TITLE

FDIC Chief of Insurance Is Crisis-Tested

AUTHOR(S)
Adler, Joe
PUB. DATE
December 2006
SOURCE
American Banker;12/27/2006, Vol. 171 Issue 247, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on Arthur Murton, Director of the Federal Deposit Insurance Corp.'s insurance and research division. On October 2, 2006 the FDIC approved Murton's plan to require most banks to pay premiums in 2007. The premium hike is expected to generate $600 million for the agency in the first year. Details relating to deposit insurance reform legislation are discussed.
ACCESSION #
23550345

 

Related Articles

  • FDIC Seeks More Precise Measure of Big-Bank Risk. Adler, Joe // American Banker;11/30/2010, Vol. 175 Issue 183, p1 

    The article reports that the Federal Deposit Insurance Corp. (FDIC) is looking to change their formula for calculating risk-based premiums for large banks. The author mentions that a bank's level of concentration of high-risk assets and their ratio of core to total funding will be included in...

  • FDIC veteran to head new insurance division. de Senerpont Domis, Olaf // American Banker;11/13/1995, Vol. 160 Issue 219, p4 

    Reports on the appointment of Arthur J. Murton, as head of an insurance division of the Federal Deposit Insurance Corp. (FDIC). Prioritization of what went wrong with FDIC during the early 1990s; Career background; Plans of Murton for the division; Contributions to FDIC.

  • The Triumphant Tortoise. Casey, Diane M. // Community Banker;Jun2001, Vol. 10 Issue 6, p8 

    Comments on the legislative bill to reform deposit insurance by the United States Federal Deposit Insurance Corp. (FDIC) in Washington D.C. Improvement on the deposit insurance; Contents of the comprehensive reform; Proposal to passed a legislation on the problems of FDIC.

  • FDIC Is Seeking More Flexibility on Reserve Cap. Adler, Joe // American Banker;3/20/2009, Vol. 174 Issue 54, p2 

    The article reports that the Federal Deposit Insurance Corp. (FDIC) would like to see changes in the law governing its Deposit Insurance Fund, which requires it to rebate any extra funds to banks. Arthur Murton, the agency's director of insurance and research, is said to have pointed out that...

  • REVISITING DEPOSIT INSURANCE. Bennet, Robert A. // U.S. Banker;May2000, Vol. 110 Issue 5, p18 

    Focuses on the insurance coverage issues confronting the Federal Deposit Insurance Corp. Access of non-bank institutions to deposit insurance; Petitions for rebates and increase in deposit insurance from banking institutions; Plans for changes in the approaches to premiums based on bank size.

  • FDIC proposes long-awaited BIF cuts. Cocheo, Steve // ABA Banking Journal;Mar1995, Vol. 87 Issue 3, p10 

    Comments on the FDIC's proposal to cut premiums paid by majority of the banks. Details of the FDIC's cut proposal; American Bankers Association's suggestions.

  • FDIC holds the line on premiums till June. Anason, Dean // American Banker;11/13/1997, Vol. 162 Issue 219, p6 

    Reports on the US Federal Deposit Insurance Corp.'s (FDIC) vote to keep bank and thrift premiums unchanged in the first half of 1998. Income performance of the Bank Insurance Fund and the Savings Association Insurance Fund through the first three quarters of 1997; Assessment of the viability of...

  • MINNESOTA.  // North Western Financial Review;7/1/2012, Vol. 197 Issue 13, p18 

    The article lists financial institutions insured by Federal Deposit Insurance Corp. (FDIC) in Minnesota as of December 31, 2011 including First Southeast Bank, The Pioneer National Bank of Duluth, and Security State Bank of Aitkin.

  • FDIC-insured banks saw record gains of $119.5B.  // Buffalo Law Journal;3/1/2012, Vol. 84 Issue 18, p4 

    The article reports that gains of 119.5 billion were made by the banks insured by Federal Deposit Insurance Corp. (FDIC), in 2011.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics