And, just like the non-bank accounts where approximately half of America puts their savings, our accounts are not FDIC insured, either. |
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The FDIC program demonstrates that unbanked Latin American immigrants can be brought into the financial mainstream. |
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So far, Wells Fargo is the only big American bank that the FDIC judges capable of that. |
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Last year, according to the FDIC, the number of banks and thrifts fell by 172, perhaps one-third of the decline eight or nine years ago. |
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The investigation was originally started by the FDIC and the Utah Department of Financial Institutions. |
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Furthermore, the lower levels of FDIC might be related to the sluggish non-financial investment in Canada in recent years. |
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And the insurance fund run by the FDIC is replenishing itself without having to dun taxpayers. |
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Its two branches were taken over by Ameris and the FDIC made depositors whole to the extent of their insurance. |
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Two weeks later, the FDIC seized Washington Mutual and wiped out the bondholders. |
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In which case, the FDIC will end up paying out on the insurance for overpriced assets. |
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The FDIC is now exploring options for replenishing the fund, including charging banks a special fee or asking them to prepay future fees. |
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For further details concerning FDIC coverage see the FDIC website at www. FDIC.gov. |
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The deposits of the former customers of Riverside, First Federal and AmericanFirst will continue to be insured by the FDIC up to the insurance limit. |
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Investments are not bank guaranteed, not FDIC insured and may lose value. |
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Banks, FDIC and RTC are selling their real estate owned property and mortgages in bulk with bids of 5 to 10 percent higher than one year earlier. |
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The bank argues that it was indemnified against some liabilities when it bought Washington Mutual, a failed mortgage lender, from the FDIC during the financial crisis. |
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Before the FDIC can guarantee financial firms' bonds, as it did in 2008, it now needs congressional approval. The Federal Reserve can still lend to banks, and to foreign central banks via swap lines. |
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In addition, the Bank entered into loss share agreements with the FDIC whereby the FDIC shares in the losses on loans and certain real estate assets. |
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Products offered by HIS, HBIS and BMOCM are Not Insured by the FDIC or any Federal Government Agency, Not a Deposit of or Guaranteed by Any Bank or Bank Affiliate, May Lose Value. |
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Just as the FDIC was created to encourage and safeguard individual bank deposits, the FHMIC would retain the private banking mechanism for home mortgages and insure bank mortgages to homeowners. |
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IndyMac Bank's parent corporation was IndyMac Bancorp until the FDIC seized IndyMac Bank. |
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On July 11, 2008, citing liquidity concerns, the FDIC put IndyMac Bank into conservatorship. |
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According to the FDIC, the institutions, part of the US dollar Libor panel, 'fraudulently and collusively suppressed' the rate. |
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Higher One violated federal law by charging students multiple fees for overdrawing funds for a single transaction, the FDIC said. |
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The FDIC typically asserts claims for negligence, gross negligence and breach of fiduciary duty. |
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The tampering with our language, like so many other things, can be blamed on the Roosevelt new deal which created WPA, NRA, FDIC and so many other abecedisms. |
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The irony is that, while it is the Fed and FDIC that profess to be taking the closest look at this problem, it is the OCC that oversees most of the troublemakers. |
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The Federal Deposit Insurance Reform Act of 2005 created the DIF, which the FDIC uses to manage failures of insured banks, and this fund has been depleted. |
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