Deposit Insurance Funds: Compliance with Obligation and Repayment Requirements as of December 31, 1993
AIMD-94-162
Published: Aug 17, 1994. Publicly Released: Aug 17, 1994.
Skip to Highlights
Highlights
Pursuant to a legislative requirement, GAO reviewed: (1) the Federal Deposit Insurance Corporation's (FDIC) compliance with the maximum obligation limitation for the Bank Insurance Fund (BIF) and the Savings Association Insurance Fund (SAIF); (2) BIF and SAIF ability to repay amounts borrowed from the Department of the Treasury to cover insurance losses; and (3) the factors that could affect future borrowings.
Full Report
Office of Public Affairs
Topics
Authority to borrow from TreasuryBank failuresFunds managementFuture budget projectionsInsurance lossesInsured commercial banksReimbursements to governmentSavings and loan associationsTotal obligational authorityFederal deposit insurance