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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

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FDIC's Systemic Resolution Advisory Committee to Meet April 14

FOR IMMEDIATE RELEASE
April 12, 2016
Media contact:
Julianne Fisher Breitbeil
(202) 898-6895
jbreitbeil@fdic.gov

The Federal Deposit Insurance Corporation's Systemic Resolution Advisory Committee is scheduled to meet Thursday, April 14, in Washington, D.C. FDIC Chairman Martin J. Gruenberg will begin the meeting at 9 a.m. with opening remarks.

Elke König, Chair of the Single Resolution Board, will deliver the keynote address on developments in the European Union starting at 1:30 p.m.

The FDIC created the Systemic Resolution Advisory Committee in 2011 to receive advice and feedback on issues related to the implementation of the resolution authorities contained in the Dodd-Frank Wall Street Reform and Consumer Protection Act.

The meeting is open to the public and can be watched through a live webcast. More information about the Systemic Resolution Advisory Committee is available at http://www.fdic.gov/about/srac/.

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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, 6,182 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-30-2016

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