Deposit Insurance Funds: Compliance With Obligation and Repayment Requirements as of 3/31/93 and 6/30/93

Pursuant to a legislative requirement, GAO reviewed the Federal Deposit Insurance Corporation's (FDIC) compliance with obligation and repayment requirements, focusing on: (1) Bank Insurance Fund (BIF) and Savings Association Insurance Fund (SAIF) compliance with the statutory maximum obligation limitation specified in the Federal Deposit Insurance Corporation Improvement Act of 1991; (2) BIF and SAIF ability to repay amounts borrowed from the U.S. Treasury for insurance losses; and (3) whether BIF will generate sufficient proceeds from the management and disposition of failed bank assets to repay working capital borrowings.