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A Brief History of Deposit Insurance

This document provides information on the state deposit insurance programs that existed in the 1800s and early 1900s, the banking crisis of 1930s, and the establishment of the FDIC. It describes the FDIC's early years, its experience during and after World War II, the turbulent decades of the 1970s and 1980s, and the recovery achieved in the 1990s. Major legislative changes and economic influences are noted. Finally, deposit insurance issues are discussed that were current at the time of the FDIC-sponsored International Conference on Deposit Insurance in 1998. The document does not fully address the savings-and-loan crisis of the 1980s because the FDIC did not receive deposit insurance responsibility for S&Ls until 1989.

All Links on this page reference Portable Document Format (PDF) files. Adobe Acrobat, a reader available for free on the Internet, is required to display or print PDF files. You may also request a printed copy of this document.



Deposit Insurance: An Annotated Bibliography

Annotated Bibliography of Deposit Insurance contains citations and abstracts for books, journal articles, working papers, dissertations, conference proceedings, congressional hearings, and government and international agency reports on deposit insurance published between 1989 and 1999. The on-line version of this bibliography is updated annually. Please refer to the Introduction for more details concerning the purpose, scope, and sources of the Bibliography.

The entire document can be downloaded and printed from the links below. Adobe Acrobat, a reader available for free on the Internet, is required to display or print PDF files. You may also request a printed copy of this document. These documents can be searched using the find command either through the Adobe Acrobat Reader or your web browser.

Deposit Insurance: An Annotated Bibliography 1989-1999 (1,118kb PDF File)

Strengthening Financial Risk Management at the FDIC (2003)



Roundtable on Deposit Insurance, April 25, 2000

On April 25, 2000, the FDIC hosted the first of a series of roundtable discussions. The session has been transcribed and the meeting material is available below.



Additional Links Testimonies and Speeches

Remarks by Sheila C. Bair, Chairman, Federal Deposit Insurance Corporation; Before the New York Bankers Association; Washington, D.C. July 19, 2006.
Statement of Acting Chairman Gruenberg on the passage of deposit insurance reform legislation February 1, 2006
Statement of Donald E. Powell Chairman Federal Deposit Insurance Corporation on Deposit Insurance Reform Before the Subcommittee on Financial Institutions and Consumer Credit of the Committee on Financial Services U.S. House of Representatives March 17, 2005
Chairman Powell's testimony on deposit insurance reform to the House March 4, 2003
Chairman Powell's testimony on deposit insurance reform to the Senate February 26, 2003
Chairman Powell's testimony on deposit insurance reform to the Senate April 23, 2002
FDIC Chairman Tanoue speaks before the Annual Convention Of the Independent Community Bankers of America March 7, 2000



Additional Articles on Pricing Deposit Insurance

Options for Pricing Federal Deposit Insurance (115kb PDF file - PDF help or hard copy)
FDIC Banking Review, Vol 15, No 4, December 2003

Reform of Deposit Insurance: State of the Debate (250Kb PDF file - PDF help or hard copy)
FDIC Banking Review, December 1999

Recommendations for Deposit Insurance Reform, April 2001
On April 5, the FDIC issued recommendations for strengthening the deposit insurance system, including merging the Bank Insurance Fund (BIF) and the Savings Association Insurance Fund (SAIF), and adopting a more risk-based system for charging insurance premiums.

Household Survey on Deposit Insurance Awareness, April 2001
A report on responses to a survey by the Gallup Organization in November - December 2000.

Reform of Deposit Insurance: A Report to the FDIC, March 2001
A paper that reviews the basic principles undergirding deposit insurance, that summarizes the perceived problems with deposit insurance today, and that outlines an approach to reforming deposit insurance.

Options Paper, August 2000
The FDIC has issued an Options Paper that summarizes alternatives for pricing, funding, and coverage of deposit insurance (PDF version: 482Kb PDF file - PDF help or hard copy).



Last Updated 5/12/2010 insurance-research@fdic.gov