The Federal Deposit Insurance Corporation which provides deposit insurance to all banks and thrifts is also responsible for resolving banking problems quickly and efficiently. ... FDIC coverage is extended to all banks that are part of the Federal Reserve System. State banks and community banks that are not members of the Federal Reserve System also have the option of purchasing FDIC coverage. ... The Federal Deposit Insurance Corporation Improvement Act of 1991 instructed the FDIC to establish risk based premiums. ... The law currently prevents the FDIC from risk-based pricing effectively...

• Word Count: 1737
• Approx Pages: 7
• Grade Level: Undergraduate

When small banks were nearly bankrupt, the Federal Reserve thought that it was not necessary to save them. ... The Emergency Banking Act provides federal loans to banks under treasury supervision. ... " Glass-Steagall Act also creates The Federal Deposit Insurance Corporation (FDIC), which insures deposits to stop the risk of bank-runs. ... For instances, The Federal Deposit Insurance Corporation has the authority to seize failing traditional banks. ... However, Alan Greenspan, Chairman of the Federal Reserve of the United States from 1987 to 2006, opposed this idea by stated that rais...

• Word Count: 2282
• Approx Pages: 9

Bank [Bangk] noun (plural banks) (1) An organization, normally a corporation, chartered by the state or federal government, the principal functions of which are: • To receive demand deposits and pay customers' checks drawn against them. ... Credit Limit [ Kréddit limmit] Amount established with or without agreement of customer, to which credit purchases may be authorized by the federal reserve board. ...

• Word Count: 1617
• Approx Pages: 6
• Has Bibliography
• Grade Level: High School

The financial analysis of the bank is a descriptive analysis of the financial performance of the bank that helps to evaluate the performance of the given entity. The banks financial statements are a different type of problem when compared to the other manufacturing companies. It requires therefore a...

• Word Count: 1429
• Approx Pages: 6
• Has Bibliography