Skip to main content

Deposit Insurance Funds: Compliance With Obligation and Repayment Requirements as of June 30, 1992

AFMD-93-64 Published: May 27, 1993. Publicly Released: May 27, 1993.
Jump To:
Skip to Highlights

Highlights

Pursuant to a legislative requirement, GAO reported on the Federal Deposit Insurance Corporation's (FDIC) compliance with the maximum obligation limitation that applies to its insurance funds, focusing on: (1) the funds' ability to repay amounts borrowed from Treasury for insurance losses and factors affecting future borrowings; and (2) whether the Bank Insurance Fund's (BIF) management and disposition of failed bank assets will be sufficient to repay working capital borrowings.

Full Report

Office of Public Affairs

Topics

Authority to borrow from TreasuryBank failuresCorporate auditsFinancial institutionsFunds managementGovernment collectionsInsurance lossesInsured commercial banksSavings and loan associationsTotal obligational authority