Joint Press Release
Board of Governors of the Federal Reserve System

Federal Deposit Insurance Corporation

National Credit Union Administration

Office of the Comptroller of the Currency

Office of Thrift Supervision


Washington, D.C.
August 25, 1999

For immediate release Contact: William Fulwider
202/906-6913

FEDERAL FINANCIAL REGULATORS LIFT
YEAR 2000 AGREEMENT WITH FIRST DATA


Federal banking and credit union regulators announced today the termination of the March 30, 1999, agreement with First Data Corporation on Year 2000 compliance. The regulators said that the service provider to more than 200 banks, thrifts and credit unions has complied with the terms of the agreement.

A copy of the Termination Order is attached.

Termination Order (78 KB PDF)

1999 Enforcement actions


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Last update: August 26, 1999