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Bank Accounting and Reporting

Accounting, Auditing, and Securities Disclosure
September 18, 1997

TO: CHIEF EXECUTIVE OFFICER
SUBJECT: FDIC Selects Regional Accountants

The FDIC's Division of Supervision (DOS) recently realigned its regional office responsibilities as part of its Case Manager Program. In order to further the program's goals of streamlining the supervision process and simplifying communication channels with insured institutions, DOS has established the position of regional accountant at each of its eight regional offices.

As a result of changes in accounting standards and an increase in the complexity of transactions, FDIC examiners have more frequently encountered complicated accounting questions in recent years. The regional accountants, all of whom are certified public accountants and who previously served as bank examiners, are technical specialists to whom examiners, case managers and other regional staff may turn for advice on bank accounting and regulatory reporting issues. In addition, bankers and their independent public accountants may contact their appropriate regional accountant to discuss accounting and regulatory reporting matters.

The attachment identifies each regional accountant and provides his or her office address, telephone number, fax number, e-mail address and the states whose banks are generally supervised by that office.

If you have questions, please contact your appropriate regional office.


Nicholas J. Ketcha Jr.
Director

Attachment (7 kb, PDF help or hard copy )

Distribution: All FDIC-Supervised Institutions

NOTE: Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 801 17th Street, N.W., Room 100, Washington, D.C. 20434 (800-276-6003 or (703) 562-2200).


FIL-91-97

Last Updated: September 18, 1997