FFederalCharter
FederalCharter
ederalCharter
Federal
CharterFederal
CharterFederalCharter
Federal
Charter
Federal
CharterFederal
Charter
Banking
Review
FDIC
1997
A Unified Federal Charter
Recent Developments
Statistical Sampling as a Management Tool
Federal Deposit Insurance Corporation
Vol. 10, No. 1
FederalCharter
ederalCharter
Federal
CharterFederal
CharterFederalCharter
Federal
Charter
Federal
CharterFederal
Charter
Banking
Review
FDIC
1997
A Unified Federal Charter
Recent Developments
Statistical Sampling as a Management Tool
Federal Deposit Insurance Corporation
Vol. 10, No. 1
FDIC Banking Review
FDICFDIC
BankingBanking
ReviewReview
19971997
Vol. 10, No. 1Vol. 10, No. 1
ChairmanChairman
Ricki HelferRicki Helfer
Division of ResearchDivision of Research AA UnifiedUnified FederalFederal CharterCharter forfor BanksBanks andand SavingsSavings InstitutionsInstitutions
and Statistics,and Statistics,
DirectorDirector by FDIC Staffby FDIC Staff Page 1Page 1
Wm. Roger WatsonWm. Roger Watson
Deputy DirectorsDeputy Directors ThisThis stafstafff studystudy addressesaddresses thethe issuesissues concerningconcerning thethe proposalproposal toto establishestablish aa singlesingle
Barry KolatchBarry Kolatch
Steven A. SeeligSteven A. Seelig federalfederal chartercharter forfor banksbanks andand savingssavings associations.associations. TheThe studystudy discussesdiscusses thethe
EditorEditor difdifferencesferences inin thethe powerspowers ofof bankingbanking ororganizationsganizations andand thriftthrift ororganizations.ganizations. ItIt alsoalso
Steven A. SeeligSteven A. Seelig reviewsreviews thethe arargumentsguments andand evidenceevidence forfor andand againstagainst aa unificationunification ofof thethe federalfederal
Editorial CommitteeEditorial Committee
Jack T. ReidhillJack T. Reidhill charterscharters forfor depositorydepository institutions.institutions.
Detta VoesarDetta Voesar
Managing EditorManaging Editor
Detta VoesarDetta Voesar Statistical Sampling as a Management Tool in BankingStatistical Sampling as a Management Tool in Banking
Editorial SecretaryEditorial Secretary
Cathy WrightCathy Wright by Charles D. Cowanby Charles D. Cowan Page 17Page 17
Design and ProductionDesign and Production
Geri BonebrakeGeri Bonebrake TheThe authorauthor describesdescribes thethe useuse ofof samplingsampling inin aa financialfinancial settingsetting andand focuses,focuses, asas anan
illustration,illustration, onon somesome ofof thethe methodsmethods usedused byby thethe FDICFDIC toto valuevalue assetsassets inin
TheThe viewsviews expressedexpressed areare
thosethose ofof thethe authorsauthors andand dodo liquidation.liquidation. ByBy usingusing sampling,sampling, asas opposedopposed toto valuingvaluing eacheach asset,asset, significantsignificant costcost
notnot necessarilynecessarily reflectreflect offi-offi savingssavings areare achievedachieved whilewhile ensuringensuring thethe accuracyaccuracy andand qualityquality ofof thethe results.results.
cialcial positionspositions ofof thethe FederalFederal
DepositDeposit InsuranceInsurance Corpora-Corpora
tion.tion. ArticlesArticles maymay bebe rere-
printedprinted oror abstractedabstracted ifif thethe
FDICFDIC BankingBanking ReviewReview andand Recent Developments Affecting Depository InstitutionsRecent Developments Affecting Depository Institutions
a u t h o r ( s )a u t h o r ( s ) a r ea r e c r e d i t e d .c r e d i t e d .
PleasePlease provideprovide thethe FDIC'sFDIC's by Vby Valentine Valentine V.. CraigCraig Page 24Page 24
DivisionDivision ofof ResearchResearch andand
StatisticsStatistics withwith aa copycopy ofof anyany ThisThis regularregular featurefeature ofof thethe FDICFDIC BankingBanking ReviewReview containscontains informationinformation onon regula-regula
publicationspublications containingcontaining rere-
printed material.printed material. torytory agencyagency actions,actions, statestate legislationlegislation andand regulation,regulation, andand articlesarticles andand studiesstudies perti-perti
Single-copySingle-copy subscriptionssubscriptions nentnent toto bankingbanking andand depositdeposit insuranceinsurance issues.issues.areare availableavailable toto thethe publicpublic
freefree ofof charge.charge. RequestsRequests forfor
subscriptions,subscriptions, backback issuesissues oror
addressaddress changeschanges shouldshould bebe
mailedmailed to:to: FDICFDIC BankingBanking Re-Re
viewview,, OfficeOffice ofof CorporateCorporate
Communications,Communications, FederalFederal
DepositDeposit InsuranceInsurance Corpora-Corpora
tion,tion, 550550 17th17th Street,Street, N.W.,N.W.,
Washington, DCWashington, DC 20429.20429.
