Michael J. Dean Named FDIC Atlanta Regional Director
January 6, 2015
The Federal Deposit Insurance Corporation (FDIC) appointed Michael J. Dean as Regional Director for the Atlanta Region. Mr. Dean has been the Acting Regional Director for that office since April 2014. Mr. Dean will oversee the FDIC's bank supervisory and compliance activities in Alabama, Florida, Georgia, North Carolina, South Carolina, Virginia and West Virginia. The Atlanta Region supervises 819 institutions with assets of over $454 billion.
Mr. Dean has held a variety of executive positions during his 28-year career with the FDIC, including Deputy Regional Director in Risk Management and Compliance, National Minority Depository Institution Coordinator, Acting Deputy Director for Strategic Planning and Human Resource, and Acting Associate Director for Compliance. He holds a risk management commission and has served in the FDIC's offices in Atlanta, Memphis and Washington, D.C.
Doreen Eberley, Director of the Division of Risk Management Supervision said, "Over his career, Mike has developed strong insights into operational and supervisory challenges. He brings a depth of experience in both the risk management and compliance disciplines."
Mark Pearce, Director of the Division of Depositor and Consumer Protection added, "Mike is a leader with proven judgment and capability in supervising financial institutions and managing our operations."
Mr. Dean holds an MBA from the University of Massachusetts and is a graduate of Bryan College and the Graduate School of Banking of the South.
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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, 6,589 as of September 30, 2014. 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-2-2015