Federal Deposit Insurance Corporation

GPTKB entity

Statements (50)
Predicate Object
gptkbp:instanceOf gptkb:government_agency
gptkbp:abbreviation gptkb:FDIC
gptkbp:administers over 5,000 banks
gptkbp:authority gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act
gptkb:Gramm-Leach-Bliley_Act
gptkb:Financial_Institutions_Reform,_Recovery,_and_Enforcement_Act_of_1989
gptkb:Federal_Deposit_Insurance_Act
gptkb:Bank_Holding_Company_Act
act as receiver for failed banks
close failed banks
gptkbp:chairman gptkb:Martin_J._Gruenberg
gptkbp:country gptkb:United_States
gptkbp:created gptkb:Banking_Act_of_1933
gptkbp:director 5 members
gptkbp:employs over 5,000 people
gptkbp:established 1933
gptkbp:fundedBy taxpayer money
premiums paid by member banks
gptkbp:has_field_offices_in various U.S. cities
gptkbp:has_inspector_general gptkb:FDIC_Office_of_Inspector_General
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:located_in_administrative_territorial_entity gptkb:Atlanta
gptkb:Chicago
gptkb:Dallas
gptkb:Kansas_City
gptkb:New_York
gptkb:San_Francisco
gptkbp:logo FDIC official seal
gptkbp:mission to maintain stability and public confidence in the nation's financial system
gptkbp:organization gptkb:government_agency
gptkbp:oversees gptkb:Deposit_Insurance_Fund
gptkbp:parent_organization gptkb:United_States_federal_government
gptkbp:provides consumer protection
financial education
gptkbp:regulates regional banks
community banks
savings associations
national banks (in some cases)
state-chartered banks not members of the Federal Reserve System
gptkbp:reportsTo gptkb:United_States_Congress
gptkbp:responsible_for bank supervision
deposit insurance
resolution of failed banks
bank regulation
gptkbp:website https://www.fdic.gov/
gptkbp:bfsParent gptkb:Franklin_D._Roosevelt
gptkbp:bfsLayer 2