By insuring deposits, the Federal Deposit
Insurance Corporation (FDIC) preserves and promotes public confidence in the US financial system.
The Federal Deposit
Insurance Corporation has said that Yuma, Arizona-based Foothills has acquired all the deposits and almost all of the assets of Summit, which operated one branch in Prescott, Arizona.
Several banking laws coming out of the savings and loan scandals of the late 1980s were savaged by the banking community as overkill; at least one, the Federal Deposit
Insurance Corporation Improvement Act (FDICIA), was commonly sneered at as "the lawyers' full employment act.
The agencies remind the public that deposit insurance is in full force and that money in FDIC- or NCUA-insured accounts is protected by federal deposit
The Office of the Comptroller of the Currency, the Federal Reserve Board, Federal Deposit
The breakthrough of CDARS is its sophisticated matching engine, which allows banks to work together to provide federal deposit
insurance to customers with large accounts," says Mark Jacobsen, president and chief operating officer of Promontory.
insurance subsidizes risky bank behavior, as pointed out by Lawrence White, a University of Georgia economics professor.
In a recent issue of this Journal, Professor Cebula  empirically investigates the impact of federal deposit
insurance on Savings and Loan (S&L) failures.
THE FINAL BILL FOR THE S&L CRISIS is being tallied up, and like the bar tab for a drunken night on the town, it is simultaneously sobering and stomach-churning: at least $200 billion in government funds to pay depositors' claims against the Federal Deposit
Insurance Corporation and the now-defunct Federal Savings and Loan Insurance Corporation.
A bill to exempt real estate escrow deposits from the limits of federal deposit
insurance was introduced into the House of Representatives by Rep.
Mention of federal deposit
insurance evokes two disparate responses in today's financial environment.
DALLAS -- Zix Corporation (ZixCorp([R])), (Nasdaq:ZIXI), the leader in hosted services for email encryption and e-prescribing, today announced the Federal Deposit
Insurance Corporation (FDIC) will be using the company's Email Encryption Service to communicate securely with the other financial regulators.
AT&T Government Solutions (AGS), a division of AT&T, and the unit within AT&T that serves a range of federal agencies, has been awarded a USD 12 million contract by the Federal Deposit
Insurance Corporation (FDIC) to provided managed wide area network (WAN) services, specifically multiprotocol label switching (MPLS) for virtual private networks (VPNs), as well as voice services to 95 FDIC office locations globally.
Georgia regulators have closed Community Bank of West Georgia and named Federal Deposit
Insurance Corporation as the receiver.
The Federal Reserve Board and the Federal Deposit
Insurance Corporation announced on February 25, 2005, the execution of a joint written agreement by and among the Federal Reserve Bank of New York and the Federal Deposit
Insurance Corporation with David Bodner and Murray Huberfeld.