The FDIC has issued the public list of its institutions (154kb PDF file - PDF Help or hard copy) to be examined under regulations implementing the Community Reinvestment Act (CRA).
The list covers the second quarter of 1998.
In May 1995, the Federal bank and thrift regulators published revised CRA regulations that require each regulator to publish a quarterly CRA examination schedule at least 30 days before the beginning of each quarter, beginning January 1, 1996.
The regulators encourage public comment on the institutions to be examined
under the CRA. Comments about FDIC-supervised institutions should be
directed to the institutions themselves or to the Regional Director of
the appropriate FDIC regional office (a list of those locations is attached). All public comments received prior to completion of a CRA
examination will be considered.
All public comments received prior to completion of a CRA examination will
be considered.
The schedule of institutions to be examined April 1, 1998 through
June 30, 1998, is based on the best information now available.
Examination schedules may change. For example, unanticipated supervisory
issues could arise that may necessitate examination of an institution that
is not on the published list. Such issues may arise as the result of a CRA
protest, a consumer complaint, or other significant events. Additionally,
some institutions may require more time and resources than originally
allotted, thus delaying completion of an examination and delaying other
scheduled examinations. If an institution is rescheduled for a different
quarter, that information will be included on a later list.
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:
FDIC
Office of Corporate Communications
Public Information Center
801 17th Street, N.W., Room 100
Washington, D.C. 20434
(e-mail: publicinfo@fdic.gov)
The quarterly list is also available on the Internet. (See
www.fdic.gov for both
attachments to this press release: 1) the Second Qtr CRA Examination Schedule and
2) the list of FDIC Regional Directors.)
The Community Reinvestment Act is a 1977 law intended to encourage insured
banks and thrifts to meet local credit needs, including those of low- and
moderate-income neighborhoods, consistent with safe and sound operations.
FDIC press releases and other information, including today's quarterly
listing, are available on the Internet at
www.fdic.gov or through the FDIC's Public
Information Center,(800-276-6003 or (703) 562-2200).
