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FDIC, TRADE ASSOCIATIONS TO HOST MEETINGS WITH BANK CEOS

FOR IMMEDIATE RELEASE
PR-22-2000 (3-29-2000)
Media Contact:
David Barr (202-898-6992)

Chief executive officers of insured financial institutions have been invited to meet with Donna Tanoue, Chairman of the Federal Deposit Insurance Corporation (FDIC), to discuss deposit insurance reform, regulation and supervision issues, and economic developments. The three meetings will be held May 31-June 1 in Minneapolis, June 7-8 in Dallas, and June 28-29 in Kansas City.

"We are always interested in having a dialogue with bank CEOs and, at this time, are particularly interested in discussing deposit insurance. We are soliciting feedback from industry officials as well as consumer groups and other interested parties as part of our comprehensive review of the nation's deposit insurance system. We are pleased to be able to co-host these meetings with the trade associations," said Chairman Tanoue.

The meetings will be co-sponsored by the FDIC, the American Bankers Association, America's Community Bankers, the Independent Community Bankers of America, and the Conference of State Bank Supervisors, the association of state bank regulators. Chief executive officers will participate in informal discussions with Chairman Tanoue and her staff.

CEOs interested in registering for the meetings should contact Lorraine Fuller at the American Bankers Association at (202) 663-5326.

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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 10,220 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed.

FDIC press releases and other information, including today's quarterly listing, are available on the Internet via the World Wide Web at www.fdic.gov and may also be obtained through the FDIC's Public Information Center (800-276-6003 or (703) 562-2200), or e-mail publicinfo@fdic.gov.

Last Updated 03/29/2000 communications@fdic.gov