Community Bankers Association of Illinois

FDIC SCHEDULES HEARINGS FOR WAL-MART BANK APPLICATION
03/21/06

The Federal Deposit Insurance Corp. scheduled two April public hearings to discuss Wal-Mart's application for an industrial loan charter. According to the FDIC's release, hearings will be held for two days (April 10-11) in the Washington, D.C., area and for two days (April 25-26) in the Kansas City, Missouri metropolitan area. Other hearings will be announced on the FDIC's website at www.fdic.gov.

Written requests for oral presentation at the hearings must be delivered to the FDIC by March 10. Hard copies of written statements and summaries must reach the FDIC by March 28. More details can be found on the FDIC's news release at: http://www.fdic.gov/news/news/press/2006/pr06019.html.

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