X-Nico

2 unusual facts about Federal Deposit Insurance Corporation


Bülent Şenver

In order to develop an off-site banking surveillance and an early warning system to be used by the Central Bank of the Turkey, he made studies at Bank of England, Banque de France and Federal Deposit Insurance Corporation (USA).

FDIC Enterprise Architecture Framework

FDIC Enterprise Architecture Framework is the Enterprise Architecture framework of the United States Federal Deposit Insurance Corporation (FDIC).


Business Risk Mitigation and Price Stabilization Act of 2013

In addition, other financial regulators, including the Federal Reserve System, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC) among others, are also developing margin requirements that would apply to the entities they regulate.

Consumer Financial Protection Bureau

On July 21, Senator Richard Shelby wrote an op‑ed article for the Wall Street Journal affirming continued opposition to a centralized structure, noting that both the Securities Exchange Commission and Federal Deposit Insurance Corporation had executive boards and that the CFPB should be no different.

Federal Housing Finance Board

As a result of the late-2000s recession, section 312 of the Dodd-Frank Wall Street Reform and Consumer Protection Act mandated merger of OTS with the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board of Governors, and the Consumer Financial Protection Bureau (CFPB) as of July 21, 2011.

First Citizens Bank of South Carolina

On July 23, 2010, First Citizens took over the operations and five branches of Kingstree, South Carolina-based Williamsburg First National Bank from the Federal Deposit Insurance Corporation.

James J. Saxon

Mindful of congressional cries that gangsters may still be buying up banks to sanitize their hot money, Joseph W. Barr, chairman of the Federal Deposit Insurance Corporation, announced that he set up a unit to help the Justice Department weed out criminals in banking.

Richard Kovacevich

Kovacevich believes that Federal Deposit Insurance Corporation insurance should be privatized, and that Fannie Mae and Freddie Mac should have no government backing in the event of a failure (quite the opposite of the course actually pursued by the United States Congress and the White House when the two lenders became insolvent in September 2008).

United States House Financial Services Subcommittee on Financial Institutions and Consumer Credit

The subcommittee oversees all financial regulators, such as the Federal Deposit Insurance Corporation and the Federal Reserve, all matters pertaining to consumer credit including the Consumer Credit Protection Act and access to financial services, as well as the safety and soundness of the banking system.

United States Senate Appropriations Subcommittee on Financial Services and General Government

The most diverse subcommittee, it also oversees funding for the Executive Office of the President and the Office of Management and Budget as well as various independent federal agencies, including the Federal Deposit Insurance Corporation, the Federal Communications Commission, the Federal Election Commission, the National Archives and Records Administration, and Office of National Drug Control Policy.

United States Senate Banking Subcommittee on Financial Institutions and Consumer Protection

It also oversees the Federal Home Loan Bank System, regulatory activities of the Federal Reserve System, the Office of the Comptroller of the Currency and the Office of Thrift Supervision within the Treasury Department, the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration

Valley National Bank of Arizona

Within a year after coming to Arizona, Valley Bank was the first in Arizona to become a member of the Federal Deposit Insurance Corporation, and it was one of the first to provide government-guaranteed home loans; in 1936, one Miami, Arizona furniture company credited the government's FHA programs and Valley National Bank for a 60% increase in business.


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