Federal Deposit Insurance Reform Act
United States law
The Federal Deposit Insurance Reform Act of 2005 (Title II, subtitle B of Pub. L.Tooltip Public Law (United States) 109–171 (text) (PDF), 110 Stat. 9, enacted February 8, 2006, with a companion statute, Federal Deposit Insurance Reform Conforming Amendments Act of 2005, Pub. L.Tooltip Public Law (United States) 109–173 (text) (PDF), 119 Stat. 3601, enacted February 15, 2006), was an act of the United States Congress on banking regulation. It contained a number of changes to the Federal Deposit Insurance Corporation (FDIC).
- It raised the limit on deposit insurance for retirement accounts from $100,000 to $250,000 and indexed the amount to inflation.
- It merged the two deposit insurance funds that the FDIC had been administering separately since the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA). FIRREA abolished the former Federal Savings and Loan Insurance Corporation (FSLIC) and created a new insurance fund, Savings Association Insurance Fund (SAIF), to be administered by the FDIC. The other, longer-standing fund administered by the FDIC was the Bank Insurance Fund (BIF). SAIF and BIF were combined into the Depositor Insurance Fund (DIF).
- It provided credits to banks that had paid into the deposit insurance funds in the early 1990s, in the aftermath of the savings and loan crisis.
- It imposed a requirement that the FDIC issue rebates to the banking industry if the level of the deposit insurance fund rises above 1.5% of the total insured deposits.
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- Consumer Financial Protection Bureau
- Farm Credit Administration
- Federal Deposit Insurance Corporation
- Federal Financial Institutions Examination Council
- Federal Housing Finance Agency
- Federal Reserve Board of Governors
- Financial Stability Oversight Council
- National Credit Union Administration
- Office of the Comptroller of the Currency
legislation
- Independent Treasury Act
- National Bank Act
- Federal Reserve Act
- McFadden Act
- 1933 Banking Act
- Glass–Steagall Act
- Federal Credit Union Act
- Bank Holding Company Act
- Interest Rate Control Act of 1966
- Truth in Lending Act
- Bank Secrecy Act
- Fair Credit Reporting Act
- Home Mortgage Disclosure Act
- Community Reinvestment Act
- Electronic Fund Transfer Act
- Financial Institutions Regulatory and Interest Rate Control Act of 1978
- Monetary Control Act
- Depository Institutions Act
- Competitive Equality Banking Act of 1987
- FIRREA
- FDICIA
- Truth in Savings Act
- Riegle-Neal IBBEA
- Gramm–Leach–Bliley Act
- Fair and Accurate Credit Transactions Act
- Emergency Economic Stabilization Act
- Credit CARD Act
- Dodd–Frank
- EGRRCPA
Federal Reserve
Board regulations
Board regulations
- Extensions of Credit by Federal Reserve Banks (Reg A)
- Equal Credit Opportunity (Reg B)
- Home Mortgage Disclosure (Reg C)
- Reserve Requirements for Depository Institutions (Reg D)
- Electronic Fund Transfer (Reg E)
- Limitations on Interbank Liabilities (Reg F)
- International Banking Operations (Reg K)
- Consumer Leasing (Reg M)
- Loans to Insiders (Reg O)
- Privacy of Consumer Financial Information (Reg P)
- Prohibition Against the Paying of Interest on Demand Deposits (Reg Q)
- Credit by Brokers and Dealers (Reg T)
- Credit by Banks and Persons Other Than Brokers or Dealers for the Purpose of Purchasing or Carrying Margin Stock (Reg U)
- Transactions Between Member Banks and Their Affiliates (Reg W)
- Borrowers of Securities Credit (Reg X)
- Truth in Lending (Reg Z)
- Unfair or Deceptive Acts or Practices (Reg AA)
- Community Reinvestment (Reg BB)
- Availability of Funds and Collection of Checks (Reg CC)
- Truth in Savings (Reg DD)
- Credit union
- Federal savings association
- National bank
- State bank
- Category
- Business portal
- Banks portal