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FDIC

FDIC

  1. First Ban adding second Evansville branch
    Courier Press logo Courier Press 13 hours ago

    Now, it’s gearing to open a second Evansville branch in the former Integra Bank branch at 111 S. Red Bank Road on the West Side. The Integra branch closed Dec. 9 as part of the FDIC’s shut down of all Integra operations. First Bank has acquired the Red...

  2. FDIC Appointed Receiver for SCB Bank
    PR Newswire logo PR Newswire 14 hours ago

    Ind. , Feb. 14, 2012 /PRNewswire/ -- Blue River Bancshares, Inc. The FDIC has facilitated the transfer of substantially all of the assets and deposits of the Bank to First Merchants Bank, National Association, of Muncie, Indiana. The management team of...

  3. AP Photo logo AP Photo 2 months ago
    Acting Chairman of the FDIC Martin Gruenberg testifies on Capitol Hill in Washington, Tuesday, Dec. 6, 2011, before the Senate Banking Committee hearing on the implementation of the Wall Street reform act.

    Acting Chairman of the FDIC Martin Gruenberg testifies on Capitol Hill in Washington, Tuesday, Dec. 6, 2011, before the Senate Banking Committee hearing on the implementation of the Wall Street reform act. View Photo »

  4. Both the FDIC and the institutions being tested will benefit from the forward-looking results that the stress tests will provide
    SOURCE: Wall Street Journal 4 weeks ago
  5. Sturgis Bancorp Reports Earnings for 2011
    Street Insider 15 hours ago

    ...986 2,191 Loans, net of allowance of $5,875 and $6,691 252,001 261,416 Premises and equipment, net 7,855 7,739 Goodwill 5,109 5,109 Originated mortgage servicing rights 1,279 1,381 Real estate owned 2,082 1,730 Bank-owned life insurance 8,976 8,696 Accrued...

  6. How Families Can Get $3.5M in FDIC Coverage
    Smartmoney.com logo Smartmoney.com 19 hours ago

    That's $1.5 million. The husband opens a revocable trust with his wife as beneficiary, worth $250,000. He gets the earnings on the money while he's alive, she gets the money when he dies and he can alter the terms of the trust in the future. The trust...

  7. Online Payments Startup WePay Grows Revenue By Ten-Fold In 2011; Will Launch Mobile Apps This Year
    TechCrunch logo TechCrunch 1 day ago

    In case you aren’t familiar, WePay is a Y Combinator backed startup that launched in 2009 to take the hassle out of group paying. Unlike some of its competitors, the service was able to dead simple way to collect, manage and spend money for groups. On...

  8. AP Photo logo AP Photo 2 months ago
    From left, Deputy Treasury Secretary Neil Wolin, Federal Reserve Governor Daniel Tarullo, SEC Chair Mary Schapiro, Commodities Futures Trading Commission (CFTC) Chairman Gary Gensler, acting FDIC Chairman Martin Gruenberg, and acting Comptroller of the Currency...

    From left, Deputy Treasury Secretary Neil Wolin, Federal Reserve Governor Daniel Tarullo, SEC Chair Mary Schapiro, Commodities Futures Trading Commission (CFTC) Chairman Gary Gensler, acting FDIC Chairman Martin Gruenberg, and acting Comptroller of the Currency... View Photo »

  9. simply purchased the loans from the FDIC after they were transferred to the FDIC by operation of law.
    SOURCE: Mount Clemens Macomb Daily 4 weeks ago
  10. FDIC Money Smart: Train the Trainer
    YouTube Logo YouTube Videos 12 months ago
  11. Bank failures in Ill, Ind bring 2012 total to 9
    Sify logo Sify 1 day ago

    Regulators shuttered 16 in Illinois last year. In all of 2010, regulators seized 157 banks, the most in any year since the savings and loan crisis two decades ago. Those failures cost around $23 billion. The FDIC has said 2010 likely was the high-water...

  12. New Partnership Shows Growth Trend in FDIC Insured Cash Management Space
    Business Wire logo Business Wire 1 day ago

    Island IP’s patent portfolio, related software, technology and know-how are being licensed by and are the core of some of the nation’s leading and most well-respected cash-management providers. Examples of Island IP solutions that are being used today...

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About FDIC

Wikipedia

The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation created by the Glass-Steagall Act of 1933. It provides deposit insurance, which guarantees the safety of checking and savings deposits in member banks, currently up to $250,000 per depositor per bank. Insured deposits are backed by the full faith and... Full Article

Related Photos

Former FDIC official John Lane was named a Special Adviser by Promontory Financial Group, a leading financial consulting firm.
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  1. Former FDIC official John Lane was named a Special Adviser by Promontory Financial Group, a leading financial consulting firm. AP Photo logo AP Photo 7 months ago

    Former FDIC official John Lane was named a Special Adviser by Promontory Financial Group, a leading financial consulting firm.

