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  2. Advanta - Wikipedia

    en.wikipedia.org/wiki/Advanta

    On November 8, 2009, Advanta filed for Chapter 11 bankruptcy. [15] [16] On March 19, 2010, Utah state regulators seized Advanta Bank Corp. The Federal Deposit Insurance Corporation was made the bank's receiver. The FDIC estimates the cost of the failure to its Deposit Insurance Fund to be approximately $635.6 million. [17]

  3. Alphabet agencies - Wikipedia

    en.wikipedia.org/wiki/Alphabet_agencies

    The alphabet agencies, or New Deal agencies, were the U.S. federal government agencies created as part of the New Deal of President Franklin D. Roosevelt. The earliest agencies were created to combat the Great Depression in the United States and were established during Roosevelt's first 100 days in office in 1933.

  4. New Deal - Wikipedia

    en.wikipedia.org/wiki/New_Deal

    The First New Deal (1933–1934) dealt with the pressing banking crisis through the Emergency Banking Act and the 1933 Banking Act.The Federal Emergency Relief Administration (FERA) provided US$500 million (equivalent to $11.8 billion in 2023) for relief operations by states and cities, and the short-lived CWA gave locals money to operate make-work projects from 1933 to 1934. [2]

  5. Reconstruction Finance Corporation - Wikipedia

    en.wikipedia.org/wiki/Reconstruction_Finance...

    The Reconstruction Finance Corporation (RFC) was an independent agency of the United States federal government that served as a lender of last resort to US banks and businesses. Established in 1932 by the Hoover administration to restore public confidence in the economy and banking to their pre- Depression levels, the RFC provided financial ...

  6. Federal Deposit Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Federal_Deposit_Insurance...

    t. e. The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. [7]: 15 The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system.

  7. 6 best ways to FDIC-insure your excess bank deposits - AOL

    www.aol.com/finance/ways-to-insure-excess-bank...

    1. Split your money among different banks. The simplest way to make sure your deposits of more than $250,000 are covered is to move any excess money into a new account at a different FDIC-insured ...

  8. Agricultural Adjustment Act - Wikipedia

    en.wikipedia.org/wiki/Agricultural_Adjustment_Act

    Butler. The Agricultural Adjustment Act (AAA) was a United States federal law of the New Deal era designed to boost agricultural prices by reducing surpluses. The government bought livestock for slaughter and paid farmers subsidies not to plant on part of their land. The money for these subsidies was generated through an exclusive tax on ...

  9. U.S. bank regulators unveil stricter rules for mitigating ...

    www.aol.com/news/fdic-set-unveil-plan-stricter...

    The plans, unveiled by the Federal Deposit Insurance Corporation (FDIC), includes a new requirement that banks with over $100 billion in assets must issue billions more in long-term debt, which ...

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