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Financial Institution Letter
LETTER TO STAKEHOLDERS


TO: CHIEF EXECUTIVE OFFICER
SUBJECT: Third Quarter 2003 Edition of the FDIC's Letter to Stakeholders
Summary: The FDIC issues its sixth Letter to Stakeholders, a report of the agency's activities for the third quarter of 2003.

The Federal Deposit Insurance Corporation (FDIC) has issued its sixth Letter to Stakeholders, which reports on our priorities and activities for the third quarter of 2003.

As we move closer to year-end 2003, we are making progress in realizing our aggressive goals for this year. We continue to focus on stability of the industry and the insurance funds; sound policy positions, supported by substantive research and led by comprehensive deposit insurance reform legislation; and stewardship of the Corporation to ensure that we do our job in the most efficient and effective manner possible.

Your feedback to the Stakeholders Letter is always welcome, as are suggestions for improvements. For additional information, please visit our Web site at www.fdic.gov .


Don Powell
Chairman

Attachment: Third Quarter 2003 Letter to Stakeholders

Distribution: FDIC-Insured Institutions

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 (1-877-275-3342, option 5, or (703) 562-2200).


FIL-77-2003
Last Updated: October 10, 2003