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GAO Reports by subject "Lending institutions"

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Date Report No. Title
Date March 6, 1978 Report No. FOD-78-1 Title

Financial Institutions: FDIC Actions on the Bank of Wheeling, West Virginia

DOCMai 05092 - [206655771 (Restricted) iUS3a [FDIC actions on the Bank of B-114831. Batch 6. 19l78. 5 pp . hbeeing, Best Virgi-i- 0OD-78-1; Report to Son. *llam proLmire. Chairmalk Senate Comittee on. Banking, Bouing and arba affairs; by Eler b. Steats, ! . Comptroller General. Contact: Field Operations Div. Budget Func-ion: General Coveranent: ecutive Direction- ad Eamagenent (802). organinatioa ...
Date Jan. 18, 1978 Report No. PSAD-78-66 Title

Government Operations: Implementation of the Emergency Loan Guarantee Act

DCCU ENT RESUME 04803 B0195086 1 Implementation of the Emergency Loan Guarantee Act. B-169300. January 18, 1978. 2 pp. PSAD-78-66; Report to the Congress; by Elmer B. Staats, comptroller General. Contact: Procurement and Systems Acquisition Div. Budget Function: Ntionajl DefensG: Department of Defense Procurement & Contracts (058). Orqanizaticn Concerned: Emergency Loan Guarantee Board; Lockheed A...
Date Jan. 1, 1978 Report No. 090969 Title

Special Publications: Legislative Developments

Date Dec. 22, 1977 Report No. FOD-77-8 Title

Financial Management: Supervision of Banks by the Federal Deposit Insurance Corporation Can Be More Efficient

DOCUENT RESUME 04565 E3574843] December Supervision of Banks by the Federal Deposit Insurance Corporation Can Be Bore Efficient. POD-77-8; -114831. 22, 1977. 34 pp. 3 appsDvices (22 pp.). Report to the Congress; by laer B. Staats, Cosptroller General. Issue Area: counting and Financial Reporting (2800). Contact: Field Operations Div. Budget Function: Commerce and Traasportation: Other Advanceeent ...
Date Oct. 25, 1977 Report No. FOD-77-15 Title

Examination of Financial Statements of the Federal Home Loan Banking System: A Favorable Opinion but Some Management Problems

' REPORT TO THE C'ON(;RESS N ; . 0 B'BY THE CO.MlPTROLLER (;ENE'RAL OyOF THE UNITEI) STA'7TE'S Examination Of Financial Statements Of The Federal Home Loan Banking System: A Favorable Opinion But Some Management Problems These financial statements present fairly the position of the Federal Home Loan Bank Board and its related or(ganizations at Decenm her 31 1976 and 1975 However. there ire sonile ...
Date Sept. 20, 1977 Report No. 103466 Title

Financial Institutions: H.R. 7416 (95th Congress), A Bill to Require that Receipts and Disbursements of the Federal Financing Bank Be Included in the Federal Budget

DOCUMEWT RESUME 03466 A2693863 (H.P. 7416 (95th Congress), A Eil? to Disbursements of the Federal Financing Require that Receipts and Bank Be Included in the Federal Budget]. September 20, 1977. 9 pp. Testimony before the House Committee Oversight Sutccmmittee; by Harry S. on Ways and Means: Havens, Director, Program Analysis Div. Contact: Program Analysis Div. Budget Function: Generel Government:...
Date Sept. 2, 1977 Report No. 103667 Title

Transportation: Response to Civil Aeronautics Board Request for Information in Relation to Investigation of Possible Influence by Financial Institutions on Management of Air Carriers

DOCUMENT RESUME 03667 A26!3836] [Response to Civil Aeronautics Board Request for Information in Relaticn to Investigation of Possible Influence by Financial Institutions on anagement of Air Carriers]. Septezber 2, 1977. 3 pp. Report to Stephan P. Carrier, Bureau Counsel, Civil Aerorautics Board: ureau of Operating Rights; by Dean K. Crowther (for Harry S. Havens, Director, Program Analysis Div.). ...
Date Aug. 3, 1977 Report No. PAD-77-70 Title

Budget and Spending: Government Agency Transactions with the Federal Financing Bank Should Be Included on the Budget

DOCUVFNT RESUME 03102 .A21732841 Government Agency Transactions with the Federal Financing Bank Should Be Included on the Budget. PAD-77-70; B-174958. Augu-t 3, 1977. 41 pp. + 2 appendices (15 pp.). Report to the Congress; by Flmer B. Staats, Comptroller General. Contact: Program Analysis Div. Budget Function: General Government (800); Interest: Other Interest (902). Organization Concerned - Depar...
Date June 1, 1977 Report No. FPCD-77-49 Title

