�౦��Ϸ����

�౦��Ϸ���� (�౦��Ϸ����) is issuing the attached staff guidance to help financial institutions comply with Part 332 of the �౦��Ϸ���� Rules and Regulations, "Privacy of Consumer Financial Information." The staff guidance, developed with the other federal financial institution regulatory agencies, is presented as answers to "frequently asked questions" that represent clarifications and interpretations of the final rule governing the privacy of consumer financial information.

This information supplements the �౦��Ϸ���� Privacy Rule Handbook (see FIL-3-2001, dated January 22, 2001). We encourage you to use these resources, along with the "FFIEC Compliance Examination Procedures for Part 332" (see FIL-46-2001, dated May 17, 2001), to develop and maintain a sound compliance management program for consumer privacy.

The �౦��Ϸ���� may periodically issue further guidance on the privacy rule, and invites comments or questions for the agency's consideration in preparing future guidance. Please direct correspondence to Ken Baebel, Assistant Director, �౦��Ϸ����, Division of Compliance and Consumer Affairs, 550 17th Street, N.W., Room PA1730-7048, Washington, DC 20429.

All of the documents mentioned in this correspondence are available on the �౦��Ϸ����'s Web site at www.fdic.gov. For more information, please contact the �౦��Ϸ���� Division of Compliance and Consumer Affairs regional office responsible for supervising your institution.

Stephen M. Cross

Director

Distribution

�౦��Ϸ����-Supervised Banks (Commercial and Savings)

Note

Paper copies of �౦��Ϸ���� financial institution letters may be obtained through the �౦��Ϸ����'s Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (800-276-6003 or (703) 562-2200).