query: who pay the cost of deposit insurance with dicgc

pos: Deposit Insurance and Credit Guarantee Corporation treated as a single account. The insurance premium is paid by the insured banks itself. This means that the benefit of deposit insurance protection is made available to the depositors or customers of banks free of cost. The Corporation has the power to cancel the registration of an insured bank if it fails to pay the premium for three consecutive half-year periods. The Corporation may restore the registration of the bank, which has been de-registered for non-payment of premium, if the concerned bank makes a request in this behalf and pays all the amounts due by way of premium from

pos: Deposit Insurance and Credit Guarantee Corporation treated as a single account. The insurance premium is paid by the insured banks itself. This means that the benefit of deposit insurance protection is made available to the depositors or customers of banks free of cost. The Corporation has the power to cancel the registration of an insured bank if it fails to pay the premium for three consecutive half-year periods. The Corporation may restore the registration of the bank, which has been de-registered for non-payment of premium, if the concerned bank makes a request in this behalf and pays all the amounts due by way of premium from

neg: Deposit Insurance and Credit Guarantee Corporation Deposit Insurance and Credit Guarantee Corporation Deposit Insurance and Credit Guarantee Corporation (DICGC) is a subsidiary of Reserve Bank of India. It was established on 15 July 1978 under Deposit Insurance and Credit Guarantee Corporation Act, 1961 for the purpose of providing insurance of deposits and guaranteeing of credit facilities. DICGC insures all bank deposits, such as saving, fixed, current, Recurring deposit for up to the limit of Rs. 100,000 of each deposits in a bank. DICGC's headquarters is in Bombay and Deputy Governor of RBI "'B.P.Kanungo" is the Chairman. The functions of the DICGC (Deposit Insurance and Credit Guarantee

neg: Deposit Insurance and Credit Guarantee Corporation forth these reforms. There have been many concerns with regards to the new bill like: Deposit Insurance and Credit Guarantee Corporation Deposit Insurance and Credit Guarantee Corporation (DICGC) is a subsidiary of Reserve Bank of India. It was established on 15 July 1978 under Deposit Insurance and Credit Guarantee Corporation Act, 1961 for the purpose of providing insurance of deposits and guaranteeing of credit facilities. DICGC insures all bank deposits, such as saving, fixed, current, Recurring deposit for up to the limit of Rs. 100,000 of each deposits in a bank. DICGC's headquarters is in Bombay and Deputy Governor of

neg: Fixed deposit are safer than Post Office Schemes as they are covered by the Deposit Insurance and Credit Guarantee Corporation (DICGC). However, DICGC guarantees amount up to ₹ 100,000 (about $1555) per depositor per bank. They also offer income tax and wealth tax benefits. Fixed deposits are a high-interest -yielding Term deposit and offered by banks in India. The most popular form of Term deposits are Fixed Deposits, while other forms of term Deposits are Recurring Deposit and Flexi Fixed Deposits (the latter is actually a combination of Demand deposit and Fixed deposit). To compensate for the low liquidity, FDs offer higher

neg: Deposit insurance October, bank deposits totaled about $18.2 trillion. India introduced Deposit Insurance in 1962. The Deposit Insurance Corporation commenced functioning on January 1, 1962 under the aegis of the Reserve Bank of India (RBI). 1971 witnessed the establishment of another institution, the Credit Guarantee Corporation of India Ltd. (CGCI). In 1978, the DIC and the CGCI were merged to form the Deposit Insurance and Credit Guarantee Corporation (DICGC). Hong Kong Deposit Protection Board is an independent and statutory institution formed to manage and supervise the operation of Deposit Protection Scheme. The maximum protection amount of deposit was HK$100,000 in 2006 (when

neg: Deposit Insurance and Credit Guarantee Corporation Corporation)are governed by the provisions of 'The Deposit Insurance and Credit Guarantee Corporation Act, 1961' (DICGC Act) and 'The Deposit Insurance and Credit Guarantee Corporation General Regulations, 1961' framed by the Reserve Bank of India in exercise of the powers conferred by sub-section (3) of Section 50 of the said Act. A maximum of ₹ 1,00,000 is insured for each user for both principal and interest amount. If the customer has accounts in different banks, all of those accounts are insured to a maximum of ₹ 1,00,000. However, if there are more accounts in same bank, all of those are

