FDIC Issues Fourth Quarter 2010 CRA Examination Schedule

Press Releases
FDIC issues fourth quarter 2010 CRA examination schedule

AS SOON AS THE PUBLICATION OF THE
30. August 2010 Media Contact:
David Barr (202) 898-6992

The Federal Deposit Insurance Corporation (FDIC) has made a public list of the organisations it is scheduled for 2010 in the fourth quarter of the Community Reinvestment Act (CRA) for review.This list shall be published in the revised rules published in THE CANADA REVENUE AGENCY in May 1995 that require each federal banking and thrift regulatory authority, on a quarterly basis, a CRA examination schedule for at least 30 days before the beginning of each quarter.

Review of the schedule in the result set, the size of the establishment and CRA rating survey frequency.Absent a reasonable cause body EUR 250 million or less in assets and CRA rating, CRA examination shall be carried out with satisfactory may be not more than once to 48 months. out of a reasonable cause body 250 million or less in assets and CRA rating to be recovered, the CRA examination may be not more than once in 60 months.

Institutions examine the October 1, 2010, 31.December 2010 through schedule is now based on best evidence available schedules can change. study. for example, not specifically assigned to the investigation of a regulated financial institution may be examined in the context of the application for the recourse to the marginal lending facility. Alternatively, certain establishments may require more time and resources than originally reserved for the delay in such a way as to enable other scheduled inspections. If the institution is rescheduled, you will get information on the different quarters of the later in the list.

Regulators to encourage institutions to determine his or her point of view, FDIC, pursuant to THE CANADA REVENUE AGENCY. supervised institutions of comments should be directed to the institutions or area of the appropriate FDIC Regional Office of the Deputy Leader European Parliamentary Labour Party (the locations list in the annex to the regulation). before completion CRA examination in all public comments are taken into account.

For today on a quarterly basis, a list if not available, call (703) 562-2200 (877) 275-3342, request to (703) 562-2296, fax or write to:

FDIC
Public Information Center
3501 Fairfax Drive
Room E-1002
Arlington, VA 22226-

On a quarterly basis, the list is also available on the Internet at www.fdic.gov.

Community Reinvestment Act is 1977 law is designed to encourage the insured banks and thrifts, where they are in the business of the credit for the vessels chartered needs also low and moderate income neighborhoods, safe and sound operations.

Attachments:

Congress created the Federal Deposit Insurance Corporation to restore the public's confidence in the nation of the banking system of the 1933. deposits FDIC takaatte successful nation 7,932 banks and savings associations and it contributes to the stability and security by identifying, monitoring and deal with risks for which they are exposed to the FDIC may not. federal tax dollars – the insured financial institutions to finance their activities.

FDIC press releases and other information is electronically available on the Internet at www.fdic.gov order (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained from the FDIC's Public Information Center (877-275-3342 or 703-562-2200).PR-199-2010