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Federal Deposit Insurance Corporation Improvement Act (FDICIA)

A 1991 law that increased the FDIC's ability to protect consumers. The Act increased the US Treasury's line of credit to $30 million, required tougher auditing and reporting standards, and created the Truth-In-Savings regulation that required member banks to disclose and support advertised savings yields. The law arose from the savings and loan crisis of the early 1990s.

Related information about Federal Deposit Insurance Corporation Improvement Act (FDICIA):
  1. Federal Deposit Insurance Corporation Improvement Act (FDICIA ...
    Passed in 1991 at the height of the Savings and Loan Crisis (S&L), this act fortified the FDIC's role and resources in protecting consumers. The most notable ...
     
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    Jul 23, 2010 ... The Federal Deposit Insurance Corporation Improvement Act (FDICIA) was enacted in 1991 by Congress to address the thrift industry crisis.
     
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  5. Federal Deposit Insurance Corporation Improvement Act (FDICIA ...
    federal law enacted in 1991 to address the thrift industry crisis. FDICIA recapitalized the Bank Insurance Fund (BIF) of the Federal Deposit Insurance Corporation ...
     
  6. S.543.ENR - Thomas - Library of Congress
    S.543 -- Federal Deposit Insurance Corporation Improvement Act of 1991 ( Enrolled Bill [Final as Passed Both House and Senate] - ENR) ...
     
  7. The federal deposit insurance corporation ... - Ideas - RePEc
    Altamuro and Beatty (2009) examine financial reporting quality before and after the Federal Deposit Insurance Corporation Improvement Act (FDICIA).
     
  8. The Federal Deposit Insurance Corporation Improvement ... - SSRN
    Sep 17, 2009... and Beatty (2009) examine financial reporting quality before and after the Federal Deposit Insurance Corporation Improvement Act (FDICIA).