DIVISION OF BANKING SUPERVISION AND REGULATION



BOARD OF GOVERNORS

OF THE

FEDERAL RESERVE SYSTEM

WASHINGTON, D.C. 20551

DIVISION OF BANKING

SUPERVISION AND REGULATION

DIVISION OF CONSUMER

AND COMMUNITY AFFAIRS

AD 06 – 7 / CA Admin. 06-1

February 3, 2006

TO THE OFFICER IN CHARGE OF SUPERVISION

AT EACH FEDERAL RESERVE BANK

SUBJECT: Conference on the Future of Banking in the Gulf Coast

The Federal bank and thrift regulatory agencies will host a forum in New Orleans for banks and thrifts on March 2 and 3, 2006. The forum, titled “The Future of Banking in the Gulf Coast: Helping Banks and Thrifts Rebuild Communities,” will focus on the short-term and long-term challenges facing banks and thrifts operating in the areas affected by Hurricanes Katrina and Rita and on ways to help meet the needs of the local communities.

Attached are the joint press release announcing the forum and the agenda. Invitees include senior executives of both large and small FDIC-insured institutions operating in the areas most severely affected by Hurricanes Katrina and Rita (Louisiana and Mississippi), and senior executives of FDIC-insured institutions from outside of that region who are interested in providing technical assistance or other support or in learning how they can help communities meet the challenges presented by the hurricanes. FDIC insured institutions may obtain additional information about the forum and registration materials by calling the FDIC at (703) 516-1049 or e-mailing mbluyus@. Attendance is voluntary. Space at the forum is limited.

Reserve Banks are asked to provide a copy of this letter and attachments to all state member banks. Questions should be directed to Molly Wassom, Associate Director, Division of Banking Supervision and Regulation, at (202) 452-2305.

Richard Spillenkothen

Director

Division of Banking

Supervision and Regulation

Sandra F. Braunstein

Director

Division of Consumer

and Community Affairs

Attachments: Agenda and Joint Press Release

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