Banks Having Problems Need Better Identification and Disclosure

The Federal Deposit Insurance Corporation (FDIC) supervises state-chartered insured banks which are not members of the Federal Reserve System and indirectly supervises state member and national banks. FDIC exists to protect both private and public depositors against losses from bank failures, help maintain confidence in the banking system, and promote safe and sound banking practices. The review of FDIC headquarters and selected regional offices focused on the analysis of examination reports and FDIC files on those state nonmember banks and mutual savings banks with supervisory or financial problems.