Financial Institution Letter
FIL-102-2005
October 11, 2005
LETTER TO STAKEHOLDERS
Third Quarter 2005 Edition of the FDIC’s Letter to Stakeholders
Federal Deposit Insurance Corporation
550 17th Street NW, Washington, D.C. 20429-9990
Summary: The FDIC has issued its quarterly Letter to Stakeholders, which reports on the
FDIC’s priorities and activities for the third quarter of 2005. The Letter to Stakeholders is
attached.
Distribution:
FDIC-Insured Institutions
Suggested Routing:
Chief Executive Officer
Related Topics:
FDIC Key Indices
Attachment:
Letter to Stakeholders
Contact:
Senior Accountant Karen Flynn at kflynn@fdic.gov
or 202-416-2032
Note:
FDIC financial institution letters (FILs) may be
accessed from the FDIC's Web site at
www.fdic.gov/news/news/financial/2005/index.html.
To receive FILs electronically, please visit
http://www.fdic.gov/about/subscriptions/fil.html.
Paper copies of FDIC financial institution letters may
be obtained through the FDIC's Public Information
Center, 801 17th Street, NW, Room 100,
Washington, DC 20434 (1-877-275-3342 or 202-
416-6940).
Highlights:
• The FDIC’s accomplishments during the third
quarter of 2005 include the following:
¾ The FDIC provided early assistance to
consumers and bankers affected by
Hurricanes Katrina and Rita by establishing
a 24-hour hotline (1-877-ASK-FDIC) and a
dedicated Web page
(www.FDIC.gov/hurricane) with up-to-date
banking information in the affected areas.
¾ The FDIC, along with the other federal
banking and thrift regulatory agencies and
the Financial Crimes Enforcement Network
(FinCEN), conducted a series of outreach
events for the banking industry on the Bank
Secrecy Act/Anti-Money Laundering
(BSA/AML) Examination Manual released
on June 30, 2005.
¾ The FDIC, the Federal Reserve Board and
the Office of the Comptroller of the Currency
implemented the Central Data Repository
(CDR), a secure, shared Web-based system
to collect, validate and manage banks’
quarterly Call Report data. The CDR
system took effect beginning with third
quarter 2005 Call Report data.
¾ The FDIC launched a summer-long media
campaign to raise awareness of the
importance of financial education in Hispanic
communities across the nation, and
promoted its free Money Smart financial
education program.
FIL-102-2005
October 11, 2005
LETTER TO STAKEHOLDERS
Third Quarter 2005 Edition of the FDIC’s Letter to Stakeholders
Federal Deposit Insurance Corporation
550 17th Street NW, Washington, D.C. 20429-9990
Summary: The FDIC has issued its quarterly Letter to Stakeholders, which reports on the
FDIC’s priorities and activities for the third quarter of 2005. The Letter to Stakeholders is
attached.
Distribution:
FDIC-Insured Institutions
Suggested Routing:
Chief Executive Officer
Related Topics:
FDIC Key Indices
Attachment:
Letter to Stakeholders
Contact:
Senior Accountant Karen Flynn at kflynn@fdic.gov
or 202-416-2032
Note:
FDIC financial institution letters (FILs) may be
accessed from the FDIC's Web site at
www.fdic.gov/news/news/financial/2005/index.html.
To receive FILs electronically, please visit
http://www.fdic.gov/about/subscriptions/fil.html.
Paper copies of FDIC financial institution letters may
be obtained through the FDIC's Public Information
Center, 801 17th Street, NW, Room 100,
Washington, DC 20434 (1-877-275-3342 or 202-
416-6940).
Highlights:
• The FDIC’s accomplishments during the third
quarter of 2005 include the following:
¾ The FDIC provided early assistance to
consumers and bankers affected by
Hurricanes Katrina and Rita by establishing
a 24-hour hotline (1-877-ASK-FDIC) and a
dedicated Web page
(www.FDIC.gov/hurricane) with up-to-date
banking information in the affected areas.
¾ The FDIC, along with the other federal
banking and thrift regulatory agencies and
the Financial Crimes Enforcement Network
(FinCEN), conducted a series of outreach
events for the banking industry on the Bank
Secrecy Act/Anti-Money Laundering
(BSA/AML) Examination Manual released
on June 30, 2005.
¾ The FDIC, the Federal Reserve Board and
the Office of the Comptroller of the Currency
implemented the Central Data Repository
(CDR), a secure, shared Web-based system
to collect, validate and manage banks’
quarterly Call Report data. The CDR
system took effect beginning with third
quarter 2005 Call Report data.
¾ The FDIC launched a summer-long media
campaign to raise awareness of the
importance of financial education in Hispanic
communities across the nation, and
promoted its free Money Smart financial
education program.