
“The U.S. banking industry has the willingness and capacity to provide the necessary backing to the insurance fund. The entire capital of the banking industry stands behind the fund, as does the full faith and credit of the United States Government. The public can be sure that we will always have enough money to protect their insured deposits.” — FDIC Chairman Sheila C. Bair, as her agency voted to double banks’ deposit insurance premiums.
NavigationNavigationCategories
Search |