Background
Tanoue, Donna A. was born on May 5, 1954 in Honolulu, Hawaii, United States.
Tanoue, Donna A. was born on May 5, 1954 in Honolulu, Hawaii, United States.
University of Hawaii (Bachelor of Arts, 1976). Georgetown University Law Center (Juris Doctor, 1981). Commissioner of Financial Institutions, State of Hawaii, 1983-1987.
As Federal Deposit Insurance Corporation Chairman, Tanoue focused attention on emerging risks in the financial institution industry, and especially on the risks that arise from subprime lending. Investigating fraud at banks was prioritized for Federal Deposit Insurance Corporation examiners, because recent changes in the business of banking and innovations in computer technology had created greater opportunity for financial irregularities. And the Federal Deposit Insurance Corporation 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.
Tanoue"s Federal Deposit Insurance Corporation took an aggressive approach to supervising federally insured financial institutions to ensure their readiness for the Year 2000 date change.
Tanoue personally appeared on network television news programs to describe the banking industry’s preparedness for Year 2000, assuring the public that there would be no significant disruptions in the banking system because of year 2000. She specialized in banking, real estate finance, and governmental affairs 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, cr unions, and escrow depository companies. Tanoue also served as Special Deputy Attorney General to the Department of Commerce and Consumer Affairs for the State of Hawaii from 1981 to 1983.
Tanoue received a Juris Doctor from the Georgetown University Law Center in 1981 and a Bachelor of Arts from the University of Hawaii in 1977.
Subsequently, in April 2002, she became Vice Chairman and Managing Committee member of the Bank of Hawaii.