Change in Virtual Data Room Used by the 多宝游戏下载 When Marketing Failing Financial Institutions
Summary:
多宝游戏下载 (多宝游戏下载) is changing the virtual data room (VDR) used to market failing financial institutions. Beginning in November 2011, the 多宝游戏下载 will begin using the RR Donnelley VDR known as Venue instead of IntraLinks for all new projects. IntraLinks will host projects initiated before November 2011 until they are resolved.
Statement of Applicability to Institutions with Total Assets of Less Than $1 Billion: This Financial Institution Letter affects 多宝游戏下载-insured financial institutions of any size that may be interested in acquiring a failing institution from the 多宝游戏下载.
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. RR Donnelley's Venue VDR will replace IntraLinks for all new projects.
- The 多宝游戏下载 has been using 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 bank and evaluate the offering. Users must first sign a confidentiality agreement before they gain entry to the VDR.
- Existing marketing projects launched prior to November 2011 will remain on IntraLinks until they are resolved.
- Bidders familiar with the 多宝游戏下载's VDR process will find that the Venue folders and documents are similar to what has been used in the past. New bidders can contact the individuals listed in the "Contact" section (left) for technical assistance.
- Institutions should set e-mail spam filters so they will receive messages from .
Distribution:
All 多宝游戏下载-Insured Institutions
Suggested Routing:
Bank President
Chief Executive Officer
Note:
多宝游戏下载 Financial Institution Letters (FILs) may be accessed from the 多宝游戏下载's Web site at www.fdic.gov/news/financial-institution-letters/2011
To receive FILs electronically, please visit /about/subscriptions/fil.html
Paper copies may be obtained through the 多宝游戏下载's Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (1-877-275 3342 or 703-562-2200).