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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

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2005 Annual Report Highlights

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Federal Deposit Insurance Corporation
In its unique role as deposit insurer of banks and savings associations, and in cooperation with the other state and federal regulatory agencies, the Federal Deposit Insurance Corporation (FDIC) promotes the safety and soundness of the U.S. financial system and the insured depository institutions by identifying, monitoring and addressing risks to the deposit insurance funds.

The FDIC promotes public understanding and the development of sound public policy by providing timely and accurate financial and economic information and analyses. It minimizes disruptive effects from the failure of banks and savings associations. It assures fairness in the sale of financial products and the provision of financial services.

The FDIC's long and continuing tradition of excellence in public service is supported and sustained by a highly skilled and diverse workforce that continuously monitors and responds rapidly and successfully to changes in the financial environment.

The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress that maintains the stability and public confidence in the nation's financial system by insuring deposits, examining and supervising financial institutions, and managing receiverships.

The FDIC is a leader in developing and implementing sound public policies, identifying and addressing new and existing risks in the nation's financial system, and effectively carrying out its insurance, supervisory, and receivership management responsibilities.

The FDIC and its employees have a long and continuing tradition of distinguished public service. Six core values guide FDIC employees as they strive to fulfill the Corporation's mission and vision:
  • Integrity
    FDIC employees adhere to the highest ethical standards in the performance of their duties and responsibilities.

  • Competence
    The FDIC maintains a highly skilled, dedicated and diverse workforce.

  • Teamwork
    FDIC employees work cooperatively with one another and with employees in other regulatory agencies to accomplish the Corporation's mission.

  • Effectiveness
    The FDIC responds quickly and successfully to identified risks in insured financial institutions and in the broader financial system.

  • Financial Stewardship
    The FDIC acts as a responsible fiduciary, consistently operating in an efficient and cost-effective manner on behalf of insured financial institutions and other stakeholders.

  • Fairness
    The FDIC treats all employees, insured financial institutions, and other stakeholders with impartiality and mutual respect.

Last Updated 03/06/2006

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