Government Operations: The Federal Deposit Insurance Corporation's Financial Disclosure Regulations Should Be Improved

REPORT TO TfIE CONGRESS The Federal Deposit Insurance Corporation’s Financial Disclosure Regulations Should Be Improved The close relationship between the Federal Deposit Insurance Corporation and the banking industry requires the Corporation to have an effective financial disclosure system for its employees. The Corporation has established several disciosure systems to prevent and detect employ...
Date May 16, 1977 Report No. 102196 Title

Government Operations: The New York City Seasonal Financing Act of 1975, Public Law 94-143

DOCUMENT RESUME 02196 A1452447J The New York City Seasonal Financing Act of 1975, Public Law 94-1!3. May 16, 1977. 15 pp. Testimony befo.-e the Senate Committee on Banking, Housing and Urban Affairs; by Victor L. Lve, Director, General Government Div. Issue Area: Accounting and Financial Reporting (2800)); Intergovernmental Relations and Revenue Sharing 400). Contact: General Government Div. Budge...
Date April 15, 1977 Report No. ID-77-23 Title

International Affairs: Examination of Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended June 30, 1976

DCCUMENT 01959 - [A1092090] ESUME Examination of Financial Statements of the Bxpcrt-Import bank of the United States fr the Fiscal Year Ended June 30, 1976. ID-77-23; B-114823. April 15, 1977. 32 pp. Report to the Congress; by Elmer B. Staats, Comptroller General. Issue Area: Accounting and Financial Reporting (2800); International Eccnomic and ilitary Programs: U.S. Balance of Trade (602). Contac...
Date Jan. 26, 1977 Report No. CED-77-26 Title

Business, Industry, and Consumers: Small Business Administration's Compliance with Comptroller General's Decision on Purchase of Guaranteed Loans

DOCUOENT RBESBE 00022 - [A0751058] ([Sall Business Administration's Compliance with Cosptroller General's Decision on Purchase of Guaranteed loans]. CED-77-26; B-181432. January 26, 1977. 11 pp. Report to Mitchell P. Sobelinski, Administrator, Snall Besiness Administ-ation; by Henry Eschwege, Dirt*tor, Community and Economic Development Div. Contact: Community and Bconoaic Development Div. 74dget ...
Date Oct. 1, 1976 Report No. ID-76-91 Title

Financial Management: Opinion on Fiscal Year 1976 Financial Statements of the Export-Import Bank of the United States

MMPTROLLER GENERAL WASHINGTON. OJD.C. THE Zoyl UNITED STATES To the tioarii ExFrt-Import f tnc of Directors Bank of the . United States , ,a. / _- ii Ne have examineci the statement of financial condition of Export-Import dank of the United States (Eximbank) as of 1976, and the related statements of income and 3me 30, reserve for contingencies and defaults anu of changes in financial position for ...
Date Aug. 16, 1976 Report No. FOD-76-19 Title

Financial Management: Examination of Financial Statements of Federal Home Loan Bank Board and Related Agencies for the Year Ended December 31, 1975

REPORT TO THE CONGRP BY THE COMPTROLLER GENE OF THE UNITED STATES Examination Of Financial Statements Of Federal Home Loan Bank Board And Related Agencies For The Year Ended December 31, 1975 Federal Federal Federal Federal Home Loan Bank Board Home Loan Banks Savings and Loan Insurance Corporation Home Loan Mortgage Corporation FOD-76-19 I 1 97 6 COMPTROLLER GENERAL OF THE UNITED STATES WASHINGTO...
Date July 19, 1976 Report No. 090775 Title

Financial Institutions: Examination of the Federal Home Loan Mortgage Corporation's 1975 Financial Statements

wt2 suggest that a3141 the doclmN?n~ks be perforated mnPaid”3prior to fi%ing, 0~3~’ sample of disbursement transactions disclosed wo duplieabe payments; however-, this. procedum-e will inwreasc i!nfcerna% control by pueeluding resubmission 0% invoices %or duplicate payment, Capitalization The fixed consist primarily 0% %ixed aosets assets of 0% the Hortgage nGPffice accountiwg furnitureI poli...
Date May 21, 1976 Report No. RED-76-109 Title

