Loss Exposure and the Federal Deposit Insurance Corporation

Getter, Darryl E.

Library of Congress. Congressional Research Service.

关键词: Finance;    Government corporations;    Banks and banking;    Deposit insurance;   

RP-ID  :  R41226
RP-ID  :  R41226_2010May24

美国|英语

来源: UNT Digital Library

【 摘 要 】

The Federal Deposit Insurance Corporation (FDIC) was established as an independent government corporation under the authority of the Banking Act of 1933, also known as the Glass- Steagall Act (P.L. 73-66, 48 Stat. 162, 12 U.S.C.), to insure bank deposits. The FDIC is funded through insurance assessments collected from its member depository institutions and held in what is now known as the Deposit Insurance Fund (DIF). This report begins with an overview of the FDIC, followed by an explanation of the loss exposure and total risk to the DIF. Next, the report discusses issues regarding the setting of deposit insurance premiums and presents changes to the assessment system proposed by the FDIC to address some of the issues. Finally, recent efforts proposed by Congress to support the DIF are discussed.