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The Resource YEAR 2000 COMPUTING CRISIS: Federal Deposit Insurance Corporation's Efforts to Ensure Bank Systems Are Year 2000 Compliant
YEAR 2000 COMPUTING CRISIS: Federal Deposit Insurance Corporation's Efforts to Ensure Bank Systems Are Year 2000 Compliant
Resource Information
The item YEAR 2000 COMPUTING CRISIS: Federal Deposit Insurance Corporation's Efforts to Ensure Bank Systems Are Year 2000 Compliant represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Boston University Libraries.This item is available to borrow from all library branches.
Resource Information
The item YEAR 2000 COMPUTING CRISIS: Federal Deposit Insurance Corporation's Efforts to Ensure Bank Systems Are Year 2000 Compliant represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Boston University Libraries.
This item is available to borrow from all library branches.
- Summary
- We are pleased to be here to discuss the progress being made by the Federal Deposit Insurance Corporation (FDIC) in ensuring that the thousands of banks it oversees are ready for the upcoming century date change. If Year 2000 issues are not adequately addressed, key automated bank systems-affecting trillions of dollars in assets, transactions, and insured deposits-are subject to serious consequences ranging from malfunction to failure. Such consequences would at the very least cause significant inconveniences to both banks and their customers. More significantly, system failure could lead to bank closings and serious disruptions to both the banking community and bank customers. Further, we will be discussing the progress FDIC is making in addressing Year 2000 concerns for its own internal systems. This testimony is the second in a series of reports you requested on the status of efforts by federal financial regulatory agencies to ensure that the institutions they oversee are ready to handle the Year 2000 computer conversion challenge. We also recently testified and reported on the status of the National Credit Union Administration's efforts
- Language
- eng
- Extent
- 13 pages
- Note
- Testimony before the Subcommittee on Financial Services and Technology, Committee on Baking, Housing, and Urban Affairs, U.S. Senate
- Label
- YEAR 2000 COMPUTING CRISIS: Federal Deposit Insurance Corporation's Efforts to Ensure Bank Systems Are Year 2000 Compliant
- Title
- YEAR 2000 COMPUTING CRISIS: Federal Deposit Insurance Corporation's Efforts to Ensure Bank Systems Are Year 2000 Compliant
- Language
- eng
- Summary
- We are pleased to be here to discuss the progress being made by the Federal Deposit Insurance Corporation (FDIC) in ensuring that the thousands of banks it oversees are ready for the upcoming century date change. If Year 2000 issues are not adequately addressed, key automated bank systems-affecting trillions of dollars in assets, transactions, and insured deposits-are subject to serious consequences ranging from malfunction to failure. Such consequences would at the very least cause significant inconveniences to both banks and their customers. More significantly, system failure could lead to bank closings and serious disruptions to both the banking community and bank customers. Further, we will be discussing the progress FDIC is making in addressing Year 2000 concerns for its own internal systems. This testimony is the second in a series of reports you requested on the status of efforts by federal financial regulatory agencies to ensure that the institutions they oversee are ready to handle the Year 2000 computer conversion challenge. We also recently testified and reported on the status of the National Credit Union Administration's efforts
- Cataloging source
- DTICE
- Index
- no index present
- Literary form
- non fiction
- http://library.link/vocab/relatedWorkOrContributorName
-
- Brock, Jack L, Jr
- GENERAL ACCOUNTING OFFICE WASHINGTON DC ACCOUNTING AND INFORMATION MANAGEMENT DIV
- http://library.link/vocab/subjectName
-
- Crisis management
- Banking
- Computers
- Regulations
- United states government
- Communities
- Corporations
- Failure
- Deposits
- Internal
- Insurance
- Malfunctions
- Administration and Management
- Economics and Cost Analysis
- Label
- YEAR 2000 COMPUTING CRISIS: Federal Deposit Insurance Corporation's Efforts to Ensure Bank Systems Are Year 2000 Compliant
- Note
- Testimony before the Subcommittee on Financial Services and Technology, Committee on Baking, Housing, and Urban Affairs, U.S. Senate
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Extent
- 13 pages
- Form of item
- online
- Governing access note
- APPROVED FOR PUBLIC RELEASE
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Note
- Hein Online
- System control number
-
- (OCoLC)227867159
- (OCoLC)ocn227867159
- Label
- YEAR 2000 COMPUTING CRISIS: Federal Deposit Insurance Corporation's Efforts to Ensure Bank Systems Are Year 2000 Compliant
- Note
- Testimony before the Subcommittee on Financial Services and Technology, Committee on Baking, Housing, and Urban Affairs, U.S. Senate
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Extent
- 13 pages
- Form of item
- online
- Governing access note
- APPROVED FOR PUBLIC RELEASE
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Note
- Hein Online
- System control number
-
- (OCoLC)227867159
- (OCoLC)ocn227867159
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.bu.edu/portal/YEAR-2000-COMPUTING-CRISIS-Federal-Deposit/jeep0liqep0/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.bu.edu/portal/YEAR-2000-COMPUTING-CRISIS-Federal-Deposit/jeep0liqep0/">YEAR 2000 COMPUTING CRISIS: Federal Deposit Insurance Corporation's Efforts to Ensure Bank Systems Are Year 2000 Compliant</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.bu.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.bu.edu/">Boston University Libraries</a></span></span></span></span></div>
