A page 1 article Monday, "ABA Offers Helping Hand on Thrift Fund," misinterpreted part of a letter from Rep. Marge Roukema, chairman of the House Banking subcommittee on financial institutions, as expressing doubt that the thrift fund's problems are urgent.

In fact, the New Jersey Republican made clear elsewhere in her letter to FDIC Chairman Ricki Helfer that the undercapitalized fund was "a matter of grave concern."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.