    View Photo »
  2. WASHINGTON - JUNE 30: Outgoing Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair testifies during a hearing before the Senate Banking, Housing and Urban Affairs Committee June 30, 2011 on Capitol Hill in Washington, DC. Bair warned Republican senators against raising... Getty Images logo Getty Images 7 months ago

    WASHINGTON - JUNE 30: Outgoing Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair testifies during a hearing before the Senate Banking, Housing and Urban Affairs Committee June 30, 2011 on Capitol Hill in Washington, DC. Bair warned Republican senators against raising...

    View Photo »
  3. Outgoing Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair testifies on Capitol Hill in Washington, Thursday, June 30, 2011, before the Senate Banking Committee hearing on the condition of the FDIC. AP Photo logo AP Photo 7 months ago

    Outgoing Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair testifies on Capitol Hill in Washington, Thursday, June 30, 2011, before the Senate Banking Committee hearing on the condition of the FDIC.

    View Photo »
  4. FDIC Chairman Sheila Bair prepares to testify before the House Oversight and Government Reform TARP, Financial Services, and the Bailout of Public and Private Programs Subcommittee hearing on Capitol Hill in Washington June 22, 2011. Reuters Pictures logo Reuters Pictures 7 months ago

    FDIC Chairman Sheila Bair prepares to testify before the House Oversight and Government Reform TARP, Financial Services, and the Bailout of Public and Private Programs Subcommittee hearing on Capitol Hill in Washington June 22, 2011.

    View Photo »
  5. From left, Deputy Treasury Secretary Neil Wolin, Federal Reserve Governor Daniel Tarullo, SEC Chair Mary Schapiro, Commodities Futures Trading Commission (CFTC) Chairman Gary Gensler, acting FDIC Chairman Martin Gruenberg, and acting Comptroller of the Currency John Walsh testify on Capitol... AP Photo logo AP Photo 2 months ago

    From left, Deputy Treasury Secretary Neil Wolin, Federal Reserve Governor Daniel Tarullo, SEC Chair Mary Schapiro, Commodities Futures Trading Commission (CFTC) Chairman Gary Gensler, acting FDIC Chairman Martin Gruenberg, and acting Comptroller of the Currency John Walsh testify on Capitol...

    View Photo »
  6. Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair testifies on Capitol Hill in Washington, Thursday, May 26, 2011, before the House Financial Institutions and Consumer Credit subcommittee hearing on oversight of the FDIC. AP Photo logo AP Photo 8 months ago

    Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair testifies on Capitol Hill in Washington, Thursday, May 26, 2011, before the House Financial Institutions and Consumer Credit subcommittee hearing on oversight of the FDIC.

    View Photo »
  7. Federal Reserve Chairman Ben Bernanke, left, and outgoing FDIC Chair Sheila Bair, prepare to testify on Capitol Hill in Washington, Thursday, May 12, 2011, before a Senate Banking Committee hearing on the status the Dodd-Frank implementation. AP Photo logo AP Photo 9 months ago

    Federal Reserve Chairman Ben Bernanke, left, and outgoing FDIC Chair Sheila Bair, prepare to testify on Capitol Hill in Washington, Thursday, May 12, 2011, before a Senate Banking Committee hearing on the status the Dodd-Frank implementation.

    View Photo »
  8. Outgoing FDIC Chair Sheila Bair testifies on Capitol Hill in Washington on Thursday, May 12, 2011, before a Senate Banking Committee hearing on the status the Dodd-Frank implementation. AP Photo logo AP Photo 9 months ago

    Outgoing FDIC Chair Sheila Bair testifies on Capitol Hill in Washington on Thursday, May 12, 2011, before a Senate Banking Committee hearing on the status the Dodd-Frank implementation.

    View Photo »
  9. Martin Gruenberg, acting chairman of the Federal Deposit Insurance Corporation (FDIC), speaks in the boardroom of FDIC headquarters in Washington August 23, 2011. Reuters Pictures logo Reuters Pictures 5 months ago

    Martin Gruenberg, acting chairman of the Federal Deposit Insurance Corporation (FDIC), speaks in the boardroom of FDIC headquarters in Washington August 23, 2011.

