Bank or savings firm that is covered by deposit insurance. In general, all eligible banking institutions have this type of protection and state and national banks must by law carry FDIC insurance coverage. The historical FDIC coverage limit has been in the amount of $250,000 per depositor.
Related information about insured financial institution:
- Insured Financial Institution Definition | Investopedia
Any bank or savings institution that is covered by some form of deposit insurance. Of course, virtually all eligible banks and savings institutions carry this ...
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- Member FDIC
*The Federal Deposit Insurance Corporation ("FDIC") insures deposits up to $250,000 per depositor, for each insured financial institution. NOTICE OF ...
- FDIC Law, Regulations, Related Acts - Rules and Regulations
Mar 2, 2012 ... SYSTEM NAME: Insured Financial Institution Liquidation Records. .... institution bonds of a failed or assisted FDIC-insured financial institution.
- Criminal Resource Manual 826 Applicability of 18 U.S.C. 1344
It proscribes the use of a scheme or artifice either to defraud a Federally chartered or insured financial institution or to obtain any of the monies, funds, credits, ...
- Code of Laws Title 34 Chapter 3 Banks And Banking Generally
Crimes against a federally chartered or insured financial institution. (A) A person knowingly may not execute, or attempt to execute, a scheme or artifice to: ...