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Who is the leader of the FDIC?

Martin J. Gruenberg was sworn in as Chairman of the FDIC Board of Directors on January 5, 2023.

What bank is being taken over by the FDIC?

On March 26, 2023, the FDIC entered into a purchase and assumption agreement for all deposits and loans of Silicon Valley Bridge Bank, N.A., with FirstCitizens Bank Trust Company, Raleigh, NC. As part of this transaction Silicon Valley Bridge Bank, N.A, was placed into receivership.

Who led the FDIC?

Cover Photo: On June 16, 1933, President Franklin Roosevelt signed the Banking Act of 1933, a part of which established the FDIC. At Roosevelts immediate right and left were Senator Carter Glass of Virginia and Representative Henry Steagall of Alabama, two of the most prominent figures in the bills development.

Is Leader Bank a FDIC?

Yes. Money Market funds are insured up to the FDIC limit of $250,000. Plus, Leader Bank is proud help our clients maximize access to coverage beyond this limit through the IntraFi Cash Service network!

Which banks are insured by FDIC?

Selected Search Criteria Ergo Bank. FDIC Insured. Since 01/01/1934. Woodford State Bank. FDIC Insured. Since 01/01/1934. The Portage County Bank. FDIC Insured. Security Bank. FDIC Insured. National Exchange Bank and Trust. FDIC Insured. Isabella Bank. FDIC Insured. First Southern Bank. FDIC Insured. Bank of Hancock County. FDIC Insured.

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Who is the current head of FDIC?

Board of Directors ChairmanMartin J. Gruenberg Executive Assistant to the Chief of Staff Paula D. Gueory Deputy to the Chairman and Chief Operating Officer Daniel H. Bendler Deputy to the Chairman for External Affairs Nikita Pearson Special Advisor to the Deputy to the Chairman for External Affairs Jamie Z. Goodson25 more rows

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