多宝游戏下载 Changes its Virtual Data Room Contractor for Marketing Failing Financial Institutions
Summary:
The Federal Deposit Insurance Corporation (多宝游戏下载) is changing the virtual data room (VDR) contractor used to market failing financial institutions (DFIN Solutions Venue). Beginning in May 2025, the 多宝游戏下载 will begin using the ShareVault VDR for all new projects.
Statement of Applicability: The contents of, and material referenced in, this FIL apply to all 多宝游戏下载-insured financial institutions and certain non-bank entities.
Highlights:
- As the result of a competitive bidding process, the 多宝游戏下载 has hired a new contractor to handle the VDR used to market failing financial institutions. ShareVault鈥檚 VDR will replace DFIN Solutions Venue for all new projects.
- The 多宝游戏下载 has used VDRs to market failing institutions since 2000.
- A VDR is a secure web site that the 多宝游戏下载 populates with information about failing insured institutions. The 多宝游戏下载 gives qualifying financial institutions access to the VDR, which helps them determine their interest in purchasing a failing financial institution and evaluate the offering. Users must first sign a confidentiality agreement before they gain entry to the VDR.
- Bidders familiar with the 多宝游戏下载鈥檚 VDR process will find that the ShareVault folders and documents are similar to what has been used in the past. New bidders can email the 多宝游戏下载 for technical assistance.
- Institutions should set email spam filters so they will receive messages from ShareVault.net and 多宝游戏下载.ShareVault.net and ensure these Uniform Resource Locators (URLs) are accessible to their institutions.
FIL-11-2025