Federal Deposit Insurance Corporation

E7511

The Federal Deposit Insurance Corporation (FDIC) is an independent U.S. government agency that insures bank deposits and promotes stability and public confidence in the nation’s financial system.

All labels observed (8)

How this entity was disambiguated

Statements (50)

Predicate Object
instanceOf deposit insurance agency
independent agency of the United States government
abbreviation FDIC
boardIncludes Comptroller of the Currency
Director of the Consumer Financial Protection Bureau
boardMembersCount 5
cooperatesWith Board of Governors of the Federal Reserve System
National Credit Union Administration
Office of the Comptroller of the Currency
country United States
dateFounded 1933-06-16
doesNotReceive congressional appropriations for its insurance fund
excludesCoverage securities, mutual funds, and similar investments not considered deposits
foundedAfterEvent Great Depression
foundedByStatute Banking Act of 1933
fundingSource earnings on investments in U.S. Treasury securities
premiums paid by insured banks and savings associations
governedBy Board of Directors of the FDIC
hasChairmanTitle Chairman of the FDIC
hasPower act as receiver for failed insured banks
examine insured banks for safety and soundness
take enforcement actions against insured banks
headquartersLocation Washington, D.C.
industry bank supervision
deposit insurance
financial regulation
insuranceLimitBasis per depositor, per insured bank, for each account ownership category
insuranceLimitPerDepositorPerBank 250000 USD
insuranceType deposit insurance for bank customers
issues regulations for insured depository institutions within its jurisdiction
jurisdiction United States federal government
legalForm U.S. federal government corporation
memberOf Federal Financial Institutions Examination Council
monitors risks to the Deposit Insurance Fund
motto “FDIC: Insured deposits are safe.”
operatesFund Deposit Insurance Fund
oversees Deposit insurance coverage rules for insured institutions
parentOrganization United States federal government
providesService deposit insurance
publishes Quarterly Banking Profile
consumer education materials on deposit insurance
purpose insure deposits in U.S. banks and savings associations
maintain public confidence in the banking system
promote stability in the U.S. financial system
resolve failed banks
regulates state-chartered banks that are not members of the Federal Reserve System
scopeOfCoverage certain U.S. branches of foreign banks
commercial banks
savings institutions
supervises insured state-chartered banks that are not members of the Federal Reserve System

How these facts were elicited

Referenced by (109)

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

New Deal hasPart Federal Deposit Insurance Corporation
Emergency Banking Act relatedTo Federal Deposit Insurance Corporation
Glass–Steagall Act created Federal Deposit Insurance Corporation
Glass–Steagall Act abbreviation FDIC
linked to: Federal Deposit Insurance Corporation
Vice Chair for Supervision worksWith Federal Deposit Insurance Corporation
Office of Domestic Finance collaboratesWith Federal Deposit Insurance Corporation
Under Secretary for Domestic Finance worksWith Federal Deposit Insurance Corporation
Federal Deposit Insurance Corporation abbreviation FDIC
linked to: Federal Deposit Insurance Corporation
Banking Act of 1935 affected Federal Deposit Insurance Corporation
JPMorgan Chase regulator Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency cooperatesWith Federal Deposit Insurance Corporation
Community Reinvestment Act administeredBy Federal Deposit Insurance Corporation
Bank Merger Act of 1960 enforcedBy Federal Deposit Insurance Corporation
Federal Home Loan Bank Board replacedBy Federal Deposit Insurance Corporation (for thrift insurance functions)
linked to: Federal Deposit Insurance Corporation
TD Bank regulatoryAuthority Federal Deposit Insurance Corporation
Office of Financial Institutions worksWith Federal Deposit Insurance Corporation
Quarterly Banking Profile publishedBy Federal Deposit Insurance Corporation
Quarterly Banking Profile publishedBy FDIC
linked to: Federal Deposit Insurance Corporation
Board of Directors of the FDIC governs Federal Deposit Insurance Corporation
Board of Directors of the FDIC setsPolicyFor Federal Deposit Insurance Corporation
Discover Financial Services regulator Federal Deposit Insurance Corporation
subject linked to: Discover
Federal Financial Institutions Examination Council hasMember Federal Deposit Insurance Corporation
First National Bank of Omaha memberOf Federal Deposit Insurance Corporation
Deposit Insurance Fund managedBy Federal Deposit Insurance Corporation
Deposit Insurance Fund componentOf FDIC deposit insurance system
linked to: Federal Deposit Insurance Corporation
Deposit Insurance Fund monitoredBy FDIC
linked to: Federal Deposit Insurance Corporation
Deposit Insurance Fund owner FDIC in its corporate capacity
linked to: Federal Deposit Insurance Corporation
National Credit Union Administration similarTo Federal Deposit Insurance Corporation
United States federal securities markets regulatingAuthority Federal Deposit Insurance Corporation
Capital One regulator Federal Deposit Insurance Corporation
First Chicago NBD regulator Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency cooperatesWith Federal Deposit Insurance Corporation
subject linked to: OCC
Bank of America regulator Federal Deposit Insurance Corporation
Bank One Corporation regulator Federal Deposit Insurance Corporation
Washington Mutual acquiredBy FDIC (as receiver, for resolution)
linked to: Federal Deposit Insurance Corporation
Washington Mutual regulator Federal Deposit Insurance Corporation
Fifth Third Bank regulator Federal Deposit Insurance Corporation
Community Reinvestment Act administeredBy Federal Deposit Insurance Corporation
subject linked to: CRA
Public Law 95-128, Title VIII implementedBy Federal Deposit Insurance Corporation
Regions Financial Corporation regulator Federal Deposit Insurance Corporation
FHLBB replacedBy Federal Deposit Insurance Corporation
Truist Financial regulator Federal Deposit Insurance Corporation
Federal Savings and Loan Insurance Corporation replacedBy Federal Deposit Insurance Corporation
Office of Thrift Supervision replacedBy Federal Deposit Insurance Corporation