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<GovernmentManual>
  <accessId>GOVMAN-2014-10-06-140</accessId>
  <Entity EntityId="140" ParentId="0" SortOrder="46">
    <EntityType>Parent</EntityType>
    <Category>Executive Branch: Independent Agencies and Government Corporations</Category>
    <IntroductoryHeader/>
    <IntroductoryParagraph/>
    <AgencyName>Federal Deposit Insurance Corporation</AgencyName>
    <Addresses>
      <Address EntityAddressId="98" SortOrder="1">
        <FooterDetails>
          <Email/>
          <WebAddress>http://www.fdic.gov</WebAddress>
        </FooterDetails>
        <Address>550 Seventeenth Street NW., Washington, DC 20429</Address>
        <Phone>703-562-2222</Phone>
        <Phone2/>
        <Fax/>
      </Address>
    </Addresses>
    <LeaderShipTables>
      <LeaderShipTable EntityLeaderShipTableId="268" SortOrder="1">
        <FooterDetails>
          <Email/>
          <Footer/>
          <WebAddress/>
        </FooterDetails>
        <Header>Board of Directors</Header>
        <HeaderParagraph/>
        <NameColumnHeader/>
        <ShowFootNote>Yes</ShowFootNote>
        <ShowHeader>Yes</ShowHeader>
        <ShowHeaderParagraph>Yes</ShowHeaderParagraph>
        <ShowNameColumnHeader>Yes</ShowNameColumnHeader>
        <ShowTitleColumnHeader>Yes</ShowTitleColumnHeader>
        <TitleColumnHeader/>
        <LeaderShipTableValues>
          <Values EntityLeadershipTableValuesId="3521" SortOrder="1">
            <NameColumnValue>Martin J. Gruenberg</NameColumnValue>
            <TitleColumnValue>Chairman</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="3522" SortOrder="2">
            <NameColumnValue>Thomas J. Hoenig</NameColumnValue>
            <TitleColumnValue>Vice Chairman</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="3525" SortOrder="3">
            <NameColumnValue>Richard Cordray</NameColumnValue>
            <TitleColumnValue>Director (Director, Consumer Financial Protection Bureau)</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="3524" SortOrder="4">
            <NameColumnValue>Thomas J. Curry</NameColumnValue>
            <TitleColumnValue>Director (Comptroller of the Currency)</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="3523" SortOrder="5">
            <NameColumnValue>Jeremiah O. Norton</NameColumnValue>
            <TitleColumnValue>Director</TitleColumnValue>
          </Values>
        </LeaderShipTableValues>
      </LeaderShipTable>
      <LeaderShipTable EntityLeaderShipTableId="58" SortOrder="2">
        <FooterDetails>
          <Email/>
          <Footer/>
          <WebAddress/>
        </FooterDetails>
        <Header>Washington Office</Header>
        <HeaderParagraph/>
        <NameColumnHeader/>
        <ShowFootNote>Yes</ShowFootNote>
        <ShowHeader>Yes</ShowHeader>
        <ShowHeaderParagraph>Yes</ShowHeaderParagraph>
        <ShowNameColumnHeader>Yes</ShowNameColumnHeader>
        <ShowTitleColumnHeader>Yes</ShowTitleColumnHeader>
        <TitleColumnHeader/>
        <LeaderShipTableValues>
          <Values EntityLeadershipTableValuesId="1093" SortOrder="1">
            <NameColumnValue>(vacancy)</NameColumnValue>
            <TitleColumnValue>Senior Advisor to the Chairman</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1094" SortOrder="2">
            <NameColumnValue>Kymberly K. Copa</NameColumnValue>
            <TitleColumnValue>Deputy to the Chairman</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1095" SortOrder="3">
            <NameColumnValue>David S. Hoelscher</NameColumnValue>
            <TitleColumnValue>Senior Advisor, International Resolution Policy</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1096" SortOrder="4">
            <NameColumnValue>Steven O. App</NameColumnValue>
            <TitleColumnValue>Deputy to the Chairman and Chief Financial Officer</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1097" SortOrder="5">
            <NameColumnValue>Andrew S. Gray</NameColumnValue>
            <TitleColumnValue>Deputy to the Chairman for Communications</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="3761" SortOrder="6">
            <NameColumnValue>Barbara A. Ryan</NameColumnValue>
            <TitleColumnValue>Deputy to the Chairman and Chief Operating Officer</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1098" SortOrder="7">
            <NameColumnValue>Barbara A. Ryan</NameColumnValue>
            <TitleColumnValue>Chief of Staff</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1100" SortOrder="8">
            <NameColumnValue>Richard J. Osterman, Jr., Acting</NameColumnValue>
