Based on our assessments now, most of those institutions are doing reasonably well. All of them, as of today, remain well capitalized or adequately capitalized and they are holding their own.
More Quotes from Martin Gruenberg:
This legislation is good for depositors, the financial services industry, and the safety and soundness of the deposit insurance system.Martin Gruenberg
This historic milestone speaks to the favorable economic conditions we have recently experienced as well as to the efforts of bankers and regulators to manage risks in the industry.
Martin Gruenberg
What we see is a banking industry that is fundamentally strong but continues to face some important challenges ahead.
Martin Gruenberg
The FDIC would make every effort to permit public participation and to be fully informed before making a final determination on this application.
Martin Gruenberg
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