS – Department of Insurance and Financial Services
DSC – Debt Service Coverage
DTI – Debt-to-Income


E-banking – Electronic Banking
E-cash – Electronic Cash
ECOA – Equal Credit Opportunity Act
EDD – Enhanced Due Diligence
EFT – Electronic Funds Transfer
EIC – Examiner In Charge
EIN – Employer Identification Number
EPA – Environmental Protection Agency
ESA – Environmental Site Assessment


FACTA – Fair and Accurate Credit Transaction Act
FAQ – Frequently Asked Question
FAS – Financial Accounting Standards
FASB – Financial Accounting Standards Board
FBI – Federal Bureau of Investigation
FBO – Foreign Banking Organization
FCRA – Fair Credit Reporting Act
FDIC – Federal Deposit Insurance Corporation
FED – Federal Reserve Bank
Fedwire – Federal Reserve Bank Funds Service
FFIEC – Federal Financial Institutions Examination Council
FHC – Financial Holding Company
FHFA – Federal Housing Finance Agency
FHLB – Federal Home Loan Bank
FIL – Financial Institution Letter
FinCEN – Financial Crimes Enforcement Network
FIO – Federal Insurance Office
FIRREA – Financial Institutions Reform
FMLA – Family and Medical Leave Act
FMLMC – Federal Home Loan Mortgage Corporation
FMU – Financial Market Utility
FOIA – Freedom of Information Act
FRA – Federal Reserve Act
FRB – Federal Reserve Board
FRS – Federal Reserve System
FSOC – Financial Stability Oversight Council
FTC – Federal Trade Commission


GAO – U. S. Government Accountability Office
GFE – Good Faith Estimate
GSE – Government-Sponsored Enterprise


HELOC – Home Equity Line of Credit
HFS – Held for Sale
HIDTA – High Intensity Drug Trafficking Area
HIFCA – High Intensity Financial Crimes Area
HMDA – Home Mortgage Disclosure Act
HMDA LAR – Home Mortgage Disclosure Act Loan Application Register
HOEPA – Home Ownership and Equity Protection Act
HPML – High Priced Mortgage Loan
HTM – Held to Maturity
HUD – Department of Housing and Urban Development


IAT – International Automated Clearing House Transaction
IG – Inspector General
ILC – Industrial Loan Company
IMF – International Monetary Fund
IOLTA – Interest on Lawyers’ Trust Account
IRA – Individual Retirement Account
IRR – Interest Rate Risk/Internal Rate of Return
IRS – Internal Revenue Service
ITM – Interactive Teller Machines


JHA – Jack Henry & Associates

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KYC – Know Your Customer


LPO – Loan Production Office
LRA – Lender Reserve Account
LTV – Loan-to-Value


MICR – Magnetic Ink Character Recognition
MLO – Mortgage Loans Officer
MLR – Money Laundering Risk
MMDA – Money Market Demand Account
MOU – Memorandum of Understanding
MPP – Mortgage Purchase Program
MSA – Metropolitan Statistical Area
MSB – Money Service Business
MSR – Mortgage Servicing Rights
MTM – Mark to Market


NACHA – The National Automated Clearing House Association
NAICS – North American Industry Classification System
NBFI – Non-Bank Financial Institution
NCUA – National Credit Union Administration
NDIP – Non-deposit Investment Products
NFIP – National Flood Insurance Program
NIM – Net Interest Margin
NMLS – Nationwide Mortgage Licensing System
NOI – Net Operating Income
NOW – Negotiable Order of Withdrawal
NPR – Notice of Proposed Rulemaking
NSF – Nonsufficient Funds


OCC – Office of the Comptroller of the Currency
OD – Overdraft
ODP – Overdraft Protection
OEB – Office of Employee Benefits
OFAC – Office of Foreign Assets Control
OFR – Office of Financial Research
OMB – Office of Management and Budget
OMWI – Office of Minority and Women Inclusion
OREO – Other Real Estate Owned


PCA – Prompt Corrective Action
PCS – Payment, Clearing, and Settlement
PEP – Politically Exposed Person
POS – Point-of-Sale


QFC – Qualified Financial Contract
QM – Qualified Mortgage
QRM – Qualified Residential Mortgage


RBC – Risk Based Capital
RCC – Remotely Created Check
RDC – Remote Deposit Capture
RESPA – Real Estate Settlement Procedures Act
RFPA – Right to Financial Privacy Act
ROE – Report of Examination
ROR – Right of Rescission


SAFE Act – Secure and Fair Enforcement for Mortgage Licensing Act
SAR – Suspicious Activity Report
SBA – Small Business Administration
SCRA – Servicemembers Civil Relief Act
SDA – Savings Deposit Account
SDN – Specially Designated National
SEC – U.S. Securities and Exchange Commission
SIFI – Systemically Important Nonbank Financial Institution
SLHC – Savings and Loan Holding Company
SOD – Summary of Deposits
SSN – Social Security Number


TIL – Truth in Lending or Truth in Lending Disclosure
TIN – Taxpayer Identification Number
TISA – Truth in Savings Act
TM – Treasury Management


UBPR – Uniform Bank Performance Report
UCC – Uniform Commercial Code
UDAAP – Unfair, Deceptive or Abusive Acts or Practices


YSP – Yield Spread Premium

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