Agriculture and Food: Farmers Home Administration's Sale of Certificates of Beneficial Ownership to a Security Brokerage Firm

c UrwmSmCj GENERAL~~COUNT~NG OFFICE WASHINGTON, D.C. 205% R,XOVRCES DEVELOPMF’4f AND ECCWFMIC DIVISIW4 The Secretary Dear Mr. of Agriculture . ‘:,‘ .~ 1 lllllllllllllllllllllllllllll LM099344 Secretary: 1 ‘. 1 :< ., We have reviewed the Farmers Home Administraticn’s ITmHA’s) Novr:;tber 1974 sale pf $100 million of certificates .3f beneficial ownership (CBOs) to a security brokerage fir...
Date Jan. 26, 1976 Report No. FOD-76-9 Title

Financial Management: Examination of the Rural Telephone Bank's Financial Statements for Fiscal Years Ended June 30, 1975 and 1974

. . ‘i REPORT TO THE CONGRESS llllllllllllllllllllllllllllllll LMO98303 BY THE COMPTROLLER GENERAL OF THE UNITED ST/GW&dNEi:;:; OFFICE LIBRARYSYSTEM Examination Of The Rural Telephone Bank's Financial Statements For Fiscal Years Ended June 30,1975 And 1974 Department of Agriculture ; 3 FOD-76-9 \ JAN.26,1976 COMPTROLLER GENERAL. WASHINGTON, OF D.C. THE UNITED STATES 20548 B-159292 To the Preside...
Date Jan. 19, 1976 Report No. FOD-76-4 Title

Financial Management: Examination of Financial Statements for the Year Ended December 31, 1974

i llllllllllllllllllllllllllllllllll LM099973 Fe&m! i-iane Loan Rmk Board Federal Home Loan Banks Federal Savings and Loas Insurance Corporation F OD-764 a.;I , i 1::’ SC? J. - I , _I. q-76 . . To the President of the Senate and the Speaker of the tious? of Representatives is our report on the examination of the financia% of the Feder~;Z Ecmc Loan Bank !3xrdi the Federal Savinqs and Eaan Insuran...
Date Jan. 19, 1976 Report No. ID-76-38 Title

Financial Institutions: Tax-Free Salaries of the International Development Banks Exceed Those of All Member Governments

by at CLIlC3 0. ., RELEASED ._. .. _.,__ Departments of the Tr&tiry grid State -. . l *. The salaries of the World Bank and International Development Association and the Inter-American and Asian Development Banks, when adjusted for their tax-free status, are similar and generally comparable to those of the United Nations Sacretarlat. They are higher than those of all member governments. While the ...
Date Dec. 12, 1975 Report No. ID-76-29 Title

Overseas Military Banking: How It Is Financed and Managed

OLLER GENERAL Ll. BY THE” 8 OF THE UNITED STATES
Date Aug. 26, 1975 Report No. ID-76-6 Title

International Affairs: Problems in Coordinating Multilateral Assistance to Thailand

lllllllllll~lllllllllllllll LM096839 Departments Agency of State and theTreasury Development for International This report examines the management of development assistance provided to Thailand through the United Nations, the World Bank, and the Asian Development Bank. It recommends improvements in planning, project development, -and allocation of resources to recognized priorities. It also recomm...
Date June 11, 1975 Report No. FOD-75-9 Title

Financial Management: Audit of Federal Deposit Insurance Corporation for the Year Ended June 30, 1974 Limited by Agency Restriction on Access to Bank Examination Records

GENERAL ACCUUNTUiii OFFICE: REPORT TO THE CO#~ti!S LtBRARY SYSTEM _.... . Illllllll11111iii 11111 Ill1 Ill Ill11 llllilllllillll LM097005 Audit Of Federa I Deposit Insurance Cor ration For The Year End June 30, 1 Limited estriction On Access To Bank Examination Records BY THE COMPTROLLER GENERAL OF THE UNITED STATES COMPTROLLER GENERAL WASHINGTON. OF D.C. THE UNITED STATES 20548 I I ’ *To tne Sp...
Date May 6, 1975 Report No. RED-75-347 Title

Financial Institutions: Information on the Secondary Mortgage Market Activities of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation

R E D -75-347 p’; jy{ r3,P975 COMPTROLLER GENERAL WASHINGTON,b.C. OF THE UNITED 20548 STATES H-114828 l i, r/ The Honorable William Proxmire Chairman, Committee on Banking, Housing, and Urban Affairs United States Senate Dear Mr. Chairman: ‘-0 \ By letter of July 26, 1974, Senator John Sparkman, then 2 Chairman of the Senate Committee on Banking, Housing, and and Senator John Tower, Ranking Mi...
Date April 2, 1974 Report No. 094588 Title

