Deposit insurance reform in the FDIC Improvement Act: the experience to date. (Federal Deposit Insurance Corporation Improvement Act of 1991) From: Economic Perspectives | Date: March 1, 1998| Author: Benston, George J. | COPYRIGHT 1998 Federal Reserve Bank of Chicago. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

The Federal Deposit Insurance Corporation Improvement Act of 1991 was designed to provide deposit insurance reforms needed by the banking industry after over 2,000 depositary institutions went bankrupt in the 1980s. Research in the years succeeding the enactment of this law indicates that deposit insurance has been utilized more efficiently in a manner that should discourage banks from taking excessive risks and regulators from unduly delaying the imposition of penalties on financially shaky...

Related newspaper, magazine, and journal articles from HighBeam Research

	Can deposit insurance increase the risk of bank failure? Some historical evidence. Federal Reserve Bank of St. Louis Review ; LOAN LOSSES ASSOCIATED WITH declines in energy and agricultural prices, and the collapse of commercial real estate markets were the proximate cause of the high number of bank and savings and loan (S&L) failures of the past 12 years. Many researchers also blame government policies, however, such
	Congress, bankers want to increase bank deposit insurance.(The Dallas Morning News) Knight Ridder/Tribune News Service ; Throughout the years, consumers walking into their banks have drawn comfort from a sticker in the window that reads: Each depositor insured to $100,000. Thanks to an effort by Congress to revamp the deposit insurance system by increasing insurance limits, consumers may be able to draw even more
	U.S. Lawmakers Say Raising Deposit Insurance Limits Would Help Customers. The Dallas Morning News (Dallas, Texas) (via Knight-Ridder/Tribune Business News) ; Byline: Pamela Yip Jun. 3--Throughout the years, consumers walking into their banks have drawn comfort from a sticker in the window that reads: Each depositor insured to $100,000. Thanks to an effort by Congress to revamp the deposit insurance system by increasing insurance limits, consumers may be
	Small banks need deposit insurance - FDIC chief Chicago Sun-Times ; WASHINGTON Reducing the $100,000 insurance coverage on bank deposits would hurt small banks and jeopardize their existence, FDIC Chairman William Seidman warned Tuesday. "Small banks need deposit insurance to gather deposits," Seidman said. "Small banks wouldn't be able to compete without
	Bankers divided over raising deposit insurance. South Florida Sun-Sentinel (via Knight-Ridder/Tribune News Service) ; Byline: Antonio Fins Bankers are mired in a debate over Federal Deposit Insurance Corp. reforms before Congress, even as the nation's deposit insurance fund fell below a key threshold earlier this month. Lawmakers are debating measures to increase the amount of deposit insurance coverage for

See all results.