            <TitleColumnValue>General Counsel</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1099" SortOrder="9">
            <NameColumnValue>Kathy Kalser, Acting</NameColumnValue>
            <TitleColumnValue>Deputy to the Vice Chairman</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1101" SortOrder="10">
            <NameColumnValue>Arleas U. Kea</NameColumnValue>
            <TitleColumnValue>Director, Division of Administration</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1102" SortOrder="11">
            <NameColumnValue>Craig Jarvill</NameColumnValue>
            <TitleColumnValue>Director, Division of Finance</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1103" SortOrder="12">
            <NameColumnValue>Russell G. Pittman</NameColumnValue>
            <TitleColumnValue>Director, Division of Information Technology</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="3762" SortOrder="13">
            <NameColumnValue>Martin D. Henning, Acting</NameColumnValue>
            <TitleColumnValue>Chief Information Officer and Chief Privacy Officer</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1104" SortOrder="14">
            <NameColumnValue>Diane Ellis</NameColumnValue>
            <TitleColumnValue>Director, Division of Insurance and Research</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1105" SortOrder="15">
            <NameColumnValue>Bret D. Edwards</NameColumnValue>
            <TitleColumnValue>Director, Division of Resolutions and Receiverships</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1106" SortOrder="16">
            <NameColumnValue>Doreen R. Eberley</NameColumnValue>
            <TitleColumnValue>Director, Division of Risk Management Supervision</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="3302" SortOrder="17">
            <NameColumnValue>Stephen A. Quick</NameColumnValue>
            <TitleColumnValue>Chief Risk Officer</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="3303" SortOrder="18">
            <NameColumnValue>Arthur J. Murton</NameColumnValue>
            <TitleColumnValue>Director, Office of Complex Financial Institutions</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1107" SortOrder="19">
            <NameColumnValue>Melodee Brooks, Acting</NameColumnValue>
            <TitleColumnValue>Director, Office of Minority and Women Inclusion</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1108" SortOrder="20">
            <NameColumnValue>Mark Pearce</NameColumnValue>
            <TitleColumnValue>Director, Division of Depositor and Consumer Protection</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1109" SortOrder="21">
            <NameColumnValue>Fred S. Carns</NameColumnValue>
            <TitleColumnValue>Director, Office of International Affairs</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1110" SortOrder="22">
            <NameColumnValue>Eric Spitler</NameColumnValue>
            <TitleColumnValue>Director, Office of Legislative Affairs</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1113" SortOrder="23">
            <NameColumnValue>Suzannah Susser, Acting</NameColumnValue>
            <TitleColumnValue>Chief Learning Officer, Corporate University</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1114" SortOrder="24">
            <NameColumnValue>Fred W. Gibson, Acting</NameColumnValue>
            <TitleColumnValue>Inspector General</TitleColumnValue>
          </Values>
          <Values EntityLeadershipTableValuesId="1111" SortOrder="25">
            <NameColumnValue>Cottrell L. Webster</NameColumnValue>
            <TitleColumnValue>Ombudsman</TitleColumnValue>
          </Values>
        </LeaderShipTableValues>
      </LeaderShipTable>
    </LeaderShipTables>
    <MissionStatement>
      <Heading/>
      <Record>
        <Paragraph MissionStatmentId="108" SortOrder="1">The Federal Deposit Insurance Corporation preserves and promotes public confidence in U.S. financial institutions by insuring bank and thrift deposits, periodically examining State-chartered banks, and liquidating assets of failed institutions.</Paragraph>
        <FooterDetails>
          <Footer/>
        </FooterDetails>
      </Record>
    </MissionStatement>
    <OrganizationChart>graphics/GOVMAN-2014-10-06-140.jpg</OrganizationChart>
    <LegalAuthority>
      <Heading/>
    </LegalAuthority>
    <OrganizationStatement>
      <Heading/>
    </OrganizationStatement>
    <ProgramAndActivities>
      <ProgramAndActivity ProgramAndActivitiesId="260" SortOrder="1">
        <FooterDetails>
          <Email/>
          <Footer/>
