Similar words: an apple of discord, dice, DICT, dick, edict, nordic, medic, acidic. Meaning: n. a federally sponsored corporation that insures accounts in national banks and other qualified institutions.
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1. Citizens Bank is a Member FDIC.
2. In addition, the plan counts on the Federal Deposit Insurance Corp. (FDIC), an independent agency of the government that backs bank deposits.
3. So the FDIC will start sending checks to bank customers for insured funds on Monday.
4. FDIC Chairwoman Sheila Bair says this will be a seamless transition for the bank's customers.
5. The FDIC is clearly bracing for a flood of failures, and has revised upward the expected cost to its deposit insurance fund over the next three years.
6. To protect insured depositors, the FDIC responds immediately when a bank or thrift institution fails.
7. The FDIC is a United States government corporation created by the Glass-Steagall Act of 1933, following the Great Depression.
8. In addition, the FDIC and First Southern Bank agreed to share losses on $127.3 million of Haven Trust Bank Florida's loans and other assets.
9. The FDIC also had $ 28.5 bn set aside for future bank failures.
10. The FDIC said the necessary to'avoid serious adverse on economic conditions and financial stability.
11. John Dugan, a former comptroller of the currency, played the role of chairman of the Federal Deposit Insurance Corporation (FDIC) and said resolution actually made four options possible.
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12. In addition, the FDIC is the back-up supervisor for the remaining insured banks and thrift institutions.
13. However, the FDIC does not believe that it is practicable for a nonmember bank to conduct a large- scale information request from all its existing customers.
14. The FDIC insures up to $250, 000 per account through 2009 and individual retirement accounts at insured banks.
15. We're working with the Federal Reserve and FDIC, and credit is beginning to move.
16. That would force the FDIC to go cap - in - hand to the Treasury.
17. The FDIC recognizes that insured nonmember banks vary considerably in the way in which they conduct their business on a day-to-day basis.
18. FDIC Chairwoman ITila Bair says the will be a seamless transition for the bank's customers.
19. Possibly far more than the FDIC is letting on (sentencedict.com), reckons Joseph Mason of Louisiana State University.
20. The FDIC recognizes that a Know Your Customer requirement will impose additional burdens on some insured nonmember banks.
21. The FDIC classified 171 banks as "problem" in the third quarter, a 46 percent jump from the previous period amid the worst housing crisis since the Great Depression.
22. The FDIC will conduct an analysis to determine amount of funding it is willing to guarantee.
23. The FDIC last month approved a budget for the coming year that almost doubles spending to $2.2 billion from 2008 to hire staff for handling bank closures.
24. Citi, BofA and Wells declined to comment on whether they would issue more FDIC - backed debt.
25. This has pushed the fund's holdings below a trigger point that requires the FDIC to craft a "restoration" plan within 90 days.
26. The Fed's willing accomplice was the United States Treasury and the FDIC, extending not only $350 billion of TARP money but literally guaranteeing three quarters of the liabilities of U.S. banks.
27. At the same time, the Federal Deposit Insurance Corporation ( FDIC ) may also join.
28. IndyMac's recent collapse is the latest call on the Federal Deposit Insurance Corporation ( FDIC ).
29. There are 416 institutions on the problem list of the Federal Deposit Insurance Corporation ( FDIC ).