Federal Banking Agencies Are Adequately Examining Net Worth Certificate Program Applications

GGD-85-33 Published: Jul 03, 1985. Publicly Released: Jul 03, 1985.

Highlights

GAO reported on its semiannual audit of the net worth certificate programs administered by the Federal Deposit Insurance Corporation (FDIC) and the Federal Home Loan Bank Board with its subsidiary, the Federal Savings and Loan Insurance Corporation (FSLIC).

Full Report

Full Report (30 pages)

Office of Public Affairs

Chuck Young

Managing Director

youngc1@gao.gov

(202) 512-4800

Topics

Financial Markets and Institutions

Banking regulationBusiness assistanceEconomic analysisInterest ratesLending institutionsProfitsSavings and loan associationsHome loansEligibility criteriaThrift industry