FDICFDIC
BankingBanking
ReviewReview
19971997
Vol. 10, No. 1Vol. 10, No. 1
ChairmanChairman
Ricki HelferRicki Helfer
Division of ResearchDivision of Research AA UnifiedUnified FederalFederal CharterCharter forfor BanksBanks andand SavingsSavings InstitutionsInstitutions
and Statistics,and Statistics,
DirectorDirector by FDIC Staffby FDIC Staff Page 1Page 1
Wm. Roger WatsonWm. Roger Watson
Deputy DirectorsDeputy Directors ThisThis stafstafff studystudy addressesaddresses thethe issuesissues concerningconcerning thethe proposalproposal toto establishestablish aa singlesingle
Barry KolatchBarry Kolatch
Steven A. SeeligSteven A. Seelig federalfederal chartercharter forfor banksbanks andand savingssavings associations.associations. TheThe studystudy discussesdiscusses thethe
EditorEditor difdifferencesferences inin thethe powerspowers ofof bankingbanking ororganizationsganizations andand thriftthrift ororganizations.ganizations. ItIt alsoalso
Steven A. SeeligSteven A. Seelig reviewsreviews thethe arargumentsguments andand evidenceevidence forfor andand againstagainst aa unificationunification ofof thethe federalfederal
Editorial CommitteeEditorial Committee
Jack T. ReidhillJack T. Reidhill charterscharters forfor depositorydepository institutions.institutions.
Detta VoesarDetta Voesar
Managing EditorManaging Editor
Detta VoesarDetta Voesar Statistical Sampling as a Management Tool in BankingStatistical Sampling as a Management Tool in Banking
Editorial SecretaryEditorial Secretary
Cathy WrightCathy Wright by Charles D. Cowanby Charles D. Cowan Page 17Page 17
Design and ProductionDesign and Production
Geri BonebrakeGeri Bonebrake TheThe authorauthor describesdescribes thethe useuse ofof samplingsampling inin aa financialfinancial settingsetting andand focuses,focuses, asas anan
illustration,illustration, onon somesome ofof thethe methodsmethods usedused byby thethe FDICFDIC toto valuevalue assetsassets inin
TheThe viewsviews expressedexpressed areare
thosethose ofof thethe authorsauthors andand dodo liquidation.liquidation. ByBy usingusing sampling,sampling, asas opposedopposed toto valuingvaluing eacheach asset,asset, significantsignificant costcost
notnot necessarilynecessarily reflectreflect offi-offi savingssavings areare achievedachieved whilewhile ensuringensuring thethe accuracyaccuracy andand qualityquality ofof thethe results.results.
cialcial positionspositions ofof thethe FederalFederal
DepositDeposit InsuranceInsurance Corpora-Corpora
tion.tion. ArticlesArticles maymay bebe rere-
printedprinted oror abstractedabstracted ifif thethe
FDICFDIC BankingBanking ReviewReview andand Recent Developments Affecting Depository InstitutionsRecent Developments Affecting Depository Institutions
a u t h o r ( s )a u t h o r ( s ) a r ea r e c r e d i t e d .c r e d i t e d .
PleasePlease provideprovide thethe FDIC'sFDIC's by Vby Valentine Valentine V.. CraigCraig Page 24Page 24
DivisionDivision ofof ResearchResearch andand
StatisticsStatistics withwith aa copycopy ofof anyany ThisThis regularregular featurefeature ofof thethe FDICFDIC BankingBanking ReviewReview containscontains informationinformation onon regula-regula
publicationspublications containingcontaining rere-
printed material.printed material. torytory agencyagency actions,actions, statestate legislationlegislation andand regulation,regulation, andand articlesarticles andand studiesstudies perti-perti
Single-copySingle-copy subscriptionssubscriptions nentnent toto bankingbanking andand depositdeposit insuranceinsurance issues.issues.areare availableavailable toto thethe publicpublic
freefree ofof charge.charge. RequestsRequests forfor
subscriptions,subscriptions, backback issuesissues oror
addressaddress changeschanges shouldshould bebe
mailedmailed to:to: FDICFDIC BankingBanking Re-Re
viewview,, OfficeOffice ofof CorporateCorporate
Communications,Communications, FederalFederal
DepositDeposit InsuranceInsurance Corpora-Corpora
tion,tion, 550550 17th17th Street,Street, N.W.,N.W.,
Washington, DCWashington, DC 20429.20429.