    View Photo »
  10. Martin Gruenberg, acting chairman of the Federal Deposit Insurance Corporation (FDIC), leaves after a briefing about the bank and thrift industry earnings for the second quarter 2011 at FDIC headquarters in Washington August 23, 2011. Reuters Pictures logo Reuters Pictures 5 months ago

    Martin Gruenberg, acting chairman of the Federal Deposit Insurance Corporation (FDIC), leaves after a briefing about the bank and thrift industry earnings for the second quarter 2011 at FDIC headquarters in Washington August 23, 2011.

    View Photo »
  11. Martin Gruenberg, acting chairman of the Federal Deposit Insurance Corporation (FDIC), speaks at a briefing about the bank and thrift industry earnings for the second quarter of 2011 at the FDIC headquarters in Washington August 23, 2011. The FDIC is comfortable with the overall amount... Reuters Pictures logo Reuters Pictures 5 months ago

    Martin Gruenberg, acting chairman of the Federal Deposit Insurance Corporation (FDIC), speaks at a briefing about the bank and thrift industry earnings for the second quarter of 2011 at the FDIC headquarters in Washington August 23, 2011. The FDIC is comfortable with the overall amount...

    View Photo »
  12. Federal Deposit Insurance Corp (FDIC) Chairman Sheila Bair announces the bank and thrift industry earnings for the fourth quarter 2010, at the FDIC in Washington, February 23, 2011. The banking industry continues to recover from the 2007-2009 financial crisis but lending will need to... Reuters Pictures logo Reuters Pictures 11 months ago

    Federal Deposit Insurance Corp (FDIC) Chairman Sheila Bair announces the bank and thrift industry earnings for the fourth quarter 2010, at the FDIC in Washington, February 23, 2011. The banking industry continues to recover from the 2007-2009 financial crisis but lending will need to...

    View Photo »
  13. WASHINGTON - JUNE 30: Committee ranking member Sen. Richard Shelby (R-AL) (R) speaks as Chairman Sen. Tim Johnson (D-SD) (L) and Outgoing Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair (C) listen during a hearing before the Senate Banking, Housing and Urban Affairs... Getty Images logo Getty Images 7 months ago

    WASHINGTON - JUNE 30: Committee ranking member Sen. Richard Shelby (R-AL) (R) speaks as Chairman Sen. Tim Johnson (D-SD) (L) and Outgoing Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair (C) listen during a hearing before the Senate Banking, Housing and Urban Affairs...

    View Photo »
  14. Three bank-owned houses are pictured in North Las Vegas on November 13, 2011. The a housing project by North Las Vegas Housing Authority stared in 2004 but the entire subdivision, which includes about a dozen finished houses that were never lived in, has since fallen into foreclosure... Getty Images logo Getty Images 3 months ago

    Three bank-owned houses are pictured in North Las Vegas on November 13, 2011. The a housing project by North Las Vegas Housing Authority stared in 2004 but the entire subdivision, which includes about a dozen finished houses that were never lived in, has since fallen into foreclosure...

    View Photo »
  15. Federal Deposit Insurance Corporation Chairman Sheila Bair responds to a question during her last scheduled news briefing at FDIC headquarters in Washington May 24, 2011. U.S. bank earnings reached their highest level in the first quarter since the start of the financial crisis, but the... Reuters Pictures logo Reuters Pictures 8 months ago

    Federal Deposit Insurance Corporation Chairman Sheila Bair responds to a question during her last scheduled news briefing at FDIC headquarters in Washington May 24, 2011. U.S. bank earnings reached their highest level in the first quarter since the start of the financial crisis, but the...

    View Photo »
  16. Federal Deposit Insurance Corporation Chairman Sheila Bair listens to a question during her last scheduled news briefing at FDIC headquarters in Washington, May 24, 2011. Reuters Pictures logo Reuters Pictures 8 months ago

    Federal Deposit Insurance Corporation Chairman Sheila Bair listens to a question during her last scheduled news briefing at FDIC headquarters in Washington, May 24, 2011.

    View Photo »
  17. An aide brings water to Federal Deposit Insurance Corporation Chairman Sheila Bair (R) as she holds her last scheduled news briefing at FDIC headquarters in Washington May 24, 2011. Reuters Pictures logo Reuters Pictures 8 months ago

    An aide brings water to Federal Deposit Insurance Corporation Chairman Sheila Bair (R) as she holds her last scheduled news briefing at FDIC headquarters in Washington May 24, 2011.

