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Monday, April 10, 2006

FDIC - Delivery of Special Alerts - Electronic Distribution to Become Primary Method

Beginning June 1, 2006, the Federal Deposit Insurance Corporation (FDIC) will change its primary method of distributing Special Alerts (SAs) to insured financial institutions from paper-copy delivery through the U.S. Postal Service to electronic delivery through the FDIC’s free secure Web site, FDICconnect.

To guarantee that the SA notification e-mails are received, institutions should ensure that their network spam filters are set to accept all e-mails from

Institutions without Internet access may request to continue receiving SAs through the mail by completing the attached paper-delivery request form and faxing it to the FDIC at (703) 465-4314.  The FDIC also offers electronic distribution of SAs through its online subscription service.  Since this service is not secure, confidential SA attachments of fraudulent and genuine instruments are not included.

To decrease the number of unnecessary e-mails, institution users of this on-line subscription service may wish to discontinue receiving SAs through this mechanism.

Posted on 04/10