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FINANCIAL INSTITUTION LETTER | APRIL 23, 2025 |
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FDIC Changes its Virtual Data Room Contractor for Marketing Failing Financial Institutions
SUMMARY:
The Federal Deposit Insurance Corporation (FDIC) is changing the virtual data room (VDR) contractor used to market failing financial institutions (DFIN Solutions Venue). Beginning in May 2025, the FDIC will begin using the ShareVault VDR for all new projects.
STATEMENT OF APPLICABILITY: The contents of, and material referenced in, this FIL apply to all FDIC-insured financial institutions and certain non-bank entities.
DISTRIBUTION:
FDIC-Insured Financial Institutions and Certain Non-Bank Entities
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