1. Deposit Insurance
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 failure prevention policies and procedures are subject to several criterions. ... Originally, deposit insurance was financed though a flat-rate premium. ... and the FDIC is that deposit insurance is provided by two separate funds. The BIF or Bank Insurance Fund provides coverage to commercial banks while SAIF or Savings Association Insurance Fund provides coverage to all thrifts. ...
- Word Count: 1737
- Approx Pages: 7
- Grade Level: Undergraduate