Federal Deposit Insurance Corporation
FEDERAL DEPOSIT INSURANCE CORPORATION
550 Seventeenth Street NW., Washington, DC 20429
Phone, 202-393-8400. Internet, http://www.fdic.gov/.
Board of Directors:
Chairman (vacancy)
Vice Chairman Andrew C. Hove, Jr., Acting
Directors:
(Comptroller of the Currency) Julie Williams, Acting
(Director, Office of Thrift Ellen S. Seidman
Supervision)
Appointive Director Joseph H. Neely
Officials:
Deputy to the Chairman and Chief Operating Dennis F. Geer
Officer
Chief Financial Officer Paul L. Sachtleben
Deputy to the Vice Chairman Roger A. Hood
Deputy to the Director (Comptroller of the Thomas E. Zemke
Currency)
Deputy to the Director (Office of Thrift Walter B. Mason
Supervision)
Deputy to the Director (Appointive) A. David Meadows
Executive Secretary Robert E. Feldman
General Counsel William F. Kroener III
Director, Division of Administration Jane L. Sartori
Director, Division of Compliance and Consumer Carmen J. Sullivan
Affairs
Director, Division of Finance Paul L. Sachtleben
Director, Division of Information Resources Donald C. Demitros
Management
Director, Division of Insurance Arthur J. Murton
Director, Division of Research and Statistics William R. Watson
Director, Division of Resolutions and John F. Bovenzi
Receiverships
Director, Division of Supervision Nicholas J. Ketcha, Jr.
Director, Office of Corporate Communications Phil Battey
Director, Office of Diversity and Economic Jo-Ann Henry
Opportunity
Director, Office of Internal Control Management Vijay Deshpande
Director, Office of Legislative Affairs Alice C. Goodman
Director, Office of Ombudsman Arleas Upton Kea
Director, Office of Policy Development Robert W. Russell
Inspector General Gaston L. Gianni, Jr.
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The Federal Deposit Insurance Corporation promotes and preserves public confidence in U.S. financial institutions by insuring bank and thrift deposits up to the legal limit of $100,000; by periodically examining State-chartered banks that are not members of the Federal Reserve System for safety and soundness as well as compliance with consumer protection laws; and by liquidating assets of failed institutions to reimburse the insurance funds for the cost of failures.
The Federal Deposit Insurance Corporation (FDIC) was established under the Banking Act of 1933 in response to numerous bank failures during the Great Depression. The Corporation began insuring banks on January 1,
1934. Congress has increased the limit...
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