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New Call Report Procedures

Beginning with the call reports closing September 30, 2003, depositary banks and trust companies will no longer need to submit a paper copy of their consolidated reports of condition and income with their verification of the report and filing. The Division of Finance will still require hard copy verification of the report and filing but will access the actual report electronically via your electronic filing with the FDIC.

The Division of Finance continues to review its procedures internally and with bankers, your bank associations, our federal counterparts and our state legislators to reduce regulatory burden and increase efficiency.