Federal Deposit Insurance Corporation
News and overview for Federal Deposit Insurance Corporation
First Financial Bancorp Reports Third Quarter 2009 Earnings & Financial Results [Press Release]
PRNewswire | 17 days 5 hours 57 minutes ago
CINCINNATI, Nov. 5 /PRNewswire-FirstCall/ --
North Central Bancshares, Inc. Declares Dividend [Press Release]
PRNewswire | 2 days 7 hours 57 minutes ago
...the holding company for First Federal Savings Bank of Iowa (the...wholly-owned subsidiary, First Federal Savings Bank of Iowa, headquartered...deposits are insured by the Federal Deposit Insurance Corporation. The Company's stock is traded...
Broadway Financial Corporation Reports Third Quarter Net Earnings [Press Release]
Business Wire | 17 days 16 hours 57 minutes ago
Broadway Financial Corporation (the “Company”) (NASDAQ Small-Cap: BYFC), parent company of Broadway Federal Bank, f.s.b. (the “Bank”), today reported third quarter net earnings of $333 thousand, or $0.10 diluted earnings per common share, down $296 thousand, or 47.06%, when compared with net earnings of $629 thousand, or $0.34 diluted earnings per common share, in the third quarter of 2008. The decrease in net earnings was primarily due to a $1.2 million increase in the provision for loan los...
Regions Financial Extends Participation in FDIC Transaction Account Guarantee Program [Press Release]
Business Wire | 20 days 12 hours 12 minutes ago
Regions Financial (NYSE: RF) today announced plans to extend its participation in the Federal Deposit Insurance Corporation’s (FDIC) voluntary Transaction Account Guarantee (TAG) portion of the Temporary Liquidity Guarantee Program through June 30, 2010.
M&T Bank Corporation Announces Third Quarter Profits [Press Release]
PRNewswire | 33 days 17 hours 49 minutes ago
M&T Bank Corporation Announces Third Quarter Profits...FirstCall/ -- M&T Bank Corporation ("M&T") today reported...entered into an agreement with the Federal Deposit Insurance Corporation ("FDIC") to assume all of...
FDIC Real Estate Auction to Offer More Than 100 Properties in Atlanta and North Georgia [Press Release]
Business Wire | 38 days 16 hours 27 minutes ago
J.P. King Auction Company, the nation’s leading real estate auction firm, will manage the Federal Deposit Insurance Corporation’s (FDIC) auction of over 100 foreclosed properties throughout North Georgia and greater Atlanta. The sale will take place on October 27 and October 28, 10 a.m. daily at the Renaissance Waverly Hotel in Atlanta. A variety of assets are available, and many of each property type will sell absolute with no minimums and no reserves through J.P. King’s Asset Auctions Divis...
FiSCA Issues Critique of FDIC Small Dollar Loan Program: Shortcomings Cited in the Report Underscore Challenges Banks Face in Serving Consumers Needing Small Dollar, Short-Term Loans [Press Release]
PRNewswire | 6 days 14 hours 57 minutes ago
HACKENSACK, N.J., Nov. 16 /PRNewswire/ -- The Federal Deposit Insurance Corporation's (FDIC) two-year small dollar loan pilot program is proving to be a failure after one year, according to a recent critique of the program issued by Financial Service Centers of America (FISCA). As reflected in a mid-term report published by the FDIC, titled "The FDIC's Small-Dollar Loan Pilot Program: A Case Study after One Year," banks are unwilling to and cannot serve the small dollar credit needs of milli...
Heritage Financial Announces Third Quarter 2009 Results [Press Release]
PRNewswire | 26 days 16 hours 57 minutes ago
OLYMPIA, Wash., Oct. 27 /PRNewswire-FirstCall/ -- HERITAGE FINANCIAL CORPORATION
Great Southern Bank Extends Participation in FDIC Transaction Account Guarantee Program [Press Release]
PRNewswire | 17 days 6 hours 5 minutes ago
...extend its participation in the Federal Deposit Insurance Corporation's (FDIC) voluntary Transaction...purchasing additional FDIC insurance coverage for its customers...under the FDIC's general deposit insurance rules, which covers balances...
