What is the meaning of preliminary examination response kit (PERK)?

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preliminary examination response kit (PERK) is a package sent by OTS to a financial institution prior to the start of an on-site examination. The package contains forms and instructions to the institution for gathering various information and documents. The PERK also indicates the expected date of the examination, requests that the institution arrange various logistics details and asks the institution to have basic information ready for the arrival of the examination staff. Also called the advance package.

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APABarry Goldsmith. (2010). preliminary examination response kit (PERK). Retrieved September 21, 2026, from http://smartdefine.org/preliminary_examination_response_kit_(perk)/definitions/1160942
ChicagoBarry Goldsmith. 2010. "preliminary examination response kit (PERK)" http://smartdefine.org/preliminary_examination_response_kit_(perk)/definitions/1160942 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, preliminary examination response kit (PERK), Smart Define, viewed 21 September, 2026, <http://smartdefine.org/preliminary_examination_response_kit_(perk)/definitions/1160942>.
MLABarry Goldsmith. "preliminary examination response kit (PERK)" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/preliminary_examination_response_kit_(perk)/definitions/1160942>