Press Releases

20001999 |  1998 |  19971996199519941993199219911990Return to Current Year  


December 18, 1998
The September 30, 1998 Uniform Bank Performance Report (UBPR) is now being distributed to all insured commercial banks and Federal Deposit Insurance Corporation - Insured Savings Banks (FDIC-ISB), and is available for sale to the public. For the most part the formats for the commercial banks and the FDIC-ISB's are identical; however, the FDIC-ISB has their own unique UBPR peer groupings.

December 11, 1998
The Federal Financial Institutions Examination Council (FFIEC) today issued answers to frequently asked questions on Year 2000 contingency planning. The FFIEC Q&A on Contingency Planning document clarifies expectations for completing remediation and business resumption contingency plans and it supplements previous FFIEC Year 2000 guidance.

December 7, 1998
Acting Comptroller of the Currency Julie L. Williams, Chairman of the Federal Financial Institutions Examination Council, announced today the appointment of Keith J. Todd as Executive Secretary of the Council. Mr. Todd most recently served as the Council's Assistant Executive Secretary.

November 5, 1998
The Federal Financial Institutions Examination Council announced today that its Washington, DC office will be relocating effective November 9th, 1998.

October 7, 1998
The Task Force on Supervision, acting under delegated authority from the Federal Financial Institutions Examination Council (FFIEC), announced today that it has approved an updated Uniform Interagency Trust Rating System (UITRS), and is recommending that FFIEC member agencies adopt and implement the updated rating system effective January 1, 1999.

September 23, 1998
The June 30, 1998 Uniform Bank Performance Report (UBPR) is now being distributed to all insured commercial banks and Federal Deposit Insurance Corporation - Insured Savings Banks (FDIC-ISB), and is available for sale to the public. For the most part the formats for the commercial banks and the FDIC-ISB's are identical, however, the FDIC-ISB has their own unique UBPR peer groupings.

August 31, 1998
The Federal Financial Institutions Examination Council (FFIEC) today issued Guidance on the Year 2000 that addresses commonly asked questions of concern to financial institutions and their service providers and software vendors. (Questions and Answers Concerning FFIEC Year 2000 Policy)

August 28, 1998
The FFIEC has added a new CRA Rating Search function to its Internet site http://www.ffiec.gov/craratings/default.aspx.

August 24, 1998
The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on small business, small farm, and community development lending reported by commercial banks and savings associations (including savings banks and savings and loan associations) pursuant to the Community Reinvestment Act (CRA).

August 6, 1998
The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data about 1997 mortgage lending activity in metropolitan areas and released analyses of nationwide summary statistics regarding lending patterns.

August 3, 1998
The Federal Financial Institutions Examination Council (FFIEC) announces the location and date for its 1998 Risk Management Planning seminar.

July 15, 1998
The Federal Financial Institutions Examination Council (FFIEC) has issued industry guidance on the consumer regulatory implications of emerging electronic banking technologies.

July 14, 1998
The Federal Financial Institutions Examination Council (FFIEC) announced today the availability of data on 1997 mortgage lending transactions at individual institutions in metropolitan areas throughout the nation. These data, in the form of disclosure statements, are available from the 7,925 lenders covered by the Home Mortgage Disclosure Act (HMDA).

July 8, 1998
The Federal Financial Institutions Examination Council's Task Force on Supervision today issued an updated work program for conducting Year 2000 examinations in all Federally supervised banks, savings associations and credit unions, as well as service providers and certain software vendors supporting these financial institutions.

July 6, 1998
Federal bank regulators today issued proposals for retail credit classification policies and asked for public comments on two time-frame options for classifying retail loans. The policies would guide banks and bank regulators in classifying a consumer loan that is not being repaid under its original terms.

July 6, 1998
The Federal Financial Institutions Examination Council (FFIEC) issued a customer brochure on the Year 2000 date change. The brochure, entitled The Year 2000 Date Change, answers eight commonly asked questions concerning the effect of the Year 2000 date change. The brochure is also available on the Internet site of the Federal Financial Institutions Examination Council and the Federal Deposit Insurance Corporation.

June 12, 1998
The March 31, 1998 Uniform Bank Performance Report (UBPR) is now being distributed to all insured commercial banks and Federal Deposit Insurance Corporation - Insured Savings Banks (FDIC-ISB), and is available for sale to the public. For the most part the formats for the commercial banks and the FDIC-ISB's are identical, however, the FDIC-ISB has their own unique UBPR peer groupings.

June 1, 1998
The State Liaison Committee of the Federal Financial Institutions Examination Council has elected Thomas J. Curry as its Chairman. Mr. Curry is the Massachusetts Commissioner of Banks with supervisory responsibility over state-chartered trust companies, savings banks, cooperative banks, credit unions, and credit licensees.

May 1, 1998
The Federal Financial Institutions Examination Council announced today the appointment of Bill C. Houston, Tennessee Commissioner of Financial Institutions, and the re-appointment of Thomas J. Curry, Massachusetts Commissioner of Banks, to the Council's State Liaison Committee.

April 23, 1998
Today, federal depository institution regulatory agencies, acting jointly through the Federal Financial Institutions Examination Council (FFIEC), published the Supervisory Policy Statement on Investment Securities and End-User Derivatives Activities (1998 Statement). The 1998 Statement provides guidance on sound practices for managing the risks of investment activities, with a particular emphasis on market risk (primarily interest rate risk).

April 10, 1998
The Federal Financial Institutions Examination Council (FFIEC) today issued guidance for financial institutions on testing for Year 2000 readiness.

March 17, 1998
The Federal Financial Institutions Examination Council (FFIEC) today issued additional guidance for financial institutions on risks they face due to the Year 2000 date change -- risk from service providers and software vendors and from institutions' customers. Today's guidance follows previous FFIEC Year 2000 statements on project management and business risk.

March 13, 1998
The December 31, 1997 Uniform Bank Performance Report (UBPR) is now being distributed to all insured commercial banks and Federal Deposit Insurance Corporation - Insured Savings Banks (FDIC-ISB) and, is available for sale to the public.

February 12, 1998
The Federal Financial Institution Examination Council (FFIEC) has made available the Community Reinvestment Act (CRA) Aggregate Reports for 1996 through its world wide web site. This web site allows the public to retrieve and print aggregated small business and small farm loan data, and data on community development lending for an entire MSA or non-MSA area.

1998 FDIC FIL CEO Bank Reports

1. (FIL-8-98) January 20, 1998
Revisions to the Reports of Condition and Income (Call Report) for 1998

2. (FIL-16-98) February 18, 1998
Proposed FFIEC policy statement on external audit programs of banks and savings associations

3. (FIL-28-98) March 16, 1998
Revisions to the Reports of Condition and Income (Call Report) for 1998