Joint Release: CRA hearing in Chicago is available For Online viewing

Press ReleasesThe Directors General of the United States Government
Currency as the Chief Financial Officer Office
The Federal Deposit Insurance Corporation
Office of Thrift Supervision
CRA hearing in Chicago is available For Online viewing

Online viewing is available for public consultation Thursday, Chicago, kuljetusjärjestelmiä options that meet the Community Reinvestment Act (CRA).

This is the third of four public hearings, the Federal Deposit Insurance Corporation, currency control and the Chief Financial Officer Office of the Executive Board of the Agency, in conjunction with the Thrift sponsored.

The hearing is scheduled for Thursday, August 12,-4: 30 p.m. Federal Reserve Bank of Chicago from 9: 00 onwards. at the hearing, you can view online at: www.ustream.tv/channel/federalreserve.tekstitys must also be available online. at the hearing, copy of which is attached the agenda.

After Chicago at the hearing, the hearing transcript and agencies post audio recording www.federalreserve.gov.on the series CRA guidelines on the revised threshold applying to public hearings, the sending of the comments, for more information, see www.ffiec.gov/cra/hearings.htm.# ##

Annex:
Joint Public Hearing on the Community Reinvestment Act regulation agenda-PDF (PDF help)

Media contacts:

FDIC: PR-182-2010

Salt Lake City Bank and Trust Company, Salt Lake City, Illinois, reply to all, Ravenswood Bank deposits, Chicago, Illinois

Press Releases
Salt Lake City Bank and Trust Company, Salt Lake City, Illinois, reply to all, Ravenswood Bank deposits, Chicago, Illinois

AS SOON AS THE PUBLICATION OF THE
6. August 2010 Media Contact:
Greg Hernandez (202) 898-6984
Cell: (202) 340-4922
Email: ghernandez@fdic.gov

Ravenswood Bank, Chicago, Illinois, has ended today, the Illinois Department of financial and Professional regulation, Division of Banking, appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. Depositors, purchase and assumption agreement, Salt Lake City Bank and Trust Company, Salt Lake City, Illinois, it is assumed that all deposits Ravenswood Bank FDIC.

Ravenswood Bank two branch open on Saturday as the Salt Lake City Bank and Trust Company. Ravenswood Bank depositors will appear automatically in the depositors of the Salt Lake City Bank and Trust Company FDIC insured Deposits continue., so there is no need for customers to change banking relations between them in order to preserve the deposit insurance coverage.Ravenswood Bank customers should continue to use the existing branch, before they receive notice in Salt Lake City Bank and Trust Company, that it is complete, so that other Salt Lake City Bank and Trust Company branches account for changes in the systems.

This evening and over the weekend, the depositors of the Ravenswood Bank uses money in writing checks or using ATM or debit card cards.Further Bank. Loan customers should continue their for the purpose of effecting payments in the usual manner.

30. June 2010, Ravenswood Bank had approximately 264.6 million dollar assets and the 269.5 million euro in total deposits. Salt Lake City Bank and Trust Company to pay the FDIC 0.90% of the premium, Ravenswood Bank-brokered deposits.In addition to the assumption of a failed Bank-brokered deposits, Salt Lake City Bank and Trust Company decided to purchase substantially all the assets.

FDIC and Salt Lake City Bank and Trust Company became the LGD 161.3 million dollar transaction, Ravenswood Bank funds. Salt Lake City Bank and Trust Company share loan losses asset pools LGD within the scope of the agreement.Loss-to-GDP ratio is projected to maximise the return on the transaction to keep the assets covered by the private sector.The event of serious internal disturbances affecting the maintenance loan customers are also expected to curtail. LGD for more information, please visit: http://www.fdic.gov/bank/individual/failed/lossshare/index.html.

Customers who have questions about today's event can call the FDIC toll free 1-800-430-7974. phone number: 00-functional 9 p.m., Central Daylight Time (Centre), until the evening of Saturday-9: 00 a.m. 6: 00 p.m., the translation Centre for bodies of the European Union; on Sunday, April 26, 2009 at 6: 00 p.m., the translation Centre for bodies of the European Union; and after 8: 00 a.m. 8: 00 p.m., the translation Centre for bodies of the European Union. interested parties may also visit the FDIC's Web site at http://www.fdic.gov/bank/individual/failed/ravenswood.html.