Business, Industry, and Consumers: National Interest Determinations Made by the President Under the Export-Import Bank Act

UNITED STATES GENERAL ACCOUNTING OFFICE 20548 WASHINGTON, D.C. FOR RELEASE ON DELIVERY Expected at lo:00 am Tuesday, April 2, 1974 STATEMENT OF ELMER B. STAATS COMPTROLLER GENERAL OF THE UNITED STATES BEFORE THE SUBCOMMITTEE ON INTERNATIONAL OF THE COMMITTEE ON BANKING, HOUSING FINANCE AND URBAN AFFAIRS UNITED Mr. Chairman I recent minations Export-Import Section I STATES SENATE of the before Subc...
Date Jan. 1, 1974 Report No. 091048 Title

Special Publications: Hearings and Legislation

Date Nov. 9, 1973 Report No. 089484 Title

Government Operations: Survey of Opportunity Funding Corporation

Mr. Lcpuis Asswiate Office of offic’e cxf Ramfres Director Economic Development Economic opportunity Deaxl MY”, Ramirez: We have yeviewed selected activities of the Opportunity PundIng Corporation (‘Corporation) a grantee of the Office of a Eeomomie Oppsrtunfty ‘(OEO). In June I-970 the Corporation, received a $7.4 million grant private, nonprofit institution, from OEO to carry out demonst...
Date Feb. 2, 1973 Report No. B-117604(2) Title

Financial Management: Administration of Marine Corps Debt and Payment Claims Can Be Improved

l~lllllllllllillllllllllllllllll~lllll~llilll LM096180 Of nd Payment Can Be Improved ministration Marine Corps Finance Center UNITED STATES GENERAL ACCOUNTING OFFICE UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20548 TRANSPORTATION CLAIMS DIVISION AND “’ ““b” B-117604(2) Dear Mr. Secretary: We reported to you November 24, 1969 (B-117604(2)), on our review of the administratio...
Date Jan. 8, 1973 Report No. B-159292 Title

Business, Industry, and Consumers: Audit of the Rural Telephone Bank, Department of Agriculture, for the Initial Period October 1, 1971, to June 30, 1972

lllllHlllilllllllllllllllllllllllllllllllll LM096196 Audit Bank, Qepartment of Agriculture, For The Initial riod Otto 1971, To 72 B-159292 BY THE COMPTROLLER GEATERAL OF THE UNITED STATES jAN. -a, “1943 COMF’TROlJeER GENERAL WASHINGTON. OF D.C. THE UNITED STATES 20548 B-159292 To the President of the Senate and the L I Speaker of the House of Representatives I This is our report Department of ...
Date Nov. 14, 1972 Report No. 089470 Title

Government Operations: Review of Cancellation, Verification and Destruction of Unfit Currency

/ UNITED STATES~EMERAL~CGOUNT~NG OFFICE REGIONAL 143 FEDERAL OFFICE BUILDING OFFICE 50 FULTON STREET SAN FRANCISCO, CALIFORNIA 94102 PJuvember 24, xcJ2 . -2-
Date Oct. 27, 1972 Report No. B-130961 Title

Business, Industry, and Consumers: Additional Information Relating to Approval of the Application for Charter by the Ridgedale National Bank of Minnetonka, Minnesota

In a meeting with your staff today, we were asked to supply additional ipformation relating .to approval of the applica$ion.dfor' pLa79 cllarter bv thGFE@@GGTFX~~iGiaaL-~k of rYinnctonlca, Kinncsotla-Twem"'"--~~Hd the Comptroller and the Deputy Comptroller of .the ,J speclf u2ally, Currency associate newspaper articles appearing about August 1 relating to Kenneth Dahlberg and the $25,000 contribut...
Date June 16, 1972 Report No. B-175795 Title

International Affairs: Development Performance of AID-Assisted Development Banks in Latin America

E Q) [o E .0 Q 0 25 E a t .m -I & s a a m COMPTROLLER GENERAL WASHINGTON. OF THE UNITED 20548 STATES B.C. B-l Dear 75795 Dr. Hannah: review of the deby the Agency observations are The attached report presents the results of our velopment performance of development banks assisted for International Development in Latin America. Our summarized in the digest included in the report. A draft of the repo...
Date Dec. 30, 1971 Report No. B-117604(7) Title

