Federal Deposit Insurance Corporation
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Agency description: |
The Federal Deposit Insurance Corporation (FDIC) regulates financial stability through its management of insured deposits, receivership, consumer protection, and its supervision of financial institutions. |
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Website: |
www.fdic.gov |
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Enabling Statute: |
“There is hereby established a Federal Deposit Insurance Corporation (hereinafter referred to as the "Corporation") which shall insure, as hereinafter provided, the deposits of all banks and savings associations which are entitled to the benefits of insurance under this chapter, and which shall have the powers hereinafter granted.” 12 U.S.C. § 1811(a) |
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Key issues: |
Bank examinations, Call Reports and Thrift Reports of financial institutions, fair credit reporting, home mortgage disclosure, truth in lending, electronic fund transfers, equal credit opportunity. |
