Organization
Federal Deposit Insurance Corporation
U.S. government agency that insures bank deposits and winds up failed banks.
The FDIC insures deposits and resolves failed banks. Its history of the 1980s and its 2026 bank data are used in Rescue of Continental Illinois, 1984 and Bank assets at 30 June 2026.
Connections 3
involved in
- Bank assets at 30 June 2026 source of the list: 4,213 active institutions Primary record 1
- Rescue of Continental Illinois, 1984 covered all deposits Primary record 2
- Resolution of Silicon Valley Bank and Signature Bank, 2023 completed the resolutions Primary record 3
Proof 3 sources
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FDIC BankFind API: active institutions, assets and deposits at 30 June 2026 (index of 30 October 2026), Federal Deposit Insurance Corporation, 30 Oct 2026.
Primary record
"total":4213
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History of the Eighties: Lessons for the Future, Volume I, chapter 7: Continental Illinois and Too Big to Fail, Federal Deposit Insurance Corporation, 1997.
Primary record
In fully covering all deposits in Continental, the FDIC used a method that contrasted sharply with its continuing use of deposit payoffs in some smaller resolutions.
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Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC, Federal Reserve, 12 Mar 2023.
Primary record
Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law.
Page history 3 changes
- Second revision of Too Big to Fail: the FTC's 1917 finding, the 1952 report's seven firms, the 1984 hearing record, and corrected cards for Spirit, beef, tickets, Google and the final verdict05663c47
- Revise Too Big to Fail after the skeptic's review: read to 2 November 2026, a verdict card that separates findings from shares, the 1929 fight with its scandal and the board's stand, and sources for every cardc819f2cb
- Add the story Too Big to Fail: Standard Oil's stockholders, the phrase's origin in 1984, and market-by-market cases to November 2026aa9c434d
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