PRESS RELEASE
Federal Deposit Insurance Corporation
June 3, 1996
Media Contact:
Motty Bradshaw (202)898-8680
Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's
banking system. It promotes the safety and soundness of these institutions by identifying, monitoring and addressing
risks to which they are exposed. The FDIC receives no federal tax dollars — insured financial institutions fund its
operations.
FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically
(go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC's Public Information
Center (877-275-3342 or 703-562-2200). PR-41-96
FDIC MAKES PUBLIC JANUARY 1996 ENFORCEMENT ACTIONS;
PROVIDES LIST OF HEARINGS TO BE HELD IN MARCH
FOR IMMEDIATE RELEASE
The FDIC has issued the public list of its institutions to be examined under regulations
implementing the Community Reinvestment Act (CRA). The list covers the third quarter
of 1996.
In May 1995, the Federal bank and thrift regulators published revised CRA regulations
that require each regulator to publish a quarterly CRA examination schedule at least 30
days before the beginning of each quarter, beginning January 1, 1996.
The regulators encourage public comment on the institutions to be examined under the
CRA. Comments about FDIC-supervised institutions should be directed to the
institutions themselves or to the Regional Manager of the appropriate FDIC regional
office (a list of those locations is attached). All public comments received prior to
completion of a CRA examination will be considered.
The schedule of institutions to be examined between July 1, 1996, and September 30,
1996, is based on the best information now available. Examination schedules may
change; unanticipated complex issues could arise, for example, that require more time
and resources than originally allotted, thus delaying completion of an examination and
delaying other scheduled examinations. If an institution is rescheduled for a different
quarter, that information will be included on a later list.
To receive today's quarterly list if not available as an attachment or to be added to a
mailing list for future press releases, call (703) 562-2200, fax a request to (703) 562-
2296, or write:
Federal Deposit Insurance Corporation
June 3, 1996
Media Contact:
Motty Bradshaw (202)898-8680
Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's
banking system. It promotes the safety and soundness of these institutions by identifying, monitoring and addressing
risks to which they are exposed. The FDIC receives no federal tax dollars — insured financial institutions fund its
operations.
FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically
(go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC's Public Information
Center (877-275-3342 or 703-562-2200). PR-41-96
FDIC MAKES PUBLIC JANUARY 1996 ENFORCEMENT ACTIONS;
PROVIDES LIST OF HEARINGS TO BE HELD IN MARCH
FOR IMMEDIATE RELEASE
The FDIC has issued the public list of its institutions to be examined under regulations
implementing the Community Reinvestment Act (CRA). The list covers the third quarter
of 1996.
In May 1995, the Federal bank and thrift regulators published revised CRA regulations
that require each regulator to publish a quarterly CRA examination schedule at least 30
days before the beginning of each quarter, beginning January 1, 1996.
The regulators encourage public comment on the institutions to be examined under the
CRA. Comments about FDIC-supervised institutions should be directed to the
institutions themselves or to the Regional Manager of the appropriate FDIC regional
office (a list of those locations is attached). All public comments received prior to
completion of a CRA examination will be considered.
The schedule of institutions to be examined between July 1, 1996, and September 30,
1996, is based on the best information now available. Examination schedules may
change; unanticipated complex issues could arise, for example, that require more time
and resources than originally allotted, thus delaying completion of an examination and
delaying other scheduled examinations. If an institution is rescheduled for a different
quarter, that information will be included on a later list.
To receive today's quarterly list if not available as an attachment or to be added to a
mailing list for future press releases, call (703) 562-2200, fax a request to (703) 562-
2296, or write:
FDIC
Office of Corporate Communications
Public Information Center
801 17th Street, NW
Room 100
Washington, D.C. 20434
The quarterly list is also available on the Internet.
The Community Reinvestment Act is a 1977 law intended to encourage insured banks
and thrifts to meet local credit needs, including those of low- and moderate-income
neighborhoods, consistent with safe and sound operations.
Office of Corporate Communications
Public Information Center
801 17th Street, NW
Room 100
Washington, D.C. 20434
The quarterly list is also available on the Internet.
The Community Reinvestment Act is a 1977 law intended to encourage insured banks
and thrifts to meet local credit needs, including those of low- and moderate-income
neighborhoods, consistent with safe and sound operations.