Web sites you can bank on.Both the Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC), an independent U.S. federal executive agency designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $100,000. (FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). ) and the Office of Thrift Supervision The Office of Thrift Supervision (OTS) was established as a bureau of the Treasury Department in August 1989 as part of a major Reorganization Plan of the thrift regulatory structure mandated by the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) (12 U.S.C.A. (OTS See Office of Thrift Supervision. ) have developed new Internet sites that provide access to the agencies' programs as Well as information about individual financial institutions. The FDIC offers an institution directory (ID) service with statistics about income, expenses, reserves, loans and key ratios of profitability and condition on individual institutions. The ID system, available via the FDIC home page at http://www.fdic.gov, provides information about each of the 11,670 FDIC-insured commercial banks, savings banks and savings and loan associations savings and loan association, type of financial institution that was originally created to accept savings from private investors and to provide home mortgage services for the public. The first U.S. savings and loan association was founded in 1831. . The OTS home page, located at http://www.access.gpo.gov/ots/, provides quarterly industry financial data, descriptions of OTS publications, an index of news releases, asset and liability price tables, recent OTS regulations, key agency phone numbers and links to other financial institution regulatory agencies, including the FDIC institution directory system. |
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