federal deposit insurance

In case you haven’t heard, three credit unions got into a bit of trouble last week. Well, not “a bit,” really.

They had to be bailed out by the National Credit Union Administration, which is to credit unions what the Federal Deposit Insurance Corporation, or FDIC, is to banks.

In November 2009, Senate Banking Committee Chairman Christopher Dodd advanced a radical proposal: to create a super-regulator that would take over most of the bank supervision that had been done by the Federal Reserve System, the Federal Deposit Insurance Corp.

Each quarter, the Federal Deposit Insurance Corporation releases the number of banks it feels might need to be bailed out by the government.

This is a look at the number of problem banks on the FDIC list for the first quarter of the last 10 years, along with the total assets controlled by those banks.

The Federal Deposit Insurance Corp. on Tuesday proposed changes to the way it determines how much it charges big banks to insure their deposits, with the aim of having large, higher-risk institutions pay bigger premiums.

Washington Mutual Inc. has filed a Chapter 11 reorganization plan, two weeks after resolving a $4 billion dispute with JPMorgan Chase & Co. and the Federal Deposit Insurance Corp.

The head of the Federal Deposit Insurance Corp. says loopholes need to be filled in new Senate legislation to ensure an end to the disastrous "too-big-to-fail" approach that brought the government rushing in to bail out big banks in the financial crisis.

Three U.S. banks were shuttered on Friday night by state regulators, bringing the total number of bank failures this year to four, the Federal Deposit Insurance Corporation said.

The Federal Deposit Insurance Corp. said Tuesday its 2010 budget will jump to $4 billion from $2.6 billion this year, and announced plans to hire more than 1,600 mostly temporary employees as it continues to grapple with a rising number of bank failures.

How's this for irony? The Federal Deposit Insurance Corporation, which comes into play when a bank fails and insures the funds of the customers of said bank, may be requesting its own bailout, from banks.

Bank regulators will meet at the end of the month to explore options to replenish the dwindling fund that safeguards bank deposits, the chairman of the Federal Deposit Insurance Corp said.