WASHINGTON - With Jan. 1 just hours away and all 10,271 insured banks and thrifts reportedly Y2K-ready, regulators are confident they have the technology problem licked. They are less sure about their ability to manage the public psyche.

"We know there are going to be ATMs that run out of money," said Federal Reserve Board spokeswoman Rose Pianalto. "On a normal day, it would not be a story. On Y2K day, it's a story."

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.