New Orleans Banking Forum to Focus on Challenges, Community Rebuilding
The aftermath of Hurricanes Katrina and Rita has left many banks contemplating strategies for coping with future challenges. To address this issue, the federal bank and thrift regulatory agencies are hosting a forum, “The Future of Banking on the Gulf Coast: Helping Banks and Thrifts Rebuild Communities,” in New Orleans on March 2 and 3.
Facing the future
The forum will focus on the short- and long-term challenges confronting banks and thrifts operating in storm-ravaged areas and on ways that financial institutions can help meet local communities’ needs.
Senior executives of institutions insured by the Federal Deposit Insurance Corp. (FDIC) are invited to attend. Principals from the FDIC, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Office of Thrift Supervision will participate in the forum. Donald E. Powell, the federal government’s coordinator of recovery and rebuilding in the Gulf Coast region, will deliver the keynote speech at 12:30 p.m. on March 2.
Convening in the Crescent City
The forum will begin at the New Orleans Marriott at 8 a.m. CST on March 2 and will adjourn at noon on March 3. On the afternoons of March 1 and March 3, the FDIC will conduct bus tours of nearby devastated areas.
FDIC-insured institutions that want more information about the forum or registration should call 703-516-1049 or e-mail email@example.com.