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Restoration of Depleted FDIC Deposit Insurance Fund Could Take 10 Years

October 21, 2010 By Problem Bank List Staff Leave a Comment

October 19, 2010 – The FDIC announced today a long term Restoration Plan to return the Deposit Insurance Fund (DIF) to a positive balance.   The long term goal of the proposed fund management plan is to maintain a positive fund balance, even “during periods of large fund losses, and maintaining steady, predictable  assessment rates throughout economic […]

Filed Under: Bank Failure, Banking News, DIF, Dodd-Frank Act, FDIC insurance, featured Tagged With: FDIC expects insurance fund recovery to take 10 years, FDIC plans to increase DIF

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