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| FOR IMMEDIATE RELEASE
David Barr (202) 898-6992
The Federal Deposit Insurance Corporation (FDIC) has issued the public list of institutions that it has scheduled for a Community Reinvestment Act (CRA) examination during the third quarter of 2002. This list is published pursuant to revised CRA regulations published in May 1995 that require each Federal bank and thrift regulator to publish a quarterly CRA examination schedule at least 30 days before the beginning of each quarter.
To receive today's quarterly list if not available as an attachment, or to be added to a mailing list for future press releases, call (703) 562-2200 or (800) 276-6003, fax a request to (703) 562-2296, or write to:
Public Information Center
801 17th Street, NW, Room 100
Washington, DC 20434
The quarterly list is also available on the Internet at www.fdic.gov. The Community Reinvestment Act is a 1977 law intended to encourage insured banks and thrifts to help meet the credit needs of the communities in which they are chartered to do business, including low- and moderate-income neighborhoods, consistent with safe and sound operations.
FDIC Issues Third Quarter CRA Examination Schedule
FDIC Regional Offices
Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 9,613 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed.
FDIC press releases and other information are available on the Internet at www.fdic.gov or through the FDIC's Public Information Center (800-276-6003 or (703) 562-2200).
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