In 2009 the Federal Deposit Insurance Corporation (FDIC) increased the number of its Regional Ombudsmen from three to six. Each Regional Ombudsman is now responsible for only one of the FDIC’s six Regions. The Regional Ombudsman for the New York Region is Glenn A. Watler. His background and experience in the Dallas and New York Regions makes him well suited to address concerns resolved through the Ombudsman role.
The FDIC’s Office of the Ombudsman was created by Congress in 1994 to serve as a confidential, neutral and independent resource for individuals who have a question, concern or complaints about the FDIC regulatory process. FDIC Ombudsman Cottrell Webster and his staff of Regional and Senior Ombudsmen are advocates for fair process and are available to help resolve banking issues in an informal, discreet manner.
Read the full article in March’s issue of Transactions Magazine. Aren’t a subscriber? Visit the Transactions page on this website or call PACB at 717-231-7447 to start receiving the magazine.