Deposit insurance

(redirected from FDIC Deposit Insurance)

Deposit insurance

See: FDIC: Federal Deposit Insurance Corporation

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 ?

FDIC deposit insurance is backed by the full faith and credit of the U.

StoneCastle Cash Management, LLC Reports Record Asset and Account Levels

First, we review the DD model and show how FDIC deposit insurance differs from the model in several key respects.

The explicit costs of government deposit insurance

US calls for increasing FDIC deposit insurance fund

7%) higher, primarily due to increased FDIC deposit insurance premiums.

FDIC-insured banks and savings institutions reported an aggregate net loss of $3.7 billion in the second quarter of 2009, an $8.5 billion negative swing from the $4.8 billion profit insured institutions earned in the second quarter of 2008

The five failures will cost the FDIC deposit insurance fund an estimated $401.

Five banks closed by US regulators

Passage of this new legislation in general, and the Congressional action increasing the FDIC deposit insurance limits in particular, should help restore U.

Special Report: The Behavioral Economy; Latest: U.S. Financial Rescue Plan Wins Slim Public Support

11] Neither of these conditions is met in the current configuration of BIF and SAIF; so it is unlikely that any competitive benefits now offset the costs of maintaining two separate FDIC deposit insurance funds.

Two Deposit Insurance Funds Are Not Necessarily Better than One

It said only 46 percent of customers were told on the phone that Wall Street investments lacked FDIC deposit insurance.

STUDY FINDS BANKS FAILING TO DETAIL INVESTMENT RISKS

The service includes dollar-for-dollar escrow insurance with no upper limit, eliminating the need to maintain escrow accounts at more than one bank due to limited FDIC deposit insurance.

New service gives downpayment insurance

More information about the TAG program and FDIC deposit insurance coverage may be found at the FDIC's website www.

The Private Bank of California Continues Participation in FDIC's Transaction Account Guarantee Program

This type of FDIC deposit insurance is the same protection the FDIC offers for checking and other bank accounts.

FXDD Reaches Agreement with U.S. Bank to Extend FDIC Insurance to Clients

The quarterly earnings during the quarter were impacted by a previously announced special FDIC deposit insurance assessment applicable to all insured depository institutions, which reduced Trustmark's net income by USD2.