Charter Financial Reports Fiscal 2009 Earnings [Press Release]
PRNewswire | 6 days 13 hours 46 minutes ago
...service community bank and a federal savings institution. Charter Financial Corporation and CharterBank are in a mutual...deposits are insured by the Federal Deposit Insurance Corporation. This release may contain...
Could gender play role in Wall Street reform? David Weidner's Writing on the Wall - MarketWatch
MarketWatch | 5 days 10 hours 29 minutes ago
See, I told you. I bring this up not to get into a gender debate. There isn't one, as far as I'm concerned. Women are better with kids and the checkbook. They don't lose money in Vegas. They can cook a meal without using the microwave. They are psychologically tougher. Women aren't afraid to wear Nikes to work and then put on their dress shoes when they get to the office.
Huntington Bank Participates in FDIC Renewal of Unlimited Insurance Protection Program [Press Release]
PRNewswire | 20 days 17 hours 57 minutes ago
COLUMBUS, Ohio, Nov. 2 /PRNewswire-FirstCall/ -- The Huntington National Bank has chosen to continue its participation in the Federal Deposit Insurance Corporation's (FDIC) Transaction Account Guarantee Program (TAGP). Created in 2008 under the Temporary Liquidity Guarantee Program (TLGP), the TAGP program was recently extended for six months, through June 30, 2010. The extension is valid only to financial institutions that choose to remain in the program.
Citizens Republic Bancorp Extends Participation in FDIC Transaction Account Guarantee Program [Press Release]
PRNewswire | 18 days 13 hours 59 minutes ago
...that it will continue its participation in the Federal Deposit Insurance Corporation's (FDIC) voluntary Transaction Account Guarantee...coverage provided through the FDIC's general deposit insurance fund (which covers balances up to $250,000...
Clifton Savings Bancorp, Inc. Announces 2nd Quarter Results [Press Release]
Business Wire | 20 days 19 hours 53 minutes ago
Clifton Savings Bancorp, Inc. (Nasdaq Global Select Market: CSBK) (the “Company”), the holding company of Clifton Savings Bank (the “Bank”), today announced the results of its operations for the three and six months ended September 30, 2009. Net income was $1.32 million for the three months ended September 30, 2009, a decrease of $43,000, or 3.2%, as compared to $1.36 million for the three months ended September 30, 2008. Net income was $2.17 million for the six months ended September 30, 200...
Zacks Analyst Blog Highlights: JPMorgan Chase, Fifth Third Bancorp, Zions Bancorp, SunTrust Banks and PNC Financial [Press Release]
Business Wire | 5 days 12 hours 57 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: JPMorgan Chase (NYSE: JPM), Fifth Third Bancorp (Nasdaq: FITB), Zions Bancorp (Nasdaq: ZION), SunTrust Banks (NYSE: STI) and PNC Financial (NYSE: PNC).
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Company Overview
| Company: | Federal Deposit Insurance Corporation |
|---|---|
| Industry: | Financial Services Regulatory Agencies |
| Website: | http://www.fdic.gov |
The FDIC is like money in the bank, only better. The Federal Insurance Corporation (FDIC) promises that depositors' money is safe in the event a bank fails. The FDIC, created in 1933 in response to the bank runs during the Great Depression, insures deposits and retirement accounts in member banks and thrifts for up to $250,000. It also supervises and conducts examinations of banks and thrifts. The agency has six regional offices across the country, in addition to its headquarters in Washington, DC. Funded by premiums paid by member banks and thrifts, the FDIC is managed by a five-person board of directors, all of whom are appointed by the US President and confirmed by the Senate.
Key Numbers
| Sales in U.S. Dollars (mil.) | 3.4 (2008) |
|---|---|
| One-year % Growth in Sales | 0.0 (2008) |
| Net Income in U.S. Dollars (mil.) | 0 () |
| One-year % Growth in Net Income | 0.0 () |
| Number of Employees | 7,300 (2008) |
| One-year % Growth in Number of Employees | 0.0 (2008) |
| Fiscal Year-End | December |
