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FDIC UPGRADES BANKING PUBLICATIONS

IMMEDIATE RELEASE
PR-26-2003 (3-19-2003)
Media Contact:
Phil Battey (202) 898-6993

The Federal Deposit Insurance Corporation today revamped its suite of banking publications to improve how the agency provides information, data and analysis to bankers, examiners, policymakers and the public.

FDIC publications are now organized in three categories -- policy research, risk analysis and data sources. Each category features a "flagship" publication that is available electronically and in hard copy -- FDIC Banking Review, FDIC Outlook, and FDIC Quarterly Banking Profile.

"Our publications, especially these 'flagships,' will be the most authoritative, most comprehensive and most timely publications in their field," said FDIC Chairman Don Powell.

The Policy Research category of publications, led by FDIC Banking Review, contributes to critical banking policy research. The Review, which will be published quarterly, provides in-depth academic research on banking, supervision, resolutions, deposit insurance and banking policy. Other publications in this category are Working Papers, a series of original, academic papers on economics and banking analysis; one-time studies that address specific topics; and The Annotated Bibliography of Deposit Insurance, a continuing review of deposit insurance literature.

Led by FDIC Outlook, publications in the Risk Analysis category inform readers about emerging trends and risks in the banking industry, providing bankers information they need to anticipate and prepare for these changes. FDIC Outlook articles address risk analysis and risk management from a national and regional perspective. FDIC State Profiles, a new quarterly Internet-only publication that provides an executive summary of economic and banking conditions by state, supplements FDIC Outlook.

The FDIC Quarterly Banking Profile is the flagship data source publication, providing the latest banking industry performance data. The Data Sources category also includes a number of application and query tools that provide users with timely and reliable bank-only and aggregate industry data. Chief among these tools is the FDIC Institution Directory, or ID system. ID is an on-line query tool with the latest comprehensive financial and demographic data for every FDIC-insured institution, including the most recent quarterly financial statements, as well as performance and condition ratios.

In addition, FYI, the FDIC's electronic bulletin, delivers analyses in the areas of economic and banking risks and trends, and banking research and policy. FYI brings to subscribers' desktops current information about the trends that are driving change in the banking industry, plus links to the wide array of other FDIC publications and data tools.

All FDIC publications are available electronically on the FDIC's website: www.fdic.gov.

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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 9,354 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing the risks to which they are exposed. The FDIC receives no tax dollars - insured financial institutions fund its operations.

FDIC press releases and other information are available on the Internet at www.fdic.gov or through the FDIC's Public Information Center (877-275-3342 or (703) 562-2200).

Last Updated 02/27/2003 communications@fdic.gov

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