FDIC (US)

GPTKB entity

Statements (52)
Predicate Object
gptkbp:instanceOf gptkb:government_agency
gptkbp:abbreviation gptkb:FDIC
gptkbp:actsOn receiver for failed banks
gptkbp:appointsChairman gptkb:President_of_the_United_States
gptkbp:authority gptkb:Federal_Deposit_Insurance_Act
gptkbp:boardMemberOf 5
yes
gptkbp:budget about $2.3 billion (2023)
gptkbp:chairman gptkb:Martin_J._Gruenberg
gptkbp:collaboratesWith gptkb:Consumer_Financial_Protection_Bureau
gptkb:Federal_Reserve
gptkb:National_Credit_Union_Administration
gptkb:Office_of_the_Comptroller_of_the_Currency
State banking regulators
gptkbp:confirmedBy gptkb:United_States_Senate
gptkbp:country gptkb:United_States
gptkbp:createdBy gptkb:Banking_Act_of_1933
gptkbp:established 1933
gptkbp:fullName gptkb:Federal_Deposit_Insurance_Corporation
gptkbp:fundedBy premiums paid by member banks
gptkbp:headquarters gptkb:Washington,_D.C.
https://www.w3.org/2000/01/rdf-schema#label FDIC (US)
gptkbp:insuredBy commercial banks
thrifts
savings banks
gptkbp:insuresDepositsUpTo $250,000 per depositor per insured bank
gptkbp:isIndependentAgency yes
gptkbp:logo FDIC logo
gptkbp:manages gptkb:Deposit_Insurance_Fund
gptkbp:mission maintain stability and public confidence in the nation's financial system
gptkbp:motto Each depositor insured to at least $250,000 per insured bank
gptkbp:notFundedBy taxpayer money
gptkbp:numberOfEmployees about 5,800 (2023)
gptkbp:oversees resolution of failed banks
state-chartered banks not members of the Federal Reserve System
gptkbp:parentOrganization gptkb:United_States_federal_government
gptkbp:partOf U.S. financial regulatory system
gptkbp:provides bank supervision
consumer protection
risk management
resolution planning
asset disposition
gptkbp:regulates savings associations
banks
insured depository institutions
industrial banks
insured branches of foreign banks
state savings associations
gptkbp:responsibleFor deposit insurance
gptkbp:website https://www.fdic.gov/
gptkbp:bfsParent gptkb:Demand_Deposit_Account
gptkbp:bfsLayer 8