Search for: "Federal Deposit Insurance Company"
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20 Jul 2012, 1:21 pm
Second Federal Savings and Loan Association of Chicago, Chicago, Illinois, was closed today by the Office of the Comptroller of the Currency (OCC), which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. [read post]
21 May 2011, 6:18 pm
To protect depositors, the Federal Deposit Insurance Corporation (FDIC) entered into purchase and assumption agreements with CertusBank, N.A. [read post]
16 Oct 2023, 1:20 pm
While Voyager’s bank partner was FDIC-insured, FDIC deposit insurance protects deposits only in the event of the insured institution’s failure, not the failure of a non-bank partner in the event of that company’s failure. [read post]
9 Oct 2017, 12:08 pm
” The bill’s provisions would apply to a national bank, federal savings association, state Federal Reserve member bank, insured depository institution, foreign bank, or federal branch or agency of a foreign bank if such entity is “affiliated with a global systematically important bank holding company. [read post]
27 Mar 2009, 4:44 am
Geithner's comments also included is remark that,"I think there is a good case for introducing an optional federal charter for insurance companies. [read post]
15 Mar 2022, 9:05 am
Although revocable trusts are the centerpiece for many estate plans, many clients are confused by what amount of their deposit accounts are insured by the Federal Deposit Insurance Company. [read post]
29 Oct 2021, 5:34 am
Notably, the OCC had never granted federal charter as a SPNB. [read post]
13 Feb 2019, 1:07 pm
The regulators are the Farm Credit Administration, Federal Deposit Insurance Corporation, Federal Reserve Board, National Credit Union Administration, and Comptroller of the Currency. [read post]
7 Sep 2023, 3:00 am
Another case in point is a deposition I recently took from a State Farm property claims manager. [read post]
22 Sep 2007, 9:45 am
The FDIC has reported its second quarter financial results for the Deposit Insurance Fund. [read post]
7 Jun 2016, 5:00 am
In this matter, the Plaintiff filed suit against her own automobile insurance company for UIM benefits and included a bad faith claim with respect to the negotiations on the UIM claim. [read post]
24 Jan 2013, 6:29 am
Lowder sold health, disability, and life insurance at his company, Lowder Insurance and Ash Brokerage; he also sold other annuity investment products to clients, according to news reports. [read post]
7 Feb 2014, 11:14 am
The person intentionally breaks down cash into a series of smaller deposits so the deposits fly under the radar of deposit amounts that the bank must report to the federal government. [read post]
9 Jan 2017, 1:01 pm
The Federal Deposit Insurance Company has accused Bank of America of pulling the wool over regulators’ eyes in calculating a quarterly measure of complexity, saving the bank at least $1 billion in insurance payments since 2011. [read post]
23 May 2023, 9:05 pm
Congress created the Federal Deposit Insurance Corporation (FDIC) during the Great Depression to stop the rolling banking panic by guaranteeing bank deposits. [read post]
13 Mar 2023, 6:43 am
Defenders of this decision will try to make it seem as if it’s an extraordinary, one-off decision by regulators, but in practice, it has created a huge moral hazard by signaling that the $250,000 FDIC limit on deposit insurance does not exist in practice.... [read post]
22 Mar 2011, 9:12 am
If an insurance company were to fail, the beneficiaries would be creditors of the company, with no federal FDIC guarantee that they could recover the funds. [read post]
9 May 2011, 12:42 pm
-based Indian Harbor Insurance Company in a coverage dispute with one of Indian Harbor’s former clients. [read post]
22 Nov 2011, 12:30 pm
Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported an aggregate profit of $35.3 billion in the third quarter of 2011, an $11.5 billion improvement from the $23.8 billion in net income the industry reported in the third quarter of 2010. [read post]
5 Mar 2021, 9:20 am
On February 24, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation (FDIC) published a final rule in the Federal Register implementing the net stable funding ratio. [read post]
