Regulatory Agencies Join to Offer Database on the Net
Danker, Jessica, THE JOURNAL RECORD
Two regulatory agencies of financial institutions have joined to launch an Internet source of public information on bank and thrift locations nationwide.
The Federal Deposit Insurance Corp. and Office of Thrift Supervision unveiled a combined FDIC-OTS database to provide expanded financial and demographic information on more than 81,000 branches of FDIC-insured institutions. The database contains branch location and deposit information for an individual FDIC-insured institution or aggregate data about all bank and thrift branches in a single city or county. Users may search the database for office deposits by institution, state, county or city.
The Bank/Thrift Deposit Inquiry service may be found in the Data Bank section of the FDIC home page (www.fdic.gov) or in the Industry and Institution Data section of the OTS home page (www.ots.treas.gov). New ABA conferences The American Bankers Association has introduced new conferences for security officers and insurance and risk managers. The Security and Fraud Prevention Conference will focus on issues affecting bank security professionals and fraud prevention and investigations officers. Such issues include crisis management, executive protection, bank robberies, cyber fraud, security policies, money laundering, check fraud and disaster recovery. Additional topics will include the "best practices" used by bank security departments around the country, the latest in bank security technology, and recent regulatory and legislative developments. The Insurance Risk Management Conference will help bank insurance and risk managers reduce insurance costs and improve the bank's efficiency. Some of its topics include self-insurance programs, cost- saving ideas for a blended insurance program and the strategic use of deductibles to drive down costs. Another highlight of the program is an insurance industry session, to be led by executives from some of the top insurance companies in the world. Each conference will offer participants in-depth discussions, case studies, break-out sessions, take-away toolboxes, an exhibit hall and more. The conferences are set for Feb. 1-3 at the Sheraton San Diego Hotel and Marina. For more information, bankers should call (800) 338-0626. …