Federal Deposit Insurance Corporation (FDIC)

GPTKB entity

Statements (53)
Predicate Object
gptkbp:instanceOf gptkb:government_agency
gptkbp:abbreviation gptkb:FDIC
gptkbp:annualReport published annually
gptkbp:boardMemberOf 5
gptkbp:chairman gptkb:Martin_J._Gruenberg
gptkbp:country gptkb:United_States
gptkbp:createdBy gptkb:Banking_Act_of_1933
gptkbp:doesNotInsure bonds
mutual funds
stocks
securities
safe deposit boxes
life insurance policies
gptkbp:established 1933
gptkbp:firstChampion gptkb:Walter_J._Cummings
gptkbp:fundedBy premiums paid by member banks
gptkbp:governingBody gptkb:Board_of_Trustees
gptkbp:headquarters gptkb:Washington,_D.C.
https://www.w3.org/2000/01/rdf-schema#label Federal Deposit Insurance Corporation (FDIC)
gptkbp:independentAgency true
gptkbp:insuredBy checking accounts
savings accounts
certificates of deposit (CDs)
money market deposit accounts
gptkbp:insuresDepositsUpTo $250,000 per depositor per insured bank
gptkbp:jurisdiction gptkb:United_States
gptkbp:logo FDIC logo
gptkbp:mission maintain stability and public confidence in the nation's financial system
gptkbp:notFundedBy taxpayer money
gptkbp:numberOfEmployees approximately 5,800
gptkbp:oversees community banks
national banks (in some cases)
over 5,000 banks
regional banks
gptkbp:parentOrganization gptkb:United_States_federal_government
gptkbp:provides resolution of failed banks
gptkbp:regulates state-chartered banks not members of the Federal Reserve System
savings associations
insured branches of foreign banks in the U.S.
industrial loan companies
insured state-licensed branches of foreign banks
state nonmember banks
state savings banks
state-chartered thrifts
state-licensed insured banks
state-licensed insured savings associations
gptkbp:responsibleFor bank regulation
bank supervision
deposit insurance
gptkbp:website https://www.fdic.gov/
gptkbp:bfsParent gptkb:Savings_and_Loan_Association
gptkb:New_York_Community_Bancorp
gptkbp:bfsLayer 7