Nicholas J. Ketcha, Jr., Director, FinPro & Former FDIC Div. of Supervision Director to Speak at GKC’s Event on “New Regulatory Changes on FDIC Deposit-Insurance Fund"
New York, NY, December 19, 2006 --(PR.com)-- The Global Knowledge Congress, the leading producer of regulatory focused teleconferences, has announced today that Nicholas J. Ketcha, Jr., Managing Director at FinPro, and former FDIC Director for Division of Supervision will speak at the Global Knowledge Congress’ upcoming teleconference on “New Regulatory Changes in the FDIC Deposit-Insurance Fund & Its Impact on Financial Institutions." This event is scheduled on January 4, 2007 at 11:00 AM EST.
As a widely anticipated consequence of legislation passed in Congress, the FDIC’s board recently voted to approve an increase of annual premiums. The new premiums, which range from .005% to .007% of a bank’s insured deposits, are higher then the anticipated .01% to .03% increase. Furthermore, the premiums will differ among banks depending on a number of factors including:
* Supervisory rating
* Financial ratios
* Debt ratios (larger banks)
To help untangle the confusion surrounding this legislation, The Global Knowledge Congress has assembled a panel to help make sense of it and how it will affect your bank. The panel will present their findings including a best practices segment at a two-hour teleconference scheduled for January 2007.
About Nicholas J. Ketcha, Jr.
Nicholas joined FinPro in April of 2002.
Nicholas has primary responsibility for all regulatory and compliance related engagements for the firm. He is also the principal architect of the Quarterly Bank Fiduciary Package. Nicholas has also served on the faculty of the National School of Banking at Fairfield University.
Prior to joining FinPro, Nicholas served as Director of the Division of Banking for the State of New Jersey. He joined the State after his retirement from the Federal Deposit Insurance Corporation in 1999. At the time of his retirement from the FDIC, he was Director of its Division of Supervision in Washington, D.C. He began his career with FDIC in 1965 and rose through the ranks with positions including Regional Director of the FDIC’s New York region. He was named Director of the Division of Supervision in June 1995.
During his term as NJ Banking Director, Nicholas served as Chairman of the State Liaison Committee to the Federal Financial Institutions Examination Council and as Chairman of the Regulatory Committee of the Conference of State Bank Supervisors. While at the FDIC, he also served as a member of the Basel Committee on Bank Supervision from June 1995 to December 1998 and served two terms as Chairman of the Federal Financial Institutions Examination Council’s Task Force on Supervision.
Nicholas earned a B.S. in Business Management from the University of Scranton and is a graduate and former faculty member of the Stonier Graduate School of Banking.
For more information about Nicholas J. Ketcha, Jr. and his organization, please visit: www.finpronj.com
About The Global Knowledge Congress
The Global Knowledge Congress is an organization that produces teleconferences to examine regulatory changes and business trends across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour teleconferences to study the impact of changing regulations and industry trends.” To contact or to register to an event, please visit: http://www.knowledgecongress.org
Contact Information:
Thomas LaPointe, Jr., Executive Director
tlapointe@knowledgecongress.org
Therese Lumbao, Director, Account Management & Member Services
tlumbao@knowledgecongress.org
The Global Knowledge Congress
Phone: 646.202.9344
Fax: 646.219.5381
http://www.knowledgecongress.org
###
As a widely anticipated consequence of legislation passed in Congress, the FDIC’s board recently voted to approve an increase of annual premiums. The new premiums, which range from .005% to .007% of a bank’s insured deposits, are higher then the anticipated .01% to .03% increase. Furthermore, the premiums will differ among banks depending on a number of factors including:
* Supervisory rating
* Financial ratios
* Debt ratios (larger banks)
To help untangle the confusion surrounding this legislation, The Global Knowledge Congress has assembled a panel to help make sense of it and how it will affect your bank. The panel will present their findings including a best practices segment at a two-hour teleconference scheduled for January 2007.
About Nicholas J. Ketcha, Jr.
Nicholas joined FinPro in April of 2002.
Nicholas has primary responsibility for all regulatory and compliance related engagements for the firm. He is also the principal architect of the Quarterly Bank Fiduciary Package. Nicholas has also served on the faculty of the National School of Banking at Fairfield University.
Prior to joining FinPro, Nicholas served as Director of the Division of Banking for the State of New Jersey. He joined the State after his retirement from the Federal Deposit Insurance Corporation in 1999. At the time of his retirement from the FDIC, he was Director of its Division of Supervision in Washington, D.C. He began his career with FDIC in 1965 and rose through the ranks with positions including Regional Director of the FDIC’s New York region. He was named Director of the Division of Supervision in June 1995.
During his term as NJ Banking Director, Nicholas served as Chairman of the State Liaison Committee to the Federal Financial Institutions Examination Council and as Chairman of the Regulatory Committee of the Conference of State Bank Supervisors. While at the FDIC, he also served as a member of the Basel Committee on Bank Supervision from June 1995 to December 1998 and served two terms as Chairman of the Federal Financial Institutions Examination Council’s Task Force on Supervision.
Nicholas earned a B.S. in Business Management from the University of Scranton and is a graduate and former faculty member of the Stonier Graduate School of Banking.
For more information about Nicholas J. Ketcha, Jr. and his organization, please visit: www.finpronj.com
About The Global Knowledge Congress
The Global Knowledge Congress is an organization that produces teleconferences to examine regulatory changes and business trends across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour teleconferences to study the impact of changing regulations and industry trends.” To contact or to register to an event, please visit: http://www.knowledgecongress.org
Contact Information:
Thomas LaPointe, Jr., Executive Director
tlapointe@knowledgecongress.org
Therese Lumbao, Director, Account Management & Member Services
tlumbao@knowledgecongress.org
The Global Knowledge Congress
Phone: 646.202.9344
Fax: 646.219.5381
http://www.knowledgecongress.org
###
Contact
The Global Knowledge Congress
Thomas LaPointe, Jr., Executive Director
646-202-9344
www.knowledgecongress.org
Therese Lumbao
Director, Account Manager & Member Services
tlumbao@knowledgecongress.org
Thomas LaPointe, Jr., Executive Director
646-202-9344
www.knowledgecongress.org
Therese Lumbao
Director, Account Manager & Member Services
tlumbao@knowledgecongress.org
Contact
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