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Each depositor insured to at least $250,000 per insured bank



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Inactive Financial Institution Letters

Letter to Stakeholders
First Quarter 2005 Edition of the FDIC's Letter to Stakeholders
FIL-28-2005
April 11, 2005


Summary: The FDIC has issued its quarterly Letter to Stakeholders, which reports on the priorities and activities for the first quarter of 2005. The Letter to Stakeholders is attached.

Highlights:
  • The FDIC's many accomplishments during the first quarter of 2005 include:
    • Holding a "Fighting Back Against Phishing and Account-Hijacking" symposium.
    • Issuing jointly with the Office of the Comptroller of the Currency and the Federal Reserve Board a notice of proposed rulemaking that would raise the threshold for a "small bank" in the CRA regulations from $250 million in assets to include those banks with under $1 billion in assets, regardless of any holding company size or affiliation.
    • Issuing, along with other federal bank and credit union regulatory agencies, final joint guidance to assist insured depository institutions in the disclosure and administration of overdraft protection programs.
  • Your 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-28-2005 - PDF 46k (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 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 or (703) 562-2200).


Last Updated 04/11/2005 communications@fdic.gov

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