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ALLOWANCE FOR LOAN LOSSES
FOR IMMEDIATE RELEASE
PR-40-99 (7-12-99)

Securities and Exchange Commission
Federal Deposit Insurance Corporation
Federal Reserve Board
Office of the Comptroller of the Currency
Office of Thrift Supervision

Joint Release

Washington, D.C.
July 12, 1999

FDIC-PR-40-99

Media Contacts:
SEC: John Heine (202) 942-0022
FDIC: David Barr (202) 898-6992
FRB: Bob Moore (202) 452-3215
OCC: Robert Garsson (202) 874-5770
OTS: Paul Lockwood (202) 906-6677


The Securities and Exchange Commission, Federal Deposit Insurance Corporation, Federal Reserve Board, Office of the Comptroller of the Currency and Office of Thrift Supervision have jointly issued the attached letter to financial institutions on the allowance for loan losses.

Attachment

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Last Updated 07/19/1999 communications@fdic.gov