          <WebAddress/>
        </FooterDetails>
        <MainParagraph/>
        <PointOfContact/>
        <ProgramName/>
        <Activity ProgramAndActivitiesId="567" SortOrder="1">
          <Heading/>
          <Details>
            <Detail SortOrder="1" TypeOfProgramAndActivitiesDetailsId="890">
              <FooterDetails>
                <Email/>
                <Footer/>
                <WebAddress/>
              </FooterDetails>
              <Heading/>
              <Paragraph>The Federal Deposit Insurance Corporation (FDIC) was established under the Banking Act of 1933 after numerous banks failed during the Great Depression. FDIC began insuring banks on January 1, 1934.  The basic insurance coverage per depositor at each insured bank and savings association is $250,000.</Paragraph>
            </Detail>
            <Detail SortOrder="2" TypeOfProgramAndActivitiesDetailsId="891">
              <FooterDetails>
                <Email/>
                <Footer/>
                <WebAddress/>
              </FooterDetails>
              <Heading/>
              <Paragraph>The FDIC is managed by a five-member Board of Directors, all of whom the President appoints and the Senate confirms. No more than three of the Directors can be affiliated with the same political party.</Paragraph>
            </Detail>
            <Detail SortOrder="3" TypeOfProgramAndActivitiesDetailsId="892">
              <FooterDetails>
                <Email/>
                <Footer/>
                <WebAddress/>
              </FooterDetails>
              <Heading/>
              <Paragraph>FDIC receives no congressional appropriations. Its funding comes from insurance premiums on deposits held by insured banks and savings associations and from interest on the investment of those premiums in U.S. Government securities. FDIC has authority to borrow up to $100 billion from the Treasury for insurance purposes.</Paragraph>
            </Detail>
          </Details>
        </Activity>
      </ProgramAndActivity>
      <ProgramAndActivity ProgramAndActivitiesId="261" SortOrder="2">
        <FooterDetails>
          <Email/>
          <Footer/>
          <WebAddress/>
        </FooterDetails>
        <MainParagraph/>
        <PointOfContact/>
        <ProgramName>Activities</ProgramName>
        <Activity ProgramAndActivitiesId="568" SortOrder="1">
          <Heading/>
          <Details>
            <Detail SortOrder="1" TypeOfProgramAndActivitiesDetailsId="893">
              <FooterDetails>
                <Email/>
                <Footer/>
                <WebAddress/>
              </FooterDetails>
              <Heading/>
              <Paragraph>The FDIC insures about $11 trillion of U.S. bank and thrift deposits. As required by law, the fund relies on two sources of income: premiums paid by banks and savings associations, and the interest on the investment of those premiums in U.S. Government securities. An institution's level of capitalization and potential risk to the insurance fund determines its premiums.</Paragraph>
            </Detail>
            <Detail SortOrder="2" TypeOfProgramAndActivitiesDetailsId="894">
              <FooterDetails>
                <Email/>
                <Footer/>
                <WebAddress/>
              </FooterDetails>
              <Heading/>
              <Paragraph>The FDIC examines about 3,800 State-chartered commercial and savings banks that are not members of the Federal Reserve System, called State nonmember banks. The FDIC also has authority to examine other types of FDIC-insured institutions for deposit insurance purposes. The two types of examinations conducted are for safety and soundness and for compliance with applicable consumer laws such as the Truth in Lending Act, the Home Mortgage Disclosure Act, the Equal Credit Opportunity Act, the Fair Housing Act, and the Community Reinvestment Act. FDIC examiners work on site at the institution, and they analyze computer data offsite.</Paragraph>
            </Detail>
            <Detail SortOrder="3" TypeOfProgramAndActivitiesDetailsId="895">
              <FooterDetails>
                <Email/>
                <Footer/>
                <WebAddress/>
              </FooterDetails>
              <Heading/>
