FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W233516789> ?p ?o ?g. }

• W233516789 startingPage "6" @default.
• W233516789 abstract "DEPOSIT INSURANCE REform issues have begun to crystallize since FDIC issued an insurance options paper in August. With one exception, FDIC didn't take a specific stand on any of the potential reforms that it raised in its 84-page paper. However, it is coming to be accepted thinking in Washington that between the lines FDIC has made it clear that it believes all banks should be paying something for insurance again. Where the banking industry finally comes down on many of the individual particulars will depend on how individual bankers perceive that their chosen way of banking will be affected. For example, take the issue of new deposits--that is, deposits brought under the umbrella of FDIC protection by a new institution, or an institution that has found a way of attracting deposits that doesn't require it to pay for the privilege of coming under that umbrella. Technically such deposits are subject to deposit insurance assessments, but only a handful of institution currently pay premiums. Thus, since the insurance funds were recapitalized, 844 new banks and thrifts have never had to pay. These newcomers are often perceived as having a ride, courtesy of all the banks that have spent decades paying into the Bank Insurance Fund and standing behind it. Some bankers, feeling the brunt of nonbank competition, may feel quite strongly about Merrill Lynch. That firm's program of offering customers an insured deposit alternative to brokerage products pulled in enough deposits over this year that in some quarters it is feared that it will reduce the Bank Insurance Fund's ratio all by itself. That banker may feel Merrill has crowded under the umbrella at his expense--and every other BIF member's. Another banker, head of a de novo bank, may be quite happy that this state of affairs exists, for it also means that his new bank has acquired BIF protection without having to pay initiation dues to join the club. Under current law, FDIC can't charge new institutions an entrance fee for joining BIF. Or take the issue of providing deposit insurance protection for municipal deposits. One community banker, from Kansas, recently told ABA Banking Journal that You can give my bank another five years of the old way of doing things if you'll just do something about public funds. His bank relies on municipal deposits for a larger-than-average portion of its funding base and he, like some other heavy users of public deposits, would like to switch to the relative simplicity of deposit insurance. It would allow such banks to walk away from the often-tricky world of pledging and free up that money for something more productive. Other bankers put more stock in attempts being studied to convince state and municipal treasurers to amend the pledging process. This is being explored at the state level, in some cases, as well as at the national level through trade groups. Then there is the matter of increasing the amount of deposits that are covered by FDIC insurance. It is generally acknowledged that the current $100,000 ceiling on isn't as meaningful as it once was, due to inflation. However, changing that level of (most often, people speak of doubling that number) would change the BIF's coverage ratio, as would any move to pull more deposits under the BIF umbrella. Some bankers are quite certain that doubling the ceiling would bring more funds back into their banks. …" @default.
• W233516789 created "2016-06-24" @default.
• W233516789 creator A5018234346 @default.
• W233516789 date "2000-10-01" @default.
• W233516789 modified "2023-09-26" @default.
• W233516789 title "Deposit Insurance Reform: The Next Big Issue?" @default.
• W233516789 hasPublicationYear "2000" @default.
• W233516789 type Work @default.
• W233516789 sameAs 233516789 @default.
• W233516789 citedByCount "0" @default.
• W233516789 crossrefType "journal-article" @default.
• W233516789 hasAuthorship W233516789A5018234346 @default.
• W233516789 hasConcept C10138342 @default.
• W233516789 hasConcept C139719470 @default.
• W233516789 hasConcept C144133560 @default.
• W233516789 hasConcept C162118730 @default.
• W233516789 hasConcept C162324750 @default.
• W233516789 hasConcept C17744445 @default.
• W233516789 hasConcept C199539241 @default.
• W233516789 hasConcept C2777817046 @default.
• W233516789 hasConcept C2778300220 @default.
• W233516789 hasConcept C2779601481 @default.
• W233516789 hasConcept C2780421641 @default.
• W233516789 hasConcept C2780510313 @default.
• W233516789 hasConcept C92579790 @default.
• W233516789 hasConceptScore W233516789C10138342 @default.
• W233516789 hasConceptScore W233516789C139719470 @default.
• W233516789 hasConceptScore W233516789C144133560 @default.
• W233516789 hasConceptScore W233516789C162118730 @default.
• W233516789 hasConceptScore W233516789C162324750 @default.
• W233516789 hasConceptScore W233516789C17744445 @default.
• W233516789 hasConceptScore W233516789C199539241 @default.
• W233516789 hasConceptScore W233516789C2777817046 @default.
• W233516789 hasConceptScore W233516789C2778300220 @default.
• W233516789 hasConceptScore W233516789C2779601481 @default.
• W233516789 hasConceptScore W233516789C2780421641 @default.
• W233516789 hasConceptScore W233516789C2780510313 @default.
• W233516789 hasConceptScore W233516789C92579790 @default.
• W233516789 hasIssue "10" @default.
• W233516789 hasLocation W2335167891 @default.
• W233516789 hasOpenAccess W233516789 @default.
• W233516789 hasPrimaryLocation W2335167891 @default.
• W233516789 hasRelatedWork W115693293 @default.
• W233516789 hasRelatedWork W133499893 @default.
• W233516789 hasRelatedWork W209095099 @default.
• W233516789 hasRelatedWork W239521568 @default.
• W233516789 hasRelatedWork W240030235 @default.
• W233516789 hasRelatedWork W243126824 @default.
• W233516789 hasRelatedWork W246370966 @default.
• W233516789 hasRelatedWork W276051946 @default.
• W233516789 hasRelatedWork W27718186 @default.
• W233516789 hasRelatedWork W289143198 @default.
• W233516789 hasRelatedWork W295136960 @default.
• W233516789 hasRelatedWork W2992651007 @default.
• W233516789 hasRelatedWork W2992692057 @default.
• W233516789 hasRelatedWork W2993223578 @default.
• W233516789 hasRelatedWork W2993831256 @default.
• W233516789 hasRelatedWork W326839815 @default.
• W233516789 hasRelatedWork W330224668 @default.
• W233516789 hasRelatedWork W63621952 @default.
• W233516789 hasRelatedWork W64664575 @default.
• W233516789 hasRelatedWork W209041122 @default.
• W233516789 hasVolume "92" @default.
• W233516789 isParatext "false" @default.
• W233516789 isRetracted "false" @default.
• W233516789 magId "233516789" @default.
• W233516789 workType "article" @default.