A Brief History of
Deposit Insurance in the
United States
Prepared for the
International Conference on Deposit Insurance
Washington, DC
September 1998
Federal Deposit Insurance Corporation
Deposit Insurance in the
United States
Prepared for the
International Conference on Deposit Insurance
Washington, DC
September 1998
Federal Deposit Insurance Corporation
Acknowledgments
This document draws heavily from Federal Deposit Insurance Corporation:
The First Fifty Years, a 50th anniversary history published by the FDIC in 1984. In
particular, this paper relies on sections of that book written by former FDIC
Chairman William Isaac, William R. Watson, Director, Division of Research and
Statistics (DRS) and Detta Voesar (DRS). Gratitude again is extended to all who
contributed to the 1984 publication. Information also was derived from staff work
produced in support of the assessment rate-setting process and related policy issues,
including contributions by Christine Blair (DRS) and Frederick Carns, Division of
Insurance. Editing and new material were provided by James McFadyen (DRS).
Cathy Wright (DRS) lent her considerable secretarial skills, and Geri Bonebrake
(DRS) provided assistance with graphics and production.
Division of Research and Statistics
Federal Deposit Insurance Corporation
September 1998
This document draws heavily from Federal Deposit Insurance Corporation:
The First Fifty Years, a 50th anniversary history published by the FDIC in 1984. In
particular, this paper relies on sections of that book written by former FDIC
Chairman William Isaac, William R. Watson, Director, Division of Research and
Statistics (DRS) and Detta Voesar (DRS). Gratitude again is extended to all who
contributed to the 1984 publication. Information also was derived from staff work
produced in support of the assessment rate-setting process and related policy issues,
including contributions by Christine Blair (DRS) and Frederick Carns, Division of
Insurance. Editing and new material were provided by James McFadyen (DRS).
Cathy Wright (DRS) lent her considerable secretarial skills, and Geri Bonebrake
(DRS) provided assistance with graphics and production.
Division of Research and Statistics
Federal Deposit Insurance Corporation
September 1998