Welcome to an animated timeline of our history! During our 90 years, there have been periods that were especially challenging. But through it all, no insured depositor lost a penny of their funds. So take a stroll through the decades and dive deeper into those moments that continue to shape our nation’s banking system. https://lnkd.in/eNy2cSya
Federal Deposit Insurance Corporation (FDIC)
Banking
Washington, DC 114,544 followers
Protecting your deposits since 1933
About us
The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $250,000; by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails. For policies and disclaimers visit: http://fdic.gov/about/policies/
- Website
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http://www.fdic.gov
External link for Federal Deposit Insurance Corporation (FDIC)
- Industry
- Banking
- Company size
- 5,001-10,000 employees
- Headquarters
- Washington, DC
- Type
- Government Agency
- Founded
- 1933
- Specialties
- deposit insurance, bank regulator, and banking research
Locations
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Primary
550 17th Street NW
Washington, DC 20429, US
Employees at Federal Deposit Insurance Corporation (FDIC)
Updates
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Together with the Federal Reserve Board and the Office of the Comptroller of the Currency, we issued updated host state loan-to-deposit ratios that we use to evaluate bank compliance with the Riegle-Neal Interstate Banking and Branching Efficiency Act. https://lnkd.in/ew2kq-aY
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Attention bankers! Every year, we survey deposits held at each FDIC-insured financial institution’s branch locations as of June 30th. Our 2024 Summary of Deposits survey responses are due by July 31st. Read more ➡️ https://lnkd.in/egA8RjW3.
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Today, we issued the lists of financial institutions scheduled for a Community CRA examination during the third and fourth quarters of 2024. https://lnkd.in/e2kCt5TT
FDIC Issues CRA Examination Schedules for Third Quarter 2024 and Fourth Quarter 2024 | FDIC
fdic.gov
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Today, we released a list of administrative enforcement actions taken against banks and individuals in April. There are no administrative hearings scheduled for June 2024. https://lnkd.in/ep7Pk5Jv
FDIC Makes Publish April Enforcement Actions | FDIC
fdic.gov
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When a bank we supervise fails and costs our Deposit Insurance Fund more than $50 million, the law requires our Office of Inspector General to conduct a ‘material loss review.’ Tune into our latest episode of the #FDICPodcast to learn more about why these material loss reviews are so important to understanding why the institution failed and how the FDIC supervised the bank before it failed. 🎙️▶️ fdic.gov/podcasts
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Today we announced regulatory relief to assist FDIC-supervised banks and customers in #WestVirginia to recover from recent severe storms, straight-line winds, tornadoes, landslides, and mudslides. https://lnkd.in/g6gujZHZ
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Earlier this month, severe storms caused significant property damage in areas of #Iowa. Today, we announced a number of measures to provide regulatory relief to help FDIC-supervised banks and their customers in the state to recover. https://lnkd.in/g36eP6vb
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Today, we announced a series of steps to provide regulatory relief and assist FDIC-supervised banks and their customers recover from severe storms, straight-line winds, tornadoes, landslides, and mudslides in #Kentucky. https://lnkd.in/gh-nvwe7