Deposit Insurance Funds: Compliance with Obligation and Repayment Requirements as of March 31, 1994
AIMD-95-15
Published: Nov 04, 1994. Publicly Released: Nov 04, 1994.
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Highlights
Pursuant to a legislative requirement, GAO reviewed the Federal Deposit Insurance Corporation's (FDIC) quarterly compliance with the maximum obligation limitation established by the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA).
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Authority to borrow from TreasuryBank failuresFunds managementFuture budget projectionsInsurance lossesInsured commercial banksReimbursements to governmentSavings and loan associationsTotal obligational authorityDeposit insurance