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Wrong Edith Gray?

Edith Gray

Senior Ombudsman Specialist and Risk Management Examiner

Federal Deposit Insurance Corporation

HQ Phone:

Federal Deposit Insurance Corporation

550 17Th Street N.W.

Washington Dc, District of Columbia 20429

United States

Company Description

Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 8,305 banks and savings associations and it promotes the safety and soundness of thes... more

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Background Information

Employment History

Federal Deposit Insurance Corporation

Web References (2 Total References)


www.flippingfrenzy.com [cached]

On Monday, La Jolla Bank's branches will open as OneWest, and depositors should see no difference in service, said Edith Gray, a spokeswoman for the FDIC, who was in Rancho Santa Fe Friday.

Gray said the bank may also have also been making fraudulent loans, but she said she couldn't elaborate further. A spokesman for the Office of Thrift Supervision, which would oversee a fraud investigation, declined to comment.
The closure itself went smoothly, Gray said. Many of the bank's employees have stayed on to work with regulators through the weekend. Officials have to wrap up any outstanding transactions in all branches to ensure an easy transition to OneWest. Even at the start, employees took the entrance of regulators calmly.
"There was no drama," Gray said. "It's been a very smooth transition."

Edith Gray, a spokeswoman ...

www.greenvilleonline.com [cached]

Edith Gray, a spokeswoman for the FDIC, said, "The problems here arose from commercial real estate loans and acquisition and development lending and the economy.

"With the soft real estate market we are in, a lot of those loans were not able to be repaid which consequently caused the bank's capital to be eroded," Gray said.
Friday night, the closed bank was abuzz with activity, as officers from the FDIC carried in boxes of computers that Gray said would be used to complete the transaction.

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