Education: Office of Education Should Improve Procedures To Recover Defaulted Loans Under the Guaranteed Student Loan Program

Offtce of Educatron Departmentof Health, Education, and Welfare BY THE COMPTROLLER GENERAL OF THE UN1 STATES COMPTROLLER GENERAL WASHINGTON OF DC THE UNITED STATES 20548 B-117604(7) L To the President of the Senate and the Speaker of the House of Repre sentatlve s 1 v This IS our report entltled “Office of Education Should Improve Procedures to Recover Defaulted Loans Under the Guaranteed Studen...
Date July 20, 1971 Report No. B-161470 Title

Budget and Spending: Progress Made Toward Independent and Comprehensive Audits of the Inter-American Development Bank

I1111111111111 II III11 llll 11111 Ill1 Ill11 lllll lllll LM095558 B-161.470 Y Department of the Treasury d COMPTROLLER GENERAL WASHINGTON. OF THE UNITED 20548 STATES D.C. B-l 61470 Li *\e#f To the Speaker President of the of the Senate and the House of Representatives This is our report on the progress made toward independent and comprehensive audits of the Inter-American Development Bank, an int...
Date June 21, 1971 Report No. B-114823 Title

Financial Management: Audit of the Export-Import Bank of the United States, Fiscal Year 1970

llllllllllllllllllllllllllllllllllll LM095621 Audit Of The Export-Import Bank Of The United States Fiscal Year 1970 8-114823 BY THE CQMPTROLLER GENERAL OF THE UNITED STATES b COMPTROLLER GENERAL WASHINGTON. OF D.C. T!iE UNITED 20548 STATES B-114823 To the President of the Senate and the Speaker of the House of Representatives This is our report on the audit of the Export-Import the United States f...
Date May 20, 1971 Report No. 094360 Title

Government Operations: Comments on H.R. 5846

.a 1 1 0 1 0 STATEMENTOF ELMER B. STAATS, COMPTROLLERGENERAL OF THE UNITED STATES BEFORE SUBCOMMITTEEON INTERNATIONAL TRADE COMMITTEE ON BANKING AND CURRENCY UNITED STATES HOUSE OF REE'RESENTATIVES ON uR H.R. 5846 to amend the .3 amended, to allow for the United States, to ments from the budget purposes. Export-Import Bank Act of 1945, as greater expansion of export trade of exclude Bank receipts ...
Date March 26, 1971 Report No. B-168560 Title

Government Operations: Information Concerning Contingent Fees Paid to Private Companies

In your letter dated January 23, 1970, you requested that we review the legality of the contingent fees paid by contractors under the Department of Labor's Special Impact program in Los Angeles, California, to the investment banking firm of Dempsey-Tegeler and Company, Incorpo=rated, and that we look into the entire question of contingent fees paid to private companies who act as a liaison with th...
Date Feb. 18, 1971 Report No. 093032 Title

Financial Management: Need To Establish Adequate Criteria for Evaluating the Eligibility of Loan Applicants Whose Principals Have Substantial Resources or Credit

UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20548 CIVIL DIVISION 1971 Dear Mr. Kleppe: The General Accounting Office examined into the Snall Business Administration's (SBA) evaluation and review of applicants' eligibility for business loans requested by firms whose owners have a large amount of personal resources and a high net worth. Our survey was conducted at the Washington, D.C., ...
Date July 31, 1969 Report No. 092667 Title

Financial Institutions: Efforts by SBA to To Increase Participation by Private Lending Institutions in the SBA Business Loan Program

_-_ -- UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D C 20548 CIVIL DIVISION JUL 3 1 1969 I* * * the key to small businessman ipation.l* QUP meeting adequately the needs of the lies Ln achZeving greater private partlc- In discussing this matter with SBA Washington officials, we were advised that they have investigated nonbank sources of long-term capital at the Washington level, but that th...
Date March 7, 1969 Report No. 092723 Title

Financial Management: Change in Method of Conducting Bank Examinations

UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON,DC. C5VIL DlVlSlON 20548 fit% ‘/ 7969 Dear Mr. Rand: During our audit of the flnanclal statements of the Federal home loan banks for calendar year 1968, we have noted that the Federal Home Loan Bank Board may be able to reduce the cost of bank examlnatlons by staffing the examlnatlon work with assoclatlon examiners rather than with bank examiner...