Letter To Stakeholders Third Quarter 2005 Edition of the FDIC's Letter to Stakeholders
FIL-102-2005 October 11, 2005
The FDIC has issued its quarterly Letter to Stakeholders, which reports on the FDICs priorities and activities for the third quarter of 2005. The Letter to Stakeholders is attached.
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.