Skip to main content
U.S. flag
An official website of the United States government
Dot gov
The .gov means it’s official. 
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.
Https
The site is secure. 
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
INACTIVE
This page is no longer active. Its content has expired or been rescinded by the FDIC.

Capital Standards and Year 2000 Contingency Planning

Liquidity, Funds Management, and Sensitivity to Risk
October 1, 1999

TO: CHIEF EXECUTIVE OFFICER
SUBJECT: Joint Interagency Statement

The four federal banking agencies have issued the attached joint statement addressing the agencies' supervisory approach to possible temporary balance sheet growth due to potential unusual market responses around the century date change.

If you anticipate that Year 2000-related asset growth may have a significant impact on your institution as discussed in the statement, you are encouraged to contact your FDIC Division of Supervision regional office.

James L. Sexton
Director

Attachment

Distribution: FDIC-Supervised Banks (Commercial and Savings)

NOTE: Paper copies of FDIC financial institutions letters may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room100, Washington, DC 20434 (800-276-6003 or (703) 562-2200).

Last Updated 10/1/1999 communications@fdic.gov

FIL-93-99

Last Updated: October 1, 1999