    View Photo »
  18. U.S. Federal Deposit Insurance Corporation Chairman Sheila Bair wraps up her last scheduled news briefing at the FDIC headquarters in Washington May 24, 2011. Reuters Pictures logo Reuters Pictures 8 months ago

    U.S. Federal Deposit Insurance Corporation Chairman Sheila Bair wraps up her last scheduled news briefing at the FDIC headquarters in Washington May 24, 2011.

    View Photo »
  19. WASHINGTON, DC - FEBRUARY 23: (L-R) Federal Deposit Insurance Corporation Associate Senior Banking Analyst Ross Waldrop, Chief Economist Richard Brown and Associate Director for Large Bank Supervision John Corston hold a news conference at the FDIC February 23, 2011 in Washington, DC. ... Getty Images logo Getty Images 11 months ago

    WASHINGTON, DC - FEBRUARY 23: (L-R) Federal Deposit Insurance Corporation Associate Senior Banking Analyst Ross Waldrop, Chief Economist Richard Brown and Associate Director for Large Bank Supervision John Corston hold a news conference at the FDIC February 23, 2011 in Washington, DC. ...

    View Photo »
  20. WASHINGTON, DC - FEBRUARY 23: (L-R) Federal Deposit Insurance Corporation Associate Senior Banking Analyst Ross Waldrop, Chief Economist Richard Brown, Associate Director for Large Bank Supervision John Corston and Associate Director for Financial Risk Management Diane Ellis hold a... Getty Images logo Getty Images 11 months ago

    WASHINGTON, DC - FEBRUARY 23: (L-R) Federal Deposit Insurance Corporation Associate Senior Banking Analyst Ross Waldrop, Chief Economist Richard Brown, Associate Director for Large Bank Supervision John Corston and Associate Director for Financial Risk Management Diane Ellis hold a...

    View Photo »
  21. WASHINGTON, DC - FEBRUARY 23: Federal Deposit Insurance Corporation Chairman Sheila Bair walks through a projector's light beam after holding a news conference at the FDIC February 23, 2011 in Washington, DC. Bair announced the bank and thrift industry earnings for the fourth quarter... Getty Images logo Getty Images 11 months ago

    WASHINGTON, DC - FEBRUARY 23: Federal Deposit Insurance Corporation Chairman Sheila Bair walks through a projector's light beam after holding a news conference at the FDIC February 23, 2011 in Washington, DC. Bair announced the bank and thrift industry earnings for the fourth quarter...

    View Photo »
  22. WASHINGTON, DC - FEBRUARY 23: Federal Deposit Insurance Corporation Chairman Sheila Bair holds a news conference at the FDIC February 23, 2011 in Washington, DC. Bair announced the bank and thrift industry earnings for the fourth quarter and year-end 2010. Getty Images logo Getty Images 11 months ago

    WASHINGTON, DC - FEBRUARY 23: Federal Deposit Insurance Corporation Chairman Sheila Bair holds a news conference at the FDIC February 23, 2011 in Washington, DC. Bair announced the bank and thrift industry earnings for the fourth quarter and year-end 2010.

    View Photo »
  23. WASHINGTON, DC - JUNE 24: Federal Deposit Insurance Corporation Chairwoman Sheila Bair speaks at the National Press Club Newsmaker Luncheon June 24, 2011 in Washington, DC. Bair, in one of her final appearances as head of the FDIC, spoke and fielded questions regarding both the U.S.... Getty Images logo Getty Images 7 months ago

    WASHINGTON, DC - JUNE 24: Federal Deposit Insurance Corporation Chairwoman Sheila Bair speaks at the National Press Club Newsmaker Luncheon June 24, 2011 in Washington, DC. Bair, in one of her final appearances as head of the FDIC, spoke and fielded questions regarding both the U.S....

    View Photo »
  24. WASHINGTON, DC - MAY 26: The House Financial Services Committee's Financial Institution and Consumer Credit Subcommittee ranking member Rep. Carolyn Maloney (D-NY) (2nd L) arrives late while Chairwoman Shelley Moore Capito (R-WV) delivers her opening statement during a hearing that... Getty Images logo Getty Images 8 months ago

    WASHINGTON, DC - MAY 26: The House Financial Services Committee's Financial Institution and Consumer Credit Subcommittee ranking member Rep. Carolyn Maloney (D-NY) (2nd L) arrives late while Chairwoman Shelley Moore Capito (R-WV) delivers her opening statement during a hearing that...

