Federal Deposit Insurance Act

E155077

The Federal Deposit Insurance Act is a U.S. law that establishes federal deposit insurance for bank customers and sets the framework for regulating and resolving insured depository institutions.

All labels observed (2)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf United States federal statute ⓘ
banking law ⓘ
administeredBy Federal Deposit Insurance Corporation ⓘ
amendedBy Dodd–Frank Wall Street Reform and Consumer Protection Act ⓘ
Federal Deposit Insurance Corporation Improvement Act of 1991 ⓘ
Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ⓘ
Gramm–Leach–Bliley Act ⓘ
appliesTo commercial banks ⓘ
insured branches of foreign banks in the United States ⓘ
savings associations ⓘ
authorizes FDIC to act as receiver for failed insured depository institutions ⓘ
FDIC to examine insured depository institutions ⓘ
FDIC to provide financial assistance to troubled insured institutions under certain conditions ⓘ
FDIC to take enforcement actions against unsafe or unsound banking practices ⓘ
codifiedIn Title 12 of the United States Code ⓘ
codifiedSections 12 U.S.C. § 1811 et seq. ⓘ
containsProvision prompt corrective action framework ⓘ
regulation of interest rates on certain deposits (historically) ⓘ
restrictions on brokered deposits ⓘ
restrictions on transactions with affiliates ⓘ
country United States ⓘ
creates Federal Deposit Insurance Corporation ⓘ
dateEnacted 1933-06-16 ⓘ
defines categories of insured deposits ⓘ
deposit insurance coverage limits ⓘ
grounds for termination of deposit insurance ⓘ
standards for unsafe or unsound banking practices ⓘ
effectiveDate 1934-01-01 ⓘ
enactedBy United States Congress ⓘ
establishes FDIC Deposit Insurance Fund ⓘ
jurisdiction federal jurisdiction of the United States ⓘ
language English ⓘ
partOf New Deal legislation ⓘ
policyArea bank regulation ⓘ
consumer financial protection (for depositors) ⓘ
financial stability ⓘ
primaryPurpose establish federal deposit insurance for bank deposits ⓘ
promote stability and confidence in the U.S. banking system ⓘ
provide framework for regulation of insured depository institutions ⓘ
provide framework for resolution of failed insured depository institutions ⓘ
regulates insured depository institutions ⓘ
relatedTo Bank Holding Company Act of 1956 ⓘ
Federal Reserve Act ⓘ
National Bank Act ⓘ
requires assessment of insurance premiums on insured institutions ⓘ
maintenance of adequate deposit insurance reserves ⓘ
shortName FDIA ⓘ
signedBy Franklin D. Roosevelt ⓘ

How these facts were elicited

Referenced by (24)

Full triples — surface form annotated when it differs from this entity's canonical label.

Public Law 111-203 → amended → Federal Deposit Insurance Act ⓘ
Board of Directors of the FDIC → hasLegalBasisIn → Federal Deposit Insurance Act ⓘ
Deposit Insurance Fund → legalBasis → Federal Deposit Insurance Act ⓘ
Henry B. Steagall → notable work → Federal Deposit Insurance Act ⓘ
111-203 → amends → Federal Deposit Insurance Act ⓘ
United States financial institutions → subjectTo → Federal Deposit Insurance Act ⓘ
Banking Code of the United States → includes → Federal Deposit Insurance Act ⓘ
FDIC insurance limit → isDefinedIn → Federal Deposit Insurance Act ⓘ
Public Law 101-73 → amends → Federal Deposit Insurance Act ⓘ
United States financial system → subjectTo → Federal Deposit Insurance Act ⓘ
Public Law 93-495 → amends → Federal Deposit Insurance Act ⓘ
FDICIA → relatedTo → Federal Deposit Insurance Act ⓘ
Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 → amends → Federal Deposit Insurance Act ⓘ
subject linked to: Riegle-Neal Act
Garn–St Germain Depository Institutions Act of 1982 → amends → Federal Deposit Insurance Act ⓘ
FDIA → standsFor → Federal Deposit Insurance Act ⓘ
DIDMCA → amends → Federal Deposit Insurance Act ⓘ
Office of Complex Financial Institutions → usesAuthorityFrom → Federal Deposit Insurance Act ⓘ
International Banking Act of 1978 → relatedTo → Federal Deposit Insurance Act ⓘ
Federal Deposit Insurance Act Amendments of 1974 → follows → Federal Deposit Insurance Act ⓘ
FDIC Electronic Deposit Insurance Estimator → relatedTo → FDIC deposit insurance rules ⓘ
linked to: Federal Deposit Insurance Act