Deposit insurance


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Deposit insurance

Deposit Insurance

A guarantee by some organization that funds in a bank deposit will be available to the account holder. That is, if the bank becomes insolvent, insured deposits are safe and depositors will be able to access them. Deposit insurance is made by a government-sponsored organization such as the FDIC. Deposit insurance exists in order to reduce pressures that might result in bank runs.
References in periodicals archive ?
2002) "Does Deposit Insurance Increase Banking System Stability?
WASHINGTON, June 16 /PRNewswire/ -- Seventy-five years after President Franklin Delano Roosevelt signed legislation creating the Federal Deposit Insurance Corporation, the FDIC continues to safeguard the money of consumers throughout America in FDIC-insured accounts.
The Federal Reserve Board and the Federal Deposit Insurance Corporation announced on February 25, 2005, the execution of a joint written agreement by and among the Federal Reserve Bank of New York and the Federal Deposit Insurance Corporation with David Bodner and Murray Huberfeld.
Japanese banks fear their deposit insurance premiums under the state-run deposit insurance system will soar if a shift of bank deposits into ordinary deposits continues.
We at the EDIC are undertaking a comprehensive review of our deposit insurance system.
The bank is looking to introduce a deposit insurance system as soon as possible.
Deposit insurance compensation for JSCB ECOPROMBANK deposits can be received at any designated Sberbank branch.
For example, Pozdena (1992) recently examined the Danish banking system, which until very recently did not have a deposit insurance system.
com/research/jwp7zp/establishing_a_dep) has announced the addition of the "Establishing a Deposit Insurance System in China" report to their offering.
Congress responded to this disaster by passing the Banking Act of 1933, which established the federal deposit insurance system.
A bill to exempt real estate escrow deposits from the limits of federal deposit insurance was introduced into the House of Representatives by Rep.
Global Banking News-September 14, 2015--Germany not happy with eurozone deposit insurance plan

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