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| TO: |
CHIEF
EXECUTIVE OFFICER |
| SUBJECT: |
FDIC
Consumer Information Brochure on the Year 2000 Date Change |
The Federal Financial Institutions
Examination Council's (FFIEC) recent guidance on Year 2000 customer
awareness programs indicated the FFIEC was developing a customer brochure
highlighting the efforts of financial institutions and the FFIEC to
address the Year 2000 computer problem (see FIL-52-98,
dated May 13, 1998).
The brochure, The Year 2000 Date
Change, is now available to the public and is being issued by the Federal
Deposit Insurance Corporation (FDIC).
The brochure:
-
Addresses basic consumer questions
about the potential effects of the Year 2000 date change on financial
institutions,
-
Reassures consumers that the industry
and regulators are taking appropriate steps to address the problem,
and
- Reminds consumers that the
Year 2000 date change will not affect their FDIC deposit insurance
coverage.
Currently, the brochure is available
only in English. The FDIC plans to develop a Spanish version later in
the year.
The brochure may be reprinted
in its entirety without permission from the FDIC. The brochure also
may be customized to fit the needs of your institution. However, unless
the brochure text is used in its entirety, without modification, the
FDIC logo may not be used and the brochure may not be attributed to
the FDIC.
Procedures for Obtaining Copies
of the Brochure
Camera-Ready Art to Make Your
Own Reprints: Due to the substantial demand anticipated for this
brochure, the FDIC is providing all FDIC-insured institutions with the
attached camera-ready art that they may use to produce their own supplies
of the brochure.
Copies Available Directly from the
FDIC: A copy of the brochure can be downloaded from the FDIC's Internet
site. The brochure is located at: www.fdic.gov/consumer/index.html.
Single copies of the brochure
may be obtained from the FDIC's Public Information Center by writing,
faxing or e-mailing your request: Write to: FDIC Public Information
Center 801 17th Street, NW, Room 100 Washington, DC 20434 Fax: (703) 562-2296
E-mail: publicinfo@fdic.gov
Bulk quantities of the brochure, up to 50 copies per institution, may
be obtained by faxing your request to the FDIC Warehouse at (703) 516-5201.
Your request should be written on your institution's letterhead. Your
request must include a contact name, a telephone number where the contact
may be reached, the title of the document, and the number of copies
requested.
For further information about
The Year 2000 Date Change, please call Edward Silberhorn, Consumer
Affairs Specialist in the FDIC's Division of Compliance and Consumer
Affairs, at (202) 942-3425.
| Carmen
J. Sullivan |
Nicholas J. Ketcha
Jr. |
| Director Division
of Compliance and Consumer Affairs |
Director Division
of Supervision |
Attachment: FDIC brochure, The Year 2000 Date Change (No electronic attachment available)
Distribution: Insured Banks (Commercial
and Savings) and Insured U.S. Branches of Foreign Banks NOTE: Paper
copies of FDIC financial institution letters may be obtained through
the FDIC's Public Information Center, 801 17th Street, NW, Room 100,
Washington, DC 20434 (800-276-6003 or (703) 562-2200).
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