FDIC Announces Advisory Committee on Community Banking Meeting
April 1, 2015
LaJuan Williams-Young (202) 898-3876
The Federal Deposit Insurance Corporation (FDIC) today announced that it will hold a meeting of the Advisory Committee on Community Banking on Thursday, April 2. Senior staff will provide updates on the FDIC’s community bank initiatives, its regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA), the FDIC’s Professional Liability Program and cyber security issues. The Committee will also discuss developments in retail payment systems and recently issued supervisory guidance.
Established in May 2009, the Advisory Committee on Community Banking discusses and provides input to the FDIC on a wide variety of topics, including current examination policies and procedures, credit and lending practices, deposit insurance assessments, insurance coverage and regulatory compliance.
The meeting is open to the public and will be held from 9:00 a.m. to 3:00 p.m. in the FDIC’s main building located in Washington, DC, at 550 17th Street, N.W. The meeting also will be webcast live.
The agenda for the meeting and a link to the webcast are available at https://www.fdic.gov/communitybanking/2015/2015-04-02_agenda.html
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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 banks and savings associations, 6,509 as of December 31, 2015. It promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars — insured financial institutions fund its operations.
FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200). PR-30-2015