    View Photo »
  25. WASHINGTON, DC - MAY 26: Federal Deposit Insurance Corporation Chairman Shelia Bair talks with the House Financial Services Committee's Financial Institution and Consumer Credit Subcommittee Chairwoman Shelley Moore Capito (R-WV) before a hearing on Capitol Hill May 26, 2011 in... Getty Images logo Getty Images 8 months ago

    WASHINGTON, DC - MAY 26: Federal Deposit Insurance Corporation Chairman Shelia Bair talks with the House Financial Services Committee's Financial Institution and Consumer Credit Subcommittee Chairwoman Shelley Moore Capito (R-WV) before a hearing on Capitol Hill May 26, 2011 in...

    View Photo »
next
AP Photo logo AP Photo 7 months ago

Former FDIC official John Lane was named a Special Adviser by Promontory Financial Group, a leading financial consulting firm.

View Photo »
View All »

Related Topics

  1. Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation
  2. Federal Reserve Federal Reserve
  3. U.S. Republican Party U.S. Republican Party
  4. Federal Deposit Insurance Corp. Federal Deposit Insurance Corp.
  5. Barack Obama Barack Obama
  6. U.S. Senate U.S. Senate

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Related Videos

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      CNBC : FDIC's Bair on Banks
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Related Quotes

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  1. Both the FDIC and the institutions being tested will benefit from the forward-looking results that the stress tests will provide
    SOURCE: Wall Street Journal 4 weeks ago
  2. simply purchased the loans from the FDIC after they were transferred to the FDIC by operation of law.
    SOURCE: Mount Clemens Macomb Daily 4 weeks ago
  3. believes FDIC’s procedures are causing potentially unnecessary harm to places like Clark County and should be reviewed by Congress
    SOURCE: The Columbian 4 weeks ago
  4. U.S. banks have come a long way from the depths of the financial crisis ... and the industry is generally profitable, but the recovery is by no means complete ... Ongoing distress in real estate markets and slow growth in jobs and incomes continue to pose risks to credit quality. The U.S. economic outlo...
    SOURCE: Buffalo Business First 2 months ago
  5. Banks that cut jobs in the third quarter outnumbered those that added jobs by 605, according to data from the FDIC.
    SOURCE: iStockAnalyst 2 months ago
  6. We continue to closely monitor expenses. Aside FDIC insurance expense and elevated expenses associated with problem loan resolutions our non-interest expense year over year has increased less than 4%.
    SOURCE: iStockAnalyst 2 months ago
  7. Let’s get Governor Brown at the table with Karen Mills, SBA administrator, the FDIC, the California Department of Financial Institutions, the Comptroller of the Currency, the Federal Reserve Bank and bankers to have a frank discussion on how we can increase small business lending in California.
    SOURCE: iStockAnalyst 2 months ago
  8. The FDIC has a long history of stability and safety
    – Sheila Bair SOURCE: The Washington Post 2 months ago
  9. DIF Balance Continues Positive (FDIC Quarterly Banking Profile, November 22, 2011) The condition of the Deposit Insurance Fund (DIF) continues to improve. The DIF increased by $3.9 billion during third quarter 2011 to $7.8 billion (unaudited)
    SOURCE: Zero Hedge 2 months ago
  10. It speaks to account retention, which is so critical on the heels of an acquisition, not to mention a bank that was taken over by the FDIC
    SOURCE: Daytona Beach News-Journal 2 months ago
  11. management remains optimistic more deals are on the horizon and that covered (by FDIC loss-sharing) loans will continue to be the key driver of balance sheet growth in 2012 and possibly 2013
    SOURCE: Minyanville 2 months ago
  12. FDIC insurance on their money
    SOURCE: Renew America 2 months ago
  13. The FDIC is rebuilding reserves as the industry — which is solely responsible for all the agency's expenses — paid about $14 billion in premiums over the last year.
    SOURCE: The Seattle Times 2 months ago
  14. This is NOT an estimate of total residential REO, as it excludes non-FHA government REO (VA, USDA, etc.), credit unions, finance companies, non-FDIC-insured banks and thrifts, and a few other lender categories.
    SOURCE: Calculated Risk 2 months ago
  15. Deposits will continue to be insured by the FDIC so there is no need for customers to change their banking relationship in order to retain their deposit insurance coverage up to applicable limits.
    SOURCE: KCCI Des Moines 2 months ago
  16. the company announced the acquisition of all the banking locations of Panama City, Florida-based Vision Bank for approximately $27.9 million in a deal that is expected to be immediately accretive to EPS. This is the company's first acquisition in 2011 after completing six FDIC-assisted deals in 2011.
    SOURCE: Benzinga.com 2 months ago
  17. The bank is blaming the FDIC regs ... This bank was so bad with loans. I'm lumped in with all the bad loans the bank made.
    SOURCE: 11Alive | Atlanta 2 months ago
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