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Federal Deposit
Insurance Corporation

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

FDIC Governance

The Federal Deposit Insurance Act (12 U.S.C. 1811 et seq.) generally sets forth the authorities of the FDIC and vests responsibility for its management in a five-member Board of Directors.  The Board has adopted Bylaws and delegations of authority governing the exercise of those responsibilities.

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