FDIC
Est. 1933
Federal Deposit Insurance Corporation
Insures your deposits. Tracks every US bank failure since 1934. Issues enforcement orders.
Parent
Independent federal agency
Jurisdiction
State-chartered non-member banks; deposit insurance for all member institutions
Headline
$250k deposit insurance · Bank failure history · Call Report financials
What the FDIC is
The FDIC was created in 1933 during the Great Depression in response to thousands of bank failures. Its primary function is insuring deposits up to $250,000 per depositor per institution — guaranteeing that if your bank fails, you get your money back up to the limit. The FDIC also supervises state-chartered banks that are not members of the Federal Reserve System, and maintains the definitive record of every US bank failure since 1934.
What the FDIC does
- Insures deposits at all FDIC-member institutions up to $250,000 per depositor per ownership category
- Supervises state-chartered banks that are not Federal Reserve members
- Issues enforcement orders and civil money penalties for violations of law or unsafe practices
- Maintains the public bank failure database — every failed bank since 1934
- Publishes Call Report financial data for all supervised institutions quarterly
- Manages failed bank receiverships and facilitates purchase-and-assumption transactions
Why ComplaintRate uses FDIC data
ComplaintRate uses FDIC data in three distinct ways. First, FDIC deposit data is the denominator in the complaint rate calculation — estimated customer base derived from total deposits divided by average deposit per account, enabling normalisation. Second, FDIC bank failure history flags institutions with a history of failure and FDIC-managed resolution. Third, FDIC enforcement orders (EDOS) track formal supervisory actions against state non-member banks, surfacing institutions where the deposit insurer itself has found compliance violations.
What FDIC data means for you
The FDIC failure history on ComplaintRate is not a prediction — it is a historical record. An institution that failed and was acquired continues to operate under new management, but its historical failure record is relevant context for researchers, attorneys, and risk-conscious depositors. The FDIC $250,000 deposit insurance limit is critical for anyone with balances above that threshold. ComplaintRate's Fragility Score incorporates FDIC financial data to surface institutions with publicly visible financial stress signals.
FDIC fields in ComplaintRate database
fdic_has_failure_historyfdic_failure_countfdic_last_failure_datefdic_failure_cost_usdcallreport_tier1_capital_ratiocallreport_charge_off_rateOther data sources
ComplaintRate.com is an independent data publisher and is not affiliated with, endorsed by, or sponsored by any U.S. federal agency. Data sourced from publicly available government databases.