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Board of Directors

Martin J. Gruenberg

Director (Internal)
Federal Deposit Insurance Corporation

Last Updated: June 15, 2021
Martin J. Gruenberg

Martin J. Gruenberg is a member of the FDIC Board of Directors. Previously, he served as Chairman of the FDIC, receiving Senate confirmation on November 15, 2012 for a five-year term. Mr. Gruenberg served as Vice Chairman and Member of the FDIC Board of Directors from August 22, 2005 until his appointment as Chairman on November 29, 2012. He served as Acting Chairman from July 9, 2011 to November 28, 2012, and also from November 16, 2005 to June 26, 2006.

Mr. Gruenberg joined the FDIC Board after broad congressional experience in the financial services and regulatory areas. He served as Senior Counsel to Senator Paul S. Sarbanes (D-MD) on the staff of the Senate Committee on Banking, Housing, and Urban Affairs from 1993 to 2005. Mr. Gruenberg advised the Senator on issues of domestic and international financial regulation, monetary policy and trade. He also served as Staff Director of the Banking Committee's Subcommittee on International Finance and Monetary Policy from 1987 to 1992. Major legislation in which Mr. Gruenberg played an active role during his service on the Committee includes the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA); the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA); the Gramm-Leach-Bliley Act; and the Sarbanes-Oxley Act of 2002.

Mr. Gruenberg served as Chairman of the Executive Council and President of the International Association of Deposit Insurers (IADI) from November 2007 to November 2012.

Mr. Gruenberg has served as Chairman of the Board of Directors of the Neighborhood Reinvestment Corporation (NeighborWorks America) since June 2019, and a member of the Board since April 2018.

Mr. Gruenberg holds a J.D. from Case Western Reserve Law School and an A.B. from Princeton University, Woodrow Wilson School of Public and International Affairs.

Speeches & Testimony

June 15, 2021 Statement by Martin J. Gruenberg, Member, FDIC Board of Directors: FDIC Deposit Insurance Fund Restoration Plan: Semiannual Update
January 19, 2021 Statement by FDIC Board Member Martin J. Gruenberg on the Guidelines for Appeals of Material Supervisory Determinations

December 18, 2020 Remarks by Martin J. Gruenberg, Member, FDIC Board of Directors, The Financial Stability Risks of Climate Change at the Center for American Progress
December 15, 2020 Statement by FDIC Board Member Martin J. Gruenberg on the 2021 FDIC Operating Budget at the FDIC Board Meeting
December 15, 2020 Statement by FDIC Board Member Martin J. Gruenberg on the Final Rule: Parent Companies of Industrial Banks and Industrial Loan Companies at the FDIC Board Meeting
December 15, 2020 Statement by FDIC Board Member Martin J. Gruenberg on the Final Rule: Brokered Deposits and Interest Rate Restrictions at the FDIC Board Meeting
October 20, 2020 Statement by Martin J. Gruenberg, Member, FDIC Board of Directors on the Final Rule: Regulatory Capital Treatment for Investments in Certain Unsecured Debt Instruments of Global Systemically Important U.S. Bank Holding Companies
October 20, 2020 Statement by Martin J. Gruenberg, Member, FDIC Board of Directors on the Final Rule: Net Stable Funding Ratio
September 15, 2020 Statement by Martin J. Gruenberg, Member, FDIC Board of Directors on the FDIC Deposit Insurance Fund Restoration Plan
August 21, 2020 Statement by Martin J. Gruenberg, Member, FDIC Board of Directors Regulatory Capital Rule: Eligible Retained Income
July 24, 2020 Statement by Martin J. Gruenberg, Member, FDIC Board of Directors Final Rule: Incorporation of Existing Statement of Policy Regarding Requests for Participation in the Affairs of an Insured Depository Institution by Convicted Individuals
June 25, 2020 Statement by Martin J. Gruenberg, Member, FDIC Board of Directors Final Rule on Federal Interest Rate Authority
June 25, 2020 Statement by Martin J. Gruenberg, Member, FDIC Board of Directors Final Rule: Volcker Rule Prohibition on Hedge Funds and Private Equity Funds
June 25, 2020 Statement by Martin J. Gruenberg, Member, FDIC Board of Directors Final Rule: Margin and Capital Requirements for Covered Swap Entities
May 15, 2020 Statement by Martin J. Gruenberg, Member, FDIC Board of Directors; on the Interim Final Rule: Temporary Exclusion of U.S. Treasury Securities and Deposits at Federal Reserve Banks from the Supplementary Leverage Ratio
March 18, 2020 Statement by Martin J. Gruenberg, Member, FDIC Board of Directors; Application for Federal Deposit Insurance: Square Financial Services, Inc., Salt Lake City, Utah
March 18, 2020 Statement by Martin J. Gruenberg, Member, FDIC Board of Directors; Deposit Insurance Application: Nelnet Bank (In Organization)
March 17, 2020 Statement by Martin J. Gruenberg, Member, FDIC Board of Directors on the Notice of Proposed Rulemaking: Parent Companies of Industrial Banks and Industrial Loan Companies
January 30, 2020 Statement by Martin J. Gruenberg, Member, FDIC Board of Directors; Final Rule: Amendment to Securitization Safe Harbor Rule


For additional speeches and testimony from Director Gruenberg, please visit the FDIC Speech Archive.