Financial assistance provided to a bank or savings institution that is undercapitalized do to eroding earnings for loan losses, drop in value of investments held as a result of poor market conditions or a rapid loss outflow of deposits. The FDIC may bailout the depositors by infusion capital or the FDIC arrange for the sale of the bank or savings institution to healthier one. Even when the bailout involves the sale of the bank, the FDIC often provides assistance to cover some of the problem areas of the failed institution.
Rates Current as of Sunday March 21, 2010
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A fund that imposes a one-time fee, either when fund shares are purchased (front-end load) or redeemed (back-end load), or a fund that charges a 12b-1 fee greater than 0.25 percent.
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Federal law prohibits this information from being made public. The OCC cannot release any information relating to any supervisory actions or whether a violation of law or regulation occurred in connection with your complaint.
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Measure of the U.S. money stock that consists of M1, certain overnight repurchase agreements and certain overnight Eurodollars, savings deposits including money market deposit accounts, time deposits in amounts of less than $100,000, and balances in money market mutual funds other than those restricted to institutional investors.
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