Division of Resolutions and Receiverships
E801308
The Division of Resolutions and Receiverships is the FDIC unit responsible for managing failed banks, resolving their affairs, and handling the disposition of their assets and liabilities.
Statements (44)
| Predicate | Object |
|---|---|
| instanceOf |
FDIC division
ⓘ
organizational unit ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| employer |
FDIC asset managers
ⓘ
FDIC claims specialists ⓘ FDIC resolutions specialists ⓘ |
| goal |
minimization of resolution costs
ⓘ
orderly resolution of failed banks ⓘ protection of insured depositors ⓘ |
| hasRole |
receiver for failed insured depository institutions
ⓘ
resolution authority support unit ⓘ |
| jurisdiction |
United States of America
ⓘ
surface form:
United States
|
| parentOrganization | Federal Deposit Insurance Corporation NERFINISHED ⓘ |
| partOf | Federal Deposit Insurance Corporation NERFINISHED ⓘ |
| responsibleFor |
claims administration for failed institutions
ⓘ
coordinating with acquiring institutions in bank failures ⓘ coordinating with other FDIC divisions on bank failures ⓘ coordinating with other regulators on resolutions ⓘ data and information management for failed institutions ⓘ developing resolution policies and procedures ⓘ handling disposition of assets of failed banks ⓘ handling disposition of liabilities of failed banks ⓘ managing failed insured depository institutions ⓘ managing loan portfolios from failed banks ⓘ managing loss-share agreements with acquiring institutions ⓘ managing owned real estate from failed banks ⓘ managing receiverships ⓘ marketing failed bank assets ⓘ maximizing recoveries from failed bank assets ⓘ minimizing losses to the Deposit Insurance Fund ⓘ overseeing resolution strategies for failing institutions ⓘ planning for potential bank failures ⓘ post-closing asset management of failed banks ⓘ protecting insured depositors in bank failures ⓘ resolving failed bank affairs ⓘ settlement of creditor claims in receiverships ⓘ |
| sector |
banking supervision
ⓘ
deposit insurance ⓘ financial stability ⓘ |
| shortName | DRR NERFINISHED ⓘ |
| usesInstrument |
asset sales
ⓘ
bridge banks ⓘ deposit payoffs ⓘ purchase and assumption transactions ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.