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• Bank-Owned Life Insurance Presents a Window of Opportunity ( January 2005 )
  

  <p>Bank-owned life insurance, or BOLI, is a single premium life insurance contract specially designed for banks to earn tax-free income. With the specter of new federal legislation being enacted that would make BOLI financings slightly more difficult to implement, BOLI deserves a closer look for banks interested in taking advantage of these tax benefits. BOLI's tax-free income comes from two sources: growth of the cash value in the policy, and insurance proceeds paid to the bank when the insured dies.</p>

• Regulators Issue Joint Policy Statement on Internal Audit Outsourcing ( May 2003 )
  

  The Federal Reserve Board, FDIC, OCC and OTS issued an Interagency Policy Statement on the Internal Audit Function and its Outsourcing on March 17, 2003. The Policy Statement, which replaces previous policy statements on the issue, revises the regulators' guidance on the independence of accountants who provide both external and internal audit services.

• You Can't Fight The System: New Federal Rules Affect Insurance Carriers and Their Litigatin Strategy ( June 2001 )
  

  Details changes to the FRCP and FRE concerning insurance litigation.

• Avoiding Unsound Investments ( March 2000 )
  

  Every five or ten years, a group of local governments loses a significant amount of money in unwise investments and.

• Guidelines for Preparing An Error Free Call Report ( March 1999 )
  

  Guidelines from the Federal Deposit Insurance Corporation for banks on how to prepare call reports. Call Report data is a widely used source of timely and accurate financial data regarding a bank's condition and the results of its operations.

• Important Banking Legislation ( March 1999 )
  

  Brief summaries prepared by the Federal Deposit Insurance Corporation of important banking legislation.

• Loan Sales ( March 1999 )
  

  Answers to frequently asked questions about loan sales prepared by the Federal Deposit Insurance Corporation.

• Questions and Answers About Your Insured Deposit ( January 1998 )
  

  Answers to questions about insured deposits from the Federal Deposition Insurance Corporation.

• Side by Side: A Guide to Fair Lending ( June 1996 )
  

  Guide from the Federal Deposit Insurance Corporation which offers suggestions on how an institution can compare its treatment of loan applicants through self assessment in order to help prevent and detect illegal discrimination.