Highlights:
- The FDIC had many accomplishments in the fourth quarter of 2004, including:
- Issuing a study on “account-hijacking” identity theft.
- Issuing, with other bank and thrift regulators, guidance on Internal Ratings-Based Systems for Retail Credit Risk for Regulatory Capital – a major step in the domestic implementation of the Basel capital scheme.
- Expanding outreach of its financial education program – Money Smart – to more than 300,000 consumers, resulting in the creation of about 40,000 banking relationships since the program's inception in 2001.
- Publishing a final rule that modernizes and simplifies the Deposit Insurance Assessment certified statement process.
- Feedback to the Letter to Stakeholders is encouraged, as are suggestions for improvement.
- For more information, visit the FDIC's Web site at www.fdic.gov.
Distribution:
FDIC-Insured Institutions
Suggested Routing:
Chief Executive Officer
Related Topics:
FDIC Key Indices
Attachment:
Letter to Stakeholders
Contact:
Senior Accountant Karen Flynn at kflynn@fdic.gov or 202-416-2032
Printable Format:
FIL-2-2005 - PDF 36k (PDF Help)
Note:
FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's Web site at www.fdic.gov/news/news/financial/2005/index.html.
To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html.
Paper copies of FDIC FILs may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (1-877-275-3342 or (703) 562-2200).
