FDIC Sells Real Estate To Replenish Deposit Insurance Fund

FDIC Sells Real Estate To Replenish Deposit Insurance Fund

The Federal Deposit Insurance Corporation moved forward with plans last Thursday to replenish its Deposit Insurance Fund (DIF), to ensure continued protection of consumers’ deposits.

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Refinancing the FDIC

Refinancing the FDIC

The last year has been particularly challenging for the FDIC. There is still another full month of 2009 to go and the bank closure list has already passed the 120 mark.

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Top Banks to Opt Out of FDIC Extended Insurance

Top Banks to Opt Out of FDIC Extended Insurance

In a move primarily made to project financial stability to bank clients, the nation's top four banks have announced in separate statements that they have decided not to renew their participation in the FDIC's Transaction Account Guarantee (TAG) Program.

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The Federal Reserve Board Finalizes Overdraft “Opt-In” Rules

The Federal Reserve Board Finalizes Overdraft “Opt-In” Rules

The Fed has finally announced the rules that will prohibit banks from charging overdraft fees at ATMs and other debit card transactions without the express consent of the customer to enroll them in the overdraft service.

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FDIC Approves Prepayment Option for Banks

FDIC Approves Prepayment Option for Banks

Some of our regular readers may remember an article we published back in September that mentioned the FDIC's plan for injecting a little more money into their Deposit Insurance Fund (DIF) by making banks prepay three years of their FDIC fees

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FDIC Chairman Sheila Bair Lectures on the The Financial Crisis at Kansas State University

FDIC Chairman Sheila Bair Lectures on the The Financial Crisis at Kansas State University

Chairman Bair made remarks on the financial crisis in a speech to students at Kansas State University

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Is the FDIC Doing All That It Can to Save Banks?

Is the FDIC Doing All That It Can to Save Banks?

This past week the total number of failed banks in 2009 hit 115, with 9 banks failing in a single day on Friday.  

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Keeping a Watchful Eye on FDIC Operations

Keeping a Watchful Eye on FDIC Operations

The FDIC is never long out of the news these days. Its policies and their implementation continue to exercise a powerful influence over the health of American banking.

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FDIC Warns of E-Mail Fraud

FDIC Warns of E-Mail Fraud

The FDIC has issued a warning today concerning the recent wave of fraudulent emails that have been sent to consumers, posing as official statements from the agency in an attempt to gain account information.

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Wall Street “Banks” Need To Be Redefined, Says Chairwoman of FDIC Sheila C. Bair

Wall Street “Banks” Need To Be Redefined, Says Chairwoman of FDIC Sheila C. Bair

If you were ever unclear about the difference between a company like Goldman Sachs and, say, Bank of America, don't worry; so was chairwoman of the FDIC Sheila C. Bair

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