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 Federal Deposit Insurance Corporation self-linksurface differs
surface form: FDIC
boardIncludes Office of the Comptroller of the Currency
surface form: Comptroller of the Currency

Director of the Consumer Financial Protection Bureau
boardMembersCount 5
cooperatesWith Federal Reserve Board of Governors
surface form: Board of Governors of the Federal Reserve System

National Credit Union Administration
Office of the Comptroller of the Currency
country United States of America
surface form: 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 Glass–Steagall Act
surface form: 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 government
surface form: 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 government
surface form: 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.

Title 12 of the Code of Federal Regulations administeredBy Federal Deposit Insurance Corporation
Regulation CC enforcedBy Federal Deposit Insurance Corporation
U.S. savings banks regulatoryAuthority Federal Deposit Insurance Corporation
FSOC hasMember Federal Deposit Insurance Corporation
Citizens Financial Group regulator Federal Deposit Insurance Corporation
Chairman of the Federal Deposit Insurance Corporation partOf Federal Deposit Insurance Corporation
Chairman of the Federal Deposit Insurance Corporation headOf Federal Deposit Insurance Corporation
Chairman of the Federal Deposit Insurance Corporation hasEmployer Federal Deposit Insurance Corporation
Senate Committee on Banking, Housing, and Urban Affairs oversees Federal Deposit Insurance Corporation
Wells Fargo regulator Federal Deposit Insurance Corporation
House Committee on Financial Services oversees Federal Deposit Insurance Corporation
Bank of Guam regulator Federal Deposit Insurance Corporation
Federal Deposit Insurance Act creates Federal Deposit Insurance Corporation
Federal Deposit Insurance Act authorizes Federal Deposit Insurance Corporation
this entity surface form: FDIC to act as receiver for failed insured depository institutions
Federal Deposit Insurance Act administeredBy Federal Deposit Insurance Corporation
Meritor Savings Bank, FSB regulator Federal Deposit Insurance Corporation
Comerica Bank regulator Federal Deposit Insurance Corporation
LendingClub regulator Federal Deposit Insurance Corporation
Discover Financial Services regulator Federal Deposit Insurance Corporation
Citibank regulator Federal Deposit Insurance Corporation
FDIC operating divisions partOf Federal Deposit Insurance Corporation
Barclays Bank Delaware regulator Federal Deposit Insurance Corporation
Discover Bank regulator Federal Deposit Insurance Corporation
United States financial institutions regulatedBy Federal Deposit Insurance Corporation
Task Force on Supervision worksWith Federal Deposit Insurance Corporation
Task Force on Information Sharing worksWith Federal Deposit Insurance Corporation
Banking Code of the United States enforcedBy Federal Deposit Insurance Corporation
Chase Bank regulator Federal Deposit Insurance Corporation
FDIC insurance limit regulatedBy Federal Deposit Insurance Corporation
National Credit Union Share Insurance Fund similarTo Federal Deposit Insurance Corporation
National Credit Union Share Insurance Fund similarTo Federal Deposit Insurance Corporation
this entity surface form: FDIC deposit insurance
National Credit Union Share Insurance Fund relatedTo Federal Deposit Insurance Corporation
U.S. Bank regulator Federal Deposit Insurance Corporation
Municipal Securities Rulemaking Board cooperatesWith Federal Deposit Insurance Corporation
KeyCorp regulatedBy Federal Deposit Insurance Corporation
CAMELS rating system usedBy Federal Deposit Insurance Corporation
Public Law 101-73 transfersFunctionTo Federal Deposit Insurance Corporation
United States financial system hasRegulator Federal Deposit Insurance Corporation
Resolution Trust Corporation subsidiaryOf Federal Deposit Insurance Corporation
Resolution Trust Corporation replacedBy Federal Deposit Insurance Corporation
NYSE:WM seizedBy Federal Deposit Insurance Corporation
subject surface form: Washington Mutual
NYSE:C regulator Federal Deposit Insurance Corporation
subject surface form: Citigroup Inc.
BBVA USA memberOf Federal Deposit Insurance Corporation
this entity surface form: FDIC
BBVA USA regulatedBy Federal Deposit Insurance Corporation
NASDAQ:FITB memberOf Federal Deposit Insurance Corporation
subject surface form: Fifth Third Bancorp
BMO Harris Bank regulator Federal Deposit Insurance Corporation
State Farm Bank (former) regulator Federal Deposit Insurance Corporation
subject surface form: State Farm Bank
State Farm Bank (former) insuredBy Federal Deposit Insurance Corporation
subject surface form: State Farm Bank
Bank of America branch on Laurel Canyon Boulevard regulator Federal Deposit Insurance Corporation