1. Short title This Act may be cited as the Financial Institutions Examination Fairness and Reform Act . 2. Amendment to definition of financial institution Section 1003(3) of the Federal Financial Institutions Examination Council Act of 1978 ( 12 U.S.C. 3302(3) ) is amended to read as follows: (3) the term financial institution — (A) means a commercial bank, a savings bank, a trust company, a savings association, a building and loan association, a homestead association, a cooperative bank, or a credit union; and (B) for purposes of sections 1012, 1013, and 1014, includes a nondepository covered person subject to supervision by the Bureau of Consumer Financial Protection under section 1024 of the Consumer Financial Protection Act of 2010 ( 12 U.S.C. 5514 ). . 3. Timeliness of examination reports The Federal Financial Institutions Examination Council Act of 1978 ( 12 U.S.C. 3301 et seq.) is amended by adding at the end the following: 1012. Timeliness of examination reports (a) In general (1) Final examination report A Federal financial institutions regulatory agency shall provide a final examination report to a financial institution not later than 60 days after the later of— (A) the exit interview for an examination of the institution