              <Paragraph>A failed bank or savings association is generally closed by its chartering authority, and the FDIC is named receiver. The FDIC is required to resolve the closure in a manner that is least costly to the FDIC. Ordinarily, the FDIC attempts to locate a healthy institution to acquire the failed entity. If such an entity cannot be found, the FDIC pays depositors the amount of their insured funds, usually by the next business day following the closure. Depositors with funds that exceed the insurance limit often receive an advance dividend, which is a portion of their uninsured funds that is determined by an estimate of the future proceeds from liquidating the failed institution's remaining assets. Depositors with funds in a failed institution that exceed the insurance limit receive a receivership certificate for those funds and partial payments of their uninsured funds as asset disposition permits.</Paragraph>
            </Detail>
            <Detail SortOrder="4" TypeOfProgramAndActivitiesDetailsId="896">
              <FooterDetails>
                <Email/>
                <Footer/>
                <WebAddress/>
              </FooterDetails>
              <Heading/>
              <Paragraph>As part of its insurance, supervisory, and receivership responsibilities, the FDIC approves or disapproves of mergers, consolidations, and acquisitions where the resulting bank is an insured State nonmember; approves or disapproves of proposals by banks to establish and operate a new branch, close an existing branch, or move its main office from one location to another; and approves or disapproves of requests to engage as principal in activities and investments that are not permissible for a national bank. It also issues enforcement actions, including cease-and-desist orders, for specific violations or practices requiring corrective action and reviews changes in ownership or control of a bank.</Paragraph>
            </Detail>
          </Details>
        </Activity>
      </ProgramAndActivity>
    </ProgramAndActivities>
    <SourceOfInformationDetails>
      <EntitySourceOfInformation EntitySourceOfInformationId="378" SortOrder="1">
        <FooterDetails>
          <Email/>
          <Footer/>
          <WebAddress>http://www.fdic.gov/consumers/consumer/ccc/</WebAddress>
        </FooterDetails>
        <Header>Consumer Information</Header>
        <Paragraph>For consumer information inquiries or to submit a complaint against State nonmember banks, call the Consumer Response Center at 1-877-275-3342 (TTY 1-800-925-4618), weekdays between 8:00 a.m. and 8:00 p.m., eastern time, or write to the Federal Deposit Insurance Corporation, Consumer Response Center, 1100 Walnut Street, Box 11, Kansas City, MO 64106.</Paragraph>
      </EntitySourceOfInformation>
      <EntitySourceOfInformation EntitySourceOfInformationId="379" SortOrder="2">
        <FooterDetails>
          <Email/>
          <Footer/>
          <WebAddress>http://www.fdic.gov/about/contact/ask/</WebAddress>
        </FooterDetails>
        <Header>General Inquiries</Header>
        <Paragraph>Written requests for general information may be sent to the FDIC's Public Information Center, 3501 Fairfax Drive, Room E-1002, Arlington, VA 22226. Phone, 703-562-2200 or 877-275-3342.</Paragraph>
      </EntitySourceOfInformation>
      <EntitySourceOfInformation EntitySourceOfInformationId="380" SortOrder="3">
        <FooterDetails>
          <Email/>
          <Footer/>
          <WebAddress>http://www.fdic.gov/about/freedom/</WebAddress>
        </FooterDetails>
        <Header>Public Records</Header>
        <Paragraph>FDIC records are available on the Agency's Web site. Inquiries about other types of records available to the public, including records available under the Freedom of Information Act, should be directed to the Chief, FOIA/PA Group 550 17th Street NW., Washington, DC 20429, or to a regional office.</Paragraph>
      </EntitySourceOfInformation>
      <EntitySourceOfInformation EntitySourceOfInformationId="381" SortOrder="4">
        <FooterDetails>
          <Email>publicinfo@fdic.gov</Email>
          <Footer/>
          <WebAddress>http://www.fdic.gov/news/publications/PIChardcopies.html</WebAddress>
        </FooterDetails>
        <Header>Publications</Header>
        <Paragraph>Publications, press releases, congressional testimony, directives to financial institutions, and other documents are available through the Public Information Center. Phone, 877-275-3342 (press 1, then press 5).</Paragraph>
      </EntitySourceOfInformation>
    </SourceOfInformationDetails>
    <FooterDetails>
      <Footer>For further information and media inquiries, contact the Office of Communications, Federal Deposit Insurance Corporation, 550 Seventeenth Street NW., Washington, DC 20429. Phone, 202-898-6993.</Footer>
      <Email>communications@fdic.gov</Email>
      <WebAddress>http://www.fdic.gov</WebAddress>
    </FooterDetails>
  </Entity>
</GovernmentManual>
