Based on our assessments now, most of those institutions are doing reasonably well. All of them, as of today, remain well capitalized or adequately capitalized and they are holding their own. |
The increase in deposit insurance coverage on certain retirement accounts is a significant change. |
This historic milestone speaks to the favorable economic conditions we have recently experienced as well as to the efforts of bankers and regulators to manage risks in the industry. |
What we see is a banking industry that is fundamentally strong but continues to face some important challenges ahead. |