PRESS RELEASE
Federal Deposit Insurance Corporation
February 26, 1998
Media Contact:
David Barr (202) 898-6992
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-10-98
FDIC ISSUES SECOND QUARTER CRA EXAMINATION SCHEDULE
FOR IMMEDIATE RELEASE
The FDIC has issued the publicist of its institutions (154kb PDF file - PDF Help or hard
copy) to be examined under regulations implementing the Community Reinvestment Act
(CRA). The list covers the second quarter of 1998.
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 Director 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.
All public comments received prior to completion of a CRA examination will be
considered.
The schedule of institutions to be examined April 1, 1998 through June 30, 1998, is
based on the best information now available. Examination schedules may change. For
example, unanticipated supervisory issues could arise that may necessitate
examination of an institution that is not on the published list. Such issues may arise as
the result of a CRA protest, a consumer complaint, or other significant events.
Additionally, some institutions may 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.
Federal Deposit Insurance Corporation
February 26, 1998
Media Contact:
David Barr (202) 898-6992
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-10-98
FDIC ISSUES SECOND QUARTER CRA EXAMINATION SCHEDULE
FOR IMMEDIATE RELEASE
The FDIC has issued the publicist of its institutions (154kb PDF file - PDF Help or hard
copy) to be examined under regulations implementing the Community Reinvestment Act
(CRA). The list covers the second quarter of 1998.
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 Director 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.
All public comments received prior to completion of a CRA examination will be
considered.
The schedule of institutions to be examined April 1, 1998 through June 30, 1998, is
based on the best information now available. Examination schedules may change. For
example, unanticipated supervisory issues could arise that may necessitate
examination of an institution that is not on the published list. Such issues may arise as
the result of a CRA protest, a consumer complaint, or other significant events.
Additionally, some institutions may 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 or (800) 276-6003, fax a
request to (703) 562-2296, or write:
FDIC
Office of Corporate Communications
Public Information Center
801 17th Street, N.W., Room 100
Washington, D.C. 20434
(E-mail: publicinfo@fdic.gov)
The quarterly list is also available on the Internet. (See www.fdic.gov for both
attachments to this press release: 1) the Second Qtr CRA Examination Schedule and 2)
the list of FDIC Regional Directors.)
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.
Last Updated 03/23/2015
mailing list for future press releases, call (703) 562-2200 or (800) 276-6003, fax a
request to (703) 562-2296, or write:
FDIC
Office of Corporate Communications
Public Information Center
801 17th Street, N.W., Room 100
Washington, D.C. 20434
(E-mail: publicinfo@fdic.gov)
The quarterly list is also available on the Internet. (See www.fdic.gov for both
attachments to this press release: 1) the Second Qtr CRA Examination Schedule and 2)
the list of FDIC Regional Directors.)
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.
Last Updated 03/23/2015