| FOR RELEASE at 1:00 P.M.. EDT | For further information | ||||
| Tuesday, July 25, 2006 | Contact: Katie Fitzgerald | ||||
| OTS 06-032 | 202/906-6913 | ||||
Four Federal Financial Institutions Examination Council (FFIEC) agencies—the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Office of Thrift Supervision—today announced the availability of data on small business, small farm, and community development lending reported by certain commercial banks and savings institutions, pursuant to the Community Reinvestment Act (CRA).
The FFIEC has prepared a disclosure statement from the reported 2005 CRA data, in electronic form, for each reporting commercial bank and savings institution. The FFIEC also has prepared aggregate disclosure statements of small business and small farm lending for each of the metropolitan statistical areas and each of the non-metropolitan counties in the United States and its territories. These statements are available for public inspection on the FFIEC web site www.ffiec.gov/cra
Media Contacts:
| Federal Reserve | Deborah Lagomarsino | (202)  452-2955 |
| FDIC | David Barr | (202) 898-6992 |
| OCC | Kevin Mukri | (202) 874-5770 |
| OTS | Katie Fitzgerald | (202) 906-6913 |
The FFIEC was established in March 1979 to prescribe uniform principles, standards, and report forms for the federal examination of financial institutions and to promote uniformity in the supervision of financial institutions. The Council has five member agencies: the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the National Credit Union Administration, and the Office of Thrift Supervision. The Council's activities are supported by interagency task forces and by an advisory State Liaison Committee, comprised of five representatives of state agencies that supervise financial institutions.
The Office of Thrift Supervision, an office of the Department of the Treasury, regulates and supervises the nation's thrift industry. OTS's mission is to ensure the safety and soundness of, and compliance with consumer protection laws by, thrift institutions, and to support their role as home mortgage lenders and providers of other community credit and financial services. OTS also oversees the activities and operations of thrift holding companies that own or control thrift institutions. Copies of OTS news releases and other documents are available at the OTS web page at www.ots.treas.gov.
Created: Tuesday, 7/25/2006