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396:. Investigating fraud at banks was prioritized for FDIC examiners, because recent changes in the business of banking and innovations in computer technology had created greater opportunity for financial irregularities. And the FDIC also refined its system of setting deposit insurance premiums in an attempt to capture more accurately the risks that institutions posed to its insurance funds.
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From 1983 to 1987, Tanoue was
Commissioner of Financial Institutions for the State of Hawaii. In that post, she was the primary state regulator for state-chartered banks, savings and loan associations, trust companies, industrial loan companies, credit unions, and escrow depository companies. Tanoue
403:. Tanoue personally appeared on network television news programs to describe the banking industryās preparedness for Year 2000, assuring the public that there would be no significant disruptions in the banking system because of Y2K.
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Before she became FDIC Chairman, Tanoue was a partner in the Hawaii law firm of
Goodsill Anderson Quinn & Stifel, which she joined in 1987. She specialized in banking, real estate finance, and governmental affairs.
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also served as
Special Deputy Attorney General to the Department of Commerce and Consumer Affairs for the State of Hawaii from 1981 to 1983.
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Biographical information from the FDIC's 1999 Annual Report
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Chairs of the
Federal Deposit Insurance Corporation
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