FDIC estimates that the cost of Deposit Insurance (DIF), 68,1 million dollars is. compared to the other options, Salt Lake City Bank and Trust Company acquisition was the cheapest, the accuracy of the FDIC DIF Ravenswood Bank has to face. the nation this year, the FDIC insured with the institution and 109th thirteenth, Illinois Last FDIC insured institution. closed was Arcola Homestead savings bank, Arcola, 4 June 2010.

# # #

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-181-2010

Urban partnership Bank, Chicago, Illinois, reply to all, ShoreBank, Chicago, Illinois deposits

Press Releases
Urban partnership Bank, Chicago, Illinois, reply to all, ShoreBank, Chicago, Illinois deposits

AS SOON AS THE PUBLICATION OF THE
20. August 2010 Media Contact:
David Barr
Phone: 202) 898-6992
Cell: (703) 622-c(2006) 4790
Email: dbarr@fdic.gov

ShoreBank, Chicago, Illinois, has ended today, the Illinois Department of financial and professional regulation, to be appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. depositors, purchase and assumption agreement with Urban partnership Bank, Chicago, Illinois, recently vessels chartered institution assumes that all FDIC ShoreBank deposits came.

ShoreBank 15 branches open than Urban partnership Bank-Detroit, Michigan, and Cleveland, Ohio, those of a normal business hours, including Saturday hours in accordance with the said establishments. branches of depositors is automatically set to the depositors of the ShoreBank Urban partnership Bank. FDIC insured Deposits continue, so there is no need for customers to change banking relations between them in order to preserve the deposit insurance coverage.ShoreBank customers should continue to use existing branch, before they receive communication in the framework of the Urban partnership Bank that it is a ready-to-use systems changes.

This evening and over the weekend, the depositor in writing to provide cash checks ShoreBank or by using ATM or debit card cards. handled for the Bank to carry out checks.Loan customers should continue their for the purpose of effecting payments in the usual manner.

30. June 2010, ShoreBank was about 2.16 billion dollar assets and the 1.54 billion dollars in total deposits.Urban partnership the Bank shall pay to the FDIC 0.50% to assume all the premium ShoreBank deposits.In addition to assuming all of the deposits of the failed Bank, Urban partnership Bank agree to purchase substantially all the assets, except in the case of marketable securities and fixed assets.

Urban partnership between the Bank and the FDIC entered the LGD of a transaction, 1.41 billion u.s. dollars of funds ShoreBank. Urban partnership Bank share loan losses asset pools within the scope of the agreement the LGD. LGD to help maximize the return on the transaction is expected to keep the assets covered by the private sector.The event of serious internal disturbances affecting the maintenance of the loan are also expected to reduce customers.For more information about the LGD, please visit: http://www.fdic.gov/bank/individual/failed/lossshare/index.html.

Customers who have questions about today's event can call the FDIC toll free 1-800-523-8503. phone number: 00-functional 9 p.m., Central Daylight Time (Centre), until the evening of Saturday-9: 00 a.m. 6: 00 p.m., the translation Centre for bodies of the European Union; on Sunday, April 26, 2009 at 6: 00 p.m., the translation Centre for bodies of the European Union; and after 8: 00 a.m. 8: 00 p.m., the translation Centre for bodies of the European Union. interested parties may also visit the FDIC's Web site at http://www.fdic.gov/bank/individual/failed/shorebank.html.

FDIC estimates that the cost of Deposit Insurance (DIF), is 367.7 million dollars compared to other options., Urban partnership from the Bank's acquisition was the cheapest, the accuracy of the FDIC DIF. ShoreBank is FDIC insured institution 114th-to face the nation this year, and posted, Illinois Last FDIC insured institution. closed was Palos Bank and Trust Company, Palos Heights, 13.August 2010.

Annex:
The page-PDF (PDF help)

# # #

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-193-2010