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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank



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Resolutions Process Calendar
The timeline provided details the expected calendar days for each major function within the Resolution Process.

                                                                            (Calendar Days)
1-8 9-41 42 43 44 45 46 47 48 49 50 51 52 - 70 71- 94 95 96 97 98 99 100 101 102 103 104 105 106
1) FAILING BANK NOTICE/CU LETTER

Days 1 - 8
-Select Information & AVR Teams
-Request FB information memo from DOS
-Notify all Regulatory Agencies
-Crack download tapes
2) INFO PACKAGE ASSEMBLED/TRANS. STRUCTURED days 9 - 41
-Provide Mktg Recommendation for Washington Office
-Provide Legal with recommendation to draft documents
-Scrub information package
3) AVR PACKAGE ASSEMBLED days 9 - 41
AVR REVIEWED BY REGION Day 42 Day 43 Day 44 Day 45 Day 46 Day 47 Day 48 Day 49 Day 50 Day 51 Day 52 - 70
4) CAPITAL CALL MADE/BOARD RESOLUTION SIGNED
5) INFORMATION MEETING Day 42 Day 43 Day 44 Day 45 Day 46 Day 47 Day 48 Day 49 Day 50 Day 51
-Invite Approved Bidders
-Prepare bidder information packages
-Conduct Meeting
6) DUE DILIGENCE Day 52 - 70 Day 71-94
-Update B/S and Deposit Info.
7) BID ACCEPTANCE/ANALYSIS/BOARD AUTHORITY Day 95 Day 96 Day 97 Day 98 Day 99 Day 100 Day 101 Day 102 Day 103
8) WINNING BIDDER SIGNS DOCUMENTS Day 105
9) CLOSING DATE Day 106
Last Updated 05/30/2002

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