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A Brief History of Deposit Insurance

History of the Crisis Book Cover

This publication provides information on the state deposit insurance programs that existed in the 1800s and early 1900s, the banking crisis of 1930s, and the establishment of the FDIC. It describes the FDIC's early years, its experience during and after World War II, the turbulent decades of the 1970s and 1980s, and the recovery achieved in the 1990s. Major legislative changes and economic influences are noted. Finally, deposit insurance issues are discussed that were current at the time of the FDIC-sponsored International Conference on Deposit Insurance in 1998. The document does not fully address the savings-and-loan crisis of the 1980s because the FDIC did not receive deposit insurance responsibility for S&Ls until 1989.

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Table of Contents

Complete Book - PDF Version

Chapter 1 - Introduction

Chapter 2 - Antecedents of Federal Deposit Insurance

Chapter 3 - Establishment of the FDIC

Chapter 4 - The Early Years: 1934 – 1941

Chapter 5 - War and Recovery: 1942 – 1970

Chapter 6 - A Costly Evolution: 1971 – 1991

Chapter 7 - A Remarkable Turnaround: 1992 – 1998

Chapter 8 - Current Issues in Deposit Insurance


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