TO: |
CHIEF EXECUTIVE OFFICER |
SUBJECT: |
FFIEC Annual Report of Trust Assets for 1995
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The Annual Report of Trust Assets must be completed by all commercial
banks, savings banks and savings associations that have obtained
approval to exercise trust powers. Affiliated trust companies also must
complete the report. This letter is to inform you that the report will
be sent to your institution under separate cover in the near future, for
completion no later than February 15, 1996. No changes have been made
in the report forms this year.
The FDIC collects and processes the forms on behalf of the member
agencies of the Federal Financial Institutions Examination Council
(FFIEC). Information collected is used in the supervision and
examination of trust institutions by the Federal Reserve System,
Comptroller of the Currency, Office of Thrift Supervision and the FDIC.
If your institution does not exercise its trust powers, you must
indicate this in item 1 of the signature page and return only that page
in the envelope provided with the report. Schedule D should be
completed only by those few institutions that have an affiliated
investment advisor. In such cases, the affiliated investment advisor
should complete the form and return it directly to the FFIEC at the
address shown on the form, not to the FDIC. If your institution does
not have an affiliated investment advisor, do not complete Schedule D.
A book will be published containing information on trust assets,
collective investment funds, corporate trust activities and affiliated
investment advisors based on the report. Those institutions required to
respond to this request will receive a copy of the book.
For more information, call the FDIC's Trust and Survey Group at 800-765-4081 or 202-898-6652, or contact your primary supervisor at the
telephone number listed on page 2 of the instructions.
Thank you for your cooperation.
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