Financial Institution Letter
| Change in Virtual Data Room Used by the FDIC When Marketing Failing Financial Institutions | FIL-69-2011 November 7, 2011 |
| Summary: | The Federal Deposit Insurance Corporation (FDIC) is changing the virtual data room (VDR) used to market failing financial institutions. Beginning in November 2011, the FDIC 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 FDIC-insured financial institutions of any size that may be interested in acquiring a failing institution from the FDIC. |
Distribution:
All FDIC-Insured Institutions
Complete Financial Institution Letter: http://www.fdic.gov/news/news/financial/2011/fil11069.html
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