The 多宝游戏下载 works with chartering authorities and federal regulators to resolve failing institutions in the least costly manner. Insured depository institutions meeting supervisory criteria can be invited to a failing institution acquisition.
At the time a failing institution is marketed, it is an open and operating entity. All aspects of marketing activities and information concerning the failing institution must be held in strict confidence. After executing a confidentiality agreement, interested bidders are granted access to failing institution information to conduct due diligence and review 多宝游戏下载 transaction terms. The 多宝游戏下载 conducts a sealed, competitive bid process and evaluates bids against 多宝游戏下载鈥檚 cost of liquidation and the cost of other bids.
The resolution process usually occurs over a period of 50 to 70 days, but may be concluded more rapidly. Alternatively, solutions to the troubled condition may be found at any time during the marketing process, and the institution may not fail. A failing institution not able to improve its troubled condition is closed by its chartering authority. Once closed, the 多宝游戏下载 is appointed receiver for the institution and can immediately enter a Purchase and Assumption Agreement (P&A) with the winning bidder.
Acquisition Overview
The 多宝游戏下载 markets potentially failing institutions.
Transaction Types
Transaction types used to purchase a failing institution.
Bidder Qualification
Qualifications to be invited to acquisition opportunities.
Alliance Bidding
The 多宝游戏下载 allows bidders to combine resources to acquire failing institutions.
Bid Evaluation
The 多宝游戏下载 analyzes the cost of each bid to determine the least cost to its deposit insurance fund.
Potential Bidder Contact Form
Submit and update contact information.
