FDICIA required that banks and thrifts adopt the same capital requirements.

Name: FDICIA required that banks and thrifts adopt the same capital requirements.
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FDICIA (Federal Deposit Insurance Corporation Improvement Act) of 1991 mandated that banks and thrifts adopt the same risk-based capital requirements. Prior to FDICIA, bank capital requirements were set by the Federal Reserve while thrift capital requirements were set by the Office of Thrift Supervision.

FDICIA Required That Banks and Thrifts Adopt the Same Capital