federal deposit insurance corporation

Insurance agency in Indianapolis, United States
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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system.

Frequently asked questions

Q:
Does the Statement of Policy apply to recapitalizations of existing banks? Would it apply if the recapitalized institution acquired a failed insured institution?
A:
Recapitalizations of existing institutions are not subject to the Statement of Policy. Where new Investors have recently recapitalized an institution and the institution seeks to acquire a failing bank,...
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