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Financial Institution Letter
Letter to Stakeholders First Quarter 2008 Edition of FDIC'S Letter to Stakeholders
Summary: The FDIC has issued the attached Letter to Stakeholders from FDIC Chairman Sheila Bair, which reports on the FDIC's activities and accomplishments during the first quarter of 2008.


Among the significant activities and accomplishments reported in this edition of the FDIC's Letter to Stakeholders are the following:

  • The FDIC received its sixteenth consecutive set of unqualified audit opinions on the financial statements for the Deposit Insurance Fund (DIF) and the FSLIC Resolution Fund.
  • The DIF earned assessment income of $643 million in 2007. The FDIC estimates assessment income earned of $448 million in the first quarter of 2008.
  • During the first quarter of 2008, DIF's contingent liability for anticipated failures increased by $459 million to $583 million at quarter end.
  • The FDIC's Advisory Committee on Economic Inclusion convened to discuss asset-building opportunities for individuals and banks.
  • The FDIC issued a Financial Institution Letter on Managing Commercial Real Estate Concentrations in a Challenging Environment (FIL-22-2008).

Your feedback to the Letter to Stakeholders is encouraged, as are suggestions for improvement. For more information, visit the FDIC's Web site at .


FDIC-Insured Institutions

Suggested Routing: 
Chief Executive Officer

FDIC financial institution letters (FILs) may be accessed from the FDIC's Web site at .

To receive FILs electronically, please visit .

Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (1-877-275-3342 or 703-562- 2200).



Additional Related Topics:

  • FDIC Key Indices
  • Letter to Stakeholders
Last Updated: May 1, 2008