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Inactive Financial Institution Letters

Letter To Stakeholders
Third Quarter 2005 Edition of the FDIC's Letter to Stakeholders
FIL-102-2005
October 11, 2005


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

Highlights:
  • The FDIC's accomplishments during the third quarter of 2005 include the following:

    • The FDIC provided early assistance to consumers and bankers affected by Hurricanes Katrina and Rita by establishing a 24-hour hotline (1-877-ASK-FDIC) and a dedicated Web page (www.FDIC.gov/hurricane) with up-to-date banking information in the affected areas.
    • The FDIC, along with the other federal banking and thrift regulatory agencies and the Financial Crimes Enforcement Network (FinCEN), conducted a series of outreach events for the banking industry on the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual released on June 30, 2005.
    • The FDIC, the Federal Reserve Board and the Office of the Comptroller of the Currency implemented the Central Data Repository (CDR), a secure, shared Web-based system to collect, validate and manage banks' quarterly Call Report data. The CDR system took effect beginning with third quarter 2005 Call Report data.
    • The FDIC launched a summer-long media campaign to raise awareness of the importance of financial education in Hispanic communities across the nation, and promoted its free Money Smart financial education program.

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-102-2005 - PDF 47k (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).


Last Updated 10/11/2005 communications@fdic.gov