Full Committee Hearing

Current Issues in Deposit Insurance

Date:   Thursday, March 19, 2009 Time:   02:00 PM

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Topic

The witnesses on Panel I will be: Mr. Art Murton, Director, Division of Insurance and Research, Federal Deposit Insurance Corporation; and Mr. David M. Marquis, Executive Director of the National Credit Union Administration. The witnesses on Panel II will be: Mr. William Grant, Chairman & CEO, First United Bank and Trust, Oakland, Maryland, on behalf of the American Bankers Association; Mr. Terry West, President and CEO of VyStar Credit Union in Jacksonville, Florida, on behalf of the Credit Union National Association; Mr. Steve Verdier, Senior Vice President, Independent Community Bankers of America; and Mr. David J. Wright, CEO, Services Credit Union, Yankton, South Dakota, on behalf of the National Association of Federal Credit Unions.

Witnesses

Majority Statements

  1. Senator Tim Johnson

Witness Panel 1

  1. Mr. David M. Marquis
    Executive Director
    National Credit Union Administration
  2. Mr. Art Murton
    Director
    Division of Insurance and Research, Federal Deposit Insurance Corporation

Witness Panel 2

  1. Mr. William Grant
    Chairman & CEO
    First United Bank and Trust, Oakland, Maryland, on behalf of the American Bankers Association
  2. Mr. Steve Verdier
    Senior Vice President
    Independent Community Bankers of America
  3. Mr. Terry West
    President and CEO
    VyStar Credit Union in Jacksonville, Florida, on behalf of the Credit Union National Association
  4. Mr. David J. Wright
    CEO
    Services Credit Union, Yankton, South Dakota, on behalf of the National Association of Federal Credit Unions