FDIC TO CONDUCT WORKSHOP ON EXAMINATIONS FOR MINORITY BANKERS
FOR IMMEDIATE RELEASE
Bankers attending the National Bankers Association Annual
Convention in New York City this September will have a unique
opportunity to learn what regulators expect of them.
The Federal Deposit Insurance Corporation will conduct a
workshop at the convention on how bankers can prepare for
examinations and how they can work with examiners in addressing any
problems they may have, FDIC Chairman Ricki Tigert Helfer announced
Speaking to the NBA Regulatory/Legislative Conference in
Washington, Chairman Helfer said, "We are not going to lecture
bankers. This workshop will be designed to strengthen the
financial performance of banks through the use of case studies and
hands-on examples. In addition, senior examiners will provide a
checklist of the factors they evaluate in assigning a supervisory
rating to a bank.
"This workshop is the latest effort in our continuing
commitment to provide minority-owned banks with technical
assistance and educational programs. It is also an example of how
we at the FDIC are changing our focus. Over the last decade, the
FDIC's principal job was to resolve failed banks. Going forward,
we must concentrate on helping banks and other financial
institutions stay open and operate safely and soundly," she said.
Samuel L. Foggie, president of the NBA, asked the FDIC to
sponsor the workshop. Section 308 of the Financial Institutions
Reform, Recovery and Enforcement Act of 1989 calls on the FDIC to
provide minority-owned banks with technical assistance and
Founded in 1927, the National Bankers Association represents
the interests of minority-owned and women-owned banks.