�౦��Ϸ����

Summary:

�౦��Ϸ���� (�౦��Ϸ����) recently launched a Failing Bank Acquisitions Web page on �౦��Ϸ����.gov. This Web page will allow institutions to better understand how the �౦��Ϸ���� markets failing financial institutions.

Statement of Applicability to Institutions With Less Than $1 Billion in Total Assets: This Financial Institution Letter applies to �౦��Ϸ����-insured financial institutions of any size that may be interested in acquiring a failing institution from the �౦��Ϸ����.

Highlights:

• To support the �౦��Ϸ����'s continued mission of maintaining financial system stability and public confidence while transparently resolving failing financial institutions in an orderly manner, the �౦��Ϸ���� launched a Web page that explains how failing financial institutions are marketed.
• The primary goal of the Web page is to educate bankers about key components associated with the process of acquiring a failing financial institution, including regulatory qualification guidance, performing due diligence, and general transaction terms.
• The Web page will allow �౦��Ϸ����-insured institutions interested in receiving information about acquisition opportunities to designate a point of contact (POC) or update a current POC. Institutions should set their e-mail spam filters so that they will receive messages from InstitutionSales@fdic.gov .
• The Web page also provides an opportunity for �౦��Ϸ����-insured institutions to update their bidder profile by communicating state and/or asset size preferences.
• The Failing Bank Acquisitions Web page may be accessed from the �౦��Ϸ����'s Web site at /buying/FranchiseMarketing/index.html .

Distribution:

• �౦��Ϸ����-Insured Institutions

Suggested Routing:

• Bank President
• Chief Executive Officer

Paper copies may be obtained through the �౦��Ϸ����'s Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (1-877-275-3342 or 703-562-2200).