Bank Insurance

Bank Insurance

A guarantee by a government or private company of all the deposits in a bank, at least up to a certain amount. Most bank insurance in the United States is provided by the Federal Deposit Insurance Corporation.
References in periodicals archive ?
M2 EQUITYBITES-August 22, 2017-First Bank Insurance Services to Acquire North Carolina's Bear Insurance Service
The white paper is designed to help interested banks and carriers uncover profitable bank insurance opportunities.
Global Banking News-December 18, 2015--First Bank Insurance Services and Bankingport to merge
Therefore, from an operations standpoint, ILCs pose similar risks to the bank insurance fund as other types of insured depository institutions.
However, the growth rate of bank insurance sales fell to its lowest point in 5 years, according to the American Bankers Insurance Association, Washington, which reported the data in its annual "Study of Leading Banks in Insurance.
Riverwoods, IL) has published Bank Insurance Sales Methods: Requirements, Restrictions and Guidelines, a looseleaf volume that explores the changes affecting financial services entities brought about by the adoption of the Gramm-Leach-Bliley Act of 1999.
The Sunday Mirror have teamed up with Lloyds Bank Insurance Direct to give you the chance to go with a friend to the BBC GOOD HOMES SHOW at the NEC in Birmingham between April 9 and 13.
The money is expected to recapitalize the SAIF to prepare it for a merger with the Bank Insurance Fund (BIF) by 1999.
urged passage of a bipartisan compromise to bring the Savings Association Insurance Fund to full funding and merge it with the separate and healthy bank insurance fund.
However, I will defer to the Federal Deposit Insurance Corporation (FDIC) for other specific figures regarding the number and estimated costs of near-term bank failures and the general strength of the Bank Insurance Fund (BIF).
The Hartford Insurance Agency is the 5(th) Agency Acquisition for Northeast Bank Insurance Group in less than a year