Federal Deposit Insurance Corporation
2000 Program Performance Report
Table of Contents
CHAIRMAN’S STATEMENT .................................................................................1
CORPORATE SUMMARY ....................................................................................2
EXECUTIVE SUMMARY ......................................................................................5
INSURANCE PROGRAM .....................................................................................8
Transfer of Insured Deposits or Depositor Payouts ...........................................................10
Economic Trends and Emerging Risks ..............................................................................11
Off-Site Reviews................................................................................................................14
Risk Classification..............................................................................................................15
Insurance Fund Exposure...................................................................................................17
Deposit Insurance Outreach...............................................................................................19
U.S. Leadership on Global Deposit Insurance ...................................................................21
SUPERVISION PROGRAM
Safety and Soundness.....................................................................................................................22
On-site Safety and Soundness Examinations.....................................................................24
Public Availability of Insured Depository Institution Data ...............................................25
Year 2000 Follow-Up.........................................................................................................26
Prompt Supervisory Actions .............................................................................................28
Consumer Rights............................................................................................................................30
Responses to Complaints and Inquiries .............................................................................32
FDIC Outreach Activities...................................................................................................34
CRA, Consumer Protection, and Fair Lending Law Compliance Examinations ...............36
Prompt Supervisory Actions ..............................................................................................37
2000 Program Performance Report
Table of Contents
CHAIRMAN’S STATEMENT .................................................................................1
CORPORATE SUMMARY ....................................................................................2
EXECUTIVE SUMMARY ......................................................................................5
INSURANCE PROGRAM .....................................................................................8
Transfer of Insured Deposits or Depositor Payouts ...........................................................10
Economic Trends and Emerging Risks ..............................................................................11
Off-Site Reviews................................................................................................................14
Risk Classification..............................................................................................................15
Insurance Fund Exposure...................................................................................................17
Deposit Insurance Outreach...............................................................................................19
U.S. Leadership on Global Deposit Insurance ...................................................................21
SUPERVISION PROGRAM
Safety and Soundness.....................................................................................................................22
On-site Safety and Soundness Examinations.....................................................................24
Public Availability of Insured Depository Institution Data ...............................................25
Year 2000 Follow-Up.........................................................................................................26
Prompt Supervisory Actions .............................................................................................28
Consumer Rights............................................................................................................................30
Responses to Complaints and Inquiries .............................................................................32
FDIC Outreach Activities...................................................................................................34
CRA, Consumer Protection, and Fair Lending Law Compliance Examinations ...............36
Prompt Supervisory Actions ..............................................................................................37
Federal Deposit Insurance Corporation
2000 Program Performance Report
Table of Contents
Continued
RECEIVERSHIP MANAGEMENT PROGRAM...................................................... 39
Market Failing Institutions.................................................................................................41
Market Failed Institution Assets ........................................................................................42
Professional Liability Claim Areas ....................................................................................43
Reduction in Active Receiverships ....................................................................................44
Non-Asset Defensive Litigation.........................................................................................45
MANAGEMENT OF STRATEGIC RESOURCES ................................................... 46
Major Public Policy Issues.................................................................................................48
Business Process Evaluation..............................................................................................51
Future Leadership Positions Within the Corporation.........................................................53
Corporate Diversity Plan....................................................................................................54
Internal Controls.................................................................................................................56
Security...............................................................................................................................57
GLOSSARY ......... .................. .......................................................................... 61
MULTI-YEAR PERFORMANCE TREND.............................................................. 64
PROGRAM EVALUATION.................................................................................. 80
2000 Program Performance Report
Table of Contents
Continued
RECEIVERSHIP MANAGEMENT PROGRAM...................................................... 39
Market Failing Institutions.................................................................................................41
Market Failed Institution Assets ........................................................................................42
Professional Liability Claim Areas ....................................................................................43
Reduction in Active Receiverships ....................................................................................44
Non-Asset Defensive Litigation.........................................................................................45
MANAGEMENT OF STRATEGIC RESOURCES ................................................... 46
Major Public Policy Issues.................................................................................................48
Business Process Evaluation..............................................................................................51
Future Leadership Positions Within the Corporation.........................................................53
Corporate Diversity Plan....................................................................................................54
Internal Controls.................................................................................................................56
Security...............................................................................................................................57
GLOSSARY ......... .................. .......................................................................... 61
MULTI-YEAR PERFORMANCE TREND.............................................................. 64
PROGRAM EVALUATION.................................................................................. 80