Cover of: Merging the deposit insurance funds | United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Financial Institutions and Consumer Credit. Read Online
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Merging the deposit insurance funds hearing before the Subcommittee on Financial Institutions and Consumer Credit of the Committee on Banking and Financial Services, U.S. House of Representatives, One Hundred Sixth Congress, second session, February 16, 2000 by United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Financial Institutions and Consumer Credit.

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Published by U.S. G.P.O., For sale by the U.S. G.P.O., Supt. of Docs., Congressional Sales Office in Washington .
Written in English

Subjects:

  • Bank Insurance Fund,
  • Savings Association Insurance Fund (U.S.),
  • Deposit insurance -- United States

Book details:

The Physical Object
Paginationiii, 193 p. :
Number of Pages193
ID Numbers
Open LibraryOL15480460M
ISBN 100160606713
OCLC/WorldCa44684911

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  Many banks across the country only insure up to $, of a customer’s deposits, through the Federal Deposit Insurance Corp. Banks that belong to the DIF or CCB, all of them Massachusetts. Deposit Insurance Corporation (FDIC). Credit unions that are insured by the NCUSIF must display in their offices the official NCUA insurance sign, which appears on the cover of this booklet. All federal credit unions must be insured by the NCUA, and no credit union may terminate its federal insurance without first notifying its Size: 1MB. Reforming deposit insurance and FDICIA. worth, not book or account net worth, is the. These include merging the deposit insurance funds. The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the National Credit Union Administration, which regulates and insures credit FDIC is a United States government corporation providing deposit insurance to depositors in U.S. commercial banks and savings arters: Washington, D.C.

On April 5, the FDIC issued recommendations for strengthening the deposit insurance system, including merging the Bank Insurance Fund (BIF) and the Savings Association Insurance Fund (SAIF), and adopting a more risk-based system for charging insurance premiums.   Bank Insurance Fund (BIF): A unit of the FDIC that provides insurance protections for banks that are not classified as a savings and loan association. Author: Julia Kagan. ♦ Capping the insurance funds and providing rebates. The ABA could only support a merger of the insurance funds if these elements have been adequately addressed. Insurance Level Should Account for Inflation In our extensive discussions, one issue of particular concern is the current coverage level of $, for deposit insurance.   Deposit Insurance Fund - DIF: A fund that is devoted to insuring the deposits of individuals by the Federal Deposit Insurance Corporation (FDIC). The Deposit Insurance Fund (DIF) is Author: Julia Kagan.

The Public Deposit Insurance Fund (PDIF) was created to protect the public funds of the state and its political subdivisions deposited in approved financial institutions. LIST OF APPROVED DEPOSITORIES (as of 12/01/). Deposit Insurance Questions Following A Bank Merger How can I keep my deposits within FDIC insurance limits? If you have $, or less in all of your deposit accounts at either Stock Yards Bank or THE BANK - Oldham County, you do not need to worry about your insurance coverage — your deposits are fully Size: KB. A merger of the funds could set the stage for a much more immediate reduction of deposit insurance premiums than is now likely. Some bankers have already discussed the possibility of pledging assets to the bank fund that would bring it to the required % reserve level, in return for an immediate reduction in premiums, borrowing a page from. The Uganda Deposit Protection Fund (UDPF) is a Ugandan government agency that provides deposit insurance to depositors in Ugandan banks and deposit-taking microfinance institutions. The UDPF was created in July The law was amended in to create an independent agency, separate from the Bank of executives: Ben Patrick Kagoro, Chairman, .