This staff study addresses the issues concerning the proposal to establish
a single federal charter for banks and savings associations. The study
discusses the differences in the powers of banking organizations and thrift
organizations. It also reviews the arguments and evidence for and against
a unification of the federal charters for depository institutions.
The author describes the use of sampling in a financial setting and focuses,
as an illustration, on some of the methods used by the FDIC to value assets
in liquidation. By using sampling, as opposed to valuing each asset, significant
cost savings are achieved while ensuring the accuracy and quality of the
This regular feature of the FDIC Banking Review contains information on
regulatory agency actions, state legislation and regulation, and articles
and studies pertinent to banking and deposit insurance issues.
The views expressed are those of the authors and do not necessarily reflect
official positions of the Federal Deposit Insurance Corporation. Articles
may be reprinted or abstracted if the FDIC Banking Review and author(s)
are credited. Please provide the FDIC's Division of Research and Statistics
with a copy of any publications containing reprinted material.
Single-copy subscriptions are available to the public free of charge. Requests
for subscriptions, back issues or address changes should be mailed to:
FDIC Banking Review, Office of Corporate Communications, Federal Deposit
Insurance Corporation, 550 17th Street, N.W., Washington, DC 20429.