Federal Deposit Insurance Corporation

URI: https://gptkb.org/entity/Federal_Deposit_Insurance_Corporation

GPTKB entity

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Statements (50)

Predicate	Object
gptkbp:instanceOf	gptkb:government_agency
gptkbp:abbreviation	gptkb:FDIC
gptkbp:authority	act as receiver for failed banks close failed banks
gptkbp:board_of_directors	5 members
gptkbp:chairman	gptkb:Martin_J._Gruenberg
gptkbp:country	gptkb:United_States
gptkbp:createdBy	gptkb:Banking_Act_of_1933
gptkbp:employs	over 5,000 people
gptkbp:established	1933
gptkbp:fundedBy	premiums paid by member banks
gptkbp:has_authority_under	gptkb:Bank_Holding_Company_Act gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act gptkb:Federal_Deposit_Insurance_Act gptkb:Financial_Institutions_Reform,_Recovery,_and_Enforcement_Act_of_1989 gptkb:Gramm-Leach-Bliley_Act
gptkbp:has_field_offices_in	various U.S. cities
gptkbp:has_inspector_general	gptkb:FDIC_Office_of_Inspector_General
gptkbp:has_regional_offices	gptkb:Atlanta gptkb:Chicago gptkb:Dallas gptkb:Kansas_City gptkb:New_York gptkb:San_Francisco
gptkbp:headquarters_location	gptkb:Washington,_D.C.
https://www.w3.org/2000/01/rdf-schema#label	Federal Deposit Insurance Corporation
gptkbp:insures_deposits_up_to	$250,000 per depositor per bank
gptkbp:jurisdiction	gptkb:United_States
gptkbp:logo	FDIC official seal
gptkbp:mission	to maintain stability and public confidence in the nation's financial system
gptkbp:not_funded_by	taxpayer money
gptkbp:organization	gptkb:government_agency
gptkbp:oversees	gptkb:Deposit_Insurance_Fund over 5,000 banks
gptkbp:parentOrganization	gptkb:United_States_federal_government
gptkbp:provides	consumer protection financial education
gptkbp:regulates	community banks national banks (in some cases) regional banks state-chartered banks not members of the Federal Reserve System savings associations
gptkbp:reportsTo	gptkb:United_States_Congress
gptkbp:responsible_for	bank regulation bank supervision deposit insurance resolution of failed banks
gptkbp:website	https://www.fdic.gov/
gptkbp:bfsParent	gptkb:Franklin_D._Roosevelt
gptkbp:bfsLayer	2