California Banks Are Prepared For Y2K -- Chairman of the FDIC Federal Deposit Insurance Corp. Announced In San Francsico (S.F. Gate) : LUSENET : TimeBomb 2000 (Y2000) : One Thread

Talk about a buried snippet!


Nothing about compliant? What the heck does that mean?


Bay Area News Roundup
Local news all the time
Bay City News Report
Thursday, November 18, 1999

[Fair Use: For Educational/Research Purposes Only]


The chairman of the Federal Deposit Insurance Corp. announced today in San Francsico that all banks operating in California are prepared for Y2K.

Of the 10,300 financial institutions the FDIC insures, only five have received Y2k assesments that are less than satisfactory, according to Donna Tanoue, the 17th chairman of the FDIC.

Tanoue declined to specify which five banks are not properly on track to deal with the coming of the millennium, but said they do not operate in California.

Tanoue said information about the readiness of particular banks is available on the FDIC's website.

[end snip]

-- Diane J. Squire (, November 19, 1999


FDIC Federal Deposit Insurance Corp

Your Bank and Y2K

Today, more than 99.9 percent of banks and thrifts are prepared for the Year 2000. Parade magazine reported that the FDIC on its Web site has published a list of banks that are unprepared for Y2k. There is no such list on the Web site.

However, the FDIC does publish enforcement orders on the Web site-- orders that banks must follow or face fines.

To find out if an FDIC-supervised bank has a formal enforcement order against it for Y2K or any other reason, click on the "Try It!" link at the end of this paragraph; enter the name of the bank in the text box; and hit the "Search" button.

Most banks do not have formal enforcement orders against them. If you get the message "0 documents," the search found no enforcement orders for the bank you selected.

Try It!

FDIC: Enforcement Decisions and Orders - Index by State and City of Institution (Warning: slow loading) individual/enforcement/index_by_state_and_city_of_institution.html

-- Diane J. Squire (, November 19, 1999.

Y2K at the FDIC


FDIC Press Releases -- 1999


[No mention yet of San Francisco announcement] Different one...

PR-70-99 (11-18-99)

Board of Governors of the Federal Reserve System

Federal Deposit Insurance Corporation

Consumer Confidence in Banking Y2K Preparation Rises Sharply, Gallup Poll Reports


-- Diane J. Squire (, November 19, 1999.

Diane: I think I'll crack open the Ca. Zinfindel I purchased tonight. I think I'm going to need it! So many happy faces. Ignorance is bliss they say and I'm beginning to think most Americans fit that category. Glad I made prior arrangements with my bank moons ago.

-- Neil G.Lewis (, November 19, 1999.

I'd prefer a deeply spiked latte 'bout now, Neil.

Changing subject..


A friend just told me that the full California National Guard (he's a NG pilot) of about 12,000 people, that WERE supposed to be "called up" Dec. 29th to Jan 2nd or 3rd... have now been told to "stand down."

And only a couple (or 3?) brigades would be on duty now. Approx. 3,000 people.

What do you think this signals?


BTW... Please do keep in mind, this is the state where our Governor has no e-mail.

Out of touch
Governor still lacks an e-mail address

The governor of the state leading the Internet revolution is still lacking one of the basics of the wired world -- a personal e-mail address. Gray Davis' spokesman says the governor is waiting for a system to be developed that would ensure correspondents received prompt replies. ...

[More] docs/email111899.htm

-- Diane J. Squire (, November 19, 1999.

Diane, You've been a busy lady!

-- Jay Urban (, November 19, 1999.

A friend just told me that the full California National Guard (he's a NG pilot) of about 12,000 people, that WERE supposed to be "called up" Dec. 29th to Jan 2nd or 3rd... have now been told to "stand down."

And only a couple (or 3?) brigades would be on duty now. Approx. 3,000 people.

WTFO? This makes no sense. Could your freind be giving you 'dis-information' knowing you are one of the admins of the TB2000? No offense or anything but can you trust this dude?

-- Billy-Boy (, November 19, 1999.

Great Post Diane Thank You!!!

Whats up with the NG, care to speculate?

-- ??? (, November 19, 1999.


He thinks Y2K is hype. And he wasn't "dis-informing" me either.

He was absolutely DELIGHTED that he didn't have to go in and "sit around for five days" ...his words. (You don't fake that kind of emotion).

His PC is Y2K compliant, so all is right with his world.


BTW, he IS a caring, big-hearted guy. Hope he's IS... okay... next year.


-- Diane J. Squire (, November 19, 1999.

KCBS Radio in S.F. has been amazingly upbeat on Y2K the past few days, almost as if the gov was bumping up their "blowing sunshine up your...." campaign.

First bit I heard night before last was some guy from Treasury saying all was fixed, no reason for concern. Next came another report that Commerce was saying all would be well. Dept. of agriculture next stated there was no reason to store any food beyond enough for a "long holiday weekend" and that if folks began storing it would be the cause of any problems (!). Fimally this morning they had someone from Chevron saying they were fully Y2K prepared as far as production went (no mention of supply issues or the stuff in their readiness disclosure about FOF). The story was about refinery neighbors being concerned over Y2K readiness and safety...guess the stuff in the disclosure would have not been "assuring" enough.

Feels like the propaganda campaign is picking up....Makes me want to run to Costco immediatly! (Not sure what I'd buy but I'm sure I could find something useful. heck I can panic with the best of 'em)

-- Don Kulha (, November 19, 1999.

Kewl Diane...Thanks for the update...Hope all my bros in the "Green Machine" get some premium sham time at rollover...

-- Billy-Boy (, November 19, 1999.

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