Under the terms of the FDIC Improvement Act of 1991 the goal of the FDIC is to have a pool of insurance reserves backing the deposits of federally insured banks and thrifts that equals at least ____ percent of all insured deposits.

Question

Quizplus · Accepted Answer

The FDIC Improvement Act of 1991 does not specify a fixed percentage goal for the pool of insurance reserves relative to all insured deposits. Instead, it focuses on ensuring the stability and soundness of the banking system through various regulatory and supervisory measures.

Under the Terms of the FDIC Improvement Act of 1991