neg: Deposit Insurance and Credit Guarantee Corporation the date of default together with interest. The Financial Sector Legislative Reforms Commission (FSLRC) was a body set up by the Government of India, Ministry of Finance, on 24 March 2011, to review and rewrite the legal-institutional architecture of the Indian financial sector. In its report the FSLRC recommended a regulatory structure constituting of seven agencies including a deposit insurance-cum regulatory agency (which was named as Resolution Corporation). The present DICGC will be subsumed into the Resolution Corporation which will work across the financial system. Drawing on the best international practice, the FSLRC proposal involved a unified resolution corporation that

neg: Palai Central Bank interests of depositors in the event of similar crises led to the passing of the Deposit Insurance Act by Parliament in 1961 and the eventual formation of the Deposit Insurance & Credit Guarantee Corporation (DICGC). Another demand arose from the allegation that RBI is a bureaucratic institution insensitive to the needs of the banking sector. Its advocates called for the formation of a Superintendent of Banking like that in the US to carry out the function of supervision of banking in the country. This demand was partially met years later when Government introduced a policy to appoint a career banker

neg: Deposit Insurance Agency of Russia Deposit Insurance Agency of Russia Deposit Insurance Agency (DIA) () is a Russian state corporation (non-profit organization) providing deposit insurance in the Russian Federation. Its headquarters are located in Moscow. The DIA was established in January 2004 on the basis of the Federal law «On the Insurance of Household Deposits in Banks of the Russian Federation» # 177-FZ dated 23 December 2003. To ensure operations of deposit insurance system the Agency shall pay out deposit compensation amounts to depositors in case of insurance event; keep register of banks-participants of DIS; monitor the formation of deposit insurance Fund, including insurance premiums

neg: Deposit insurance state reflecting the extent of the deposit insurance (which could be at the choice of the banks) and the inherent risk in that particular bank. It would allow some element of differentiation between banks in level of riskiness and in the level of insurance offered. These are the Crown or State run deposit insurance corporations Related topics Deposit insurance Deposit insurance is a measure implemented in many countries to protect bank depositors, in full or in part, from losses caused by a bank's inability to pay its debts when due. Deposit insurance systems are one component of a financial system

neg: Savings Deposit Insurance Fund of Turkey Savings Deposit Insurance Fund of Turkey The Savings Deposit Insurance Fund of Turkey (), a.k.a. TMSF in abbreviated form, is the governing body concerned with matters of fund management and insurance in the Turkish banking system. The body was founded in 1933 with the name Deposit Protection Act (). In 1960, the name was changed to Bankalar Tasfiye Fonu (). The current name was adopted in 1983. TMSF is also involved in the media industry, and owns at least one asset each for every newspaper, pay television, television and radio station. In 2013, TMSF acquired some assets from Çukurova Media

neg: Perpetual insurance the single deposit premium would be $1,389, less the after-tax returns that would have been earned on investing the deposit premium (or $600, assuming a 6% after-tax rate of return) divided by $10,000, in other words, 7.89%. Perpetual insurance Perpetual insurance is a type of homeowners insurance policy written to have no term, or date, when the policy expires. From the effective start date, the coverage exists for perpetuity. The insured deposits money, called a deposit premium, with the insurer for insurance for the life of the risk. The deposit is many times larger than the cost of a non-refundable,

neg: Deposit insurance Deposit insurance Deposit insurance is a measure implemented in many countries to protect bank depositors, in full or in part, from losses caused by a bank's inability to pay its debts when due. Deposit insurance systems are one component of a financial system safety net that promotes financial stability. Banks are allowed (and usually encouraged) to lend or invest most of the money deposited with them instead of safe-keeping the full amounts (see fractional-reserve banking). If many of a bank's borrowers fail to repay their loans when due, the bank's creditors, including its depositors, risk loss. Because they rely on

neg: Deposit insurance banks while the managers kept their money and found new jobs. If deposit insurance is provided by another business or corporation, like other insurance agreements, there is a presumption that the insurance corporation would charge higher rates to or simply refuse to cover banks that engaged in extremely risky behavior, thus solving the problem of moral hazard whilst simultaneously reducing the risk of a bank run. The Bibby plan, which gets round the problem of moral hazard while still preventing bank runs would be that the state should provide deposit insurance, but the banks will pay regular premiums to the

neg: Certificate of deposit depositor for single accounts or $250,000 per co-owner for joint accounts. Some institutions use a private insurance company instead of, or in addition to, the federally backed FDIC or NCUA deposit insurance. Institutions often stop using private supplemental insurance when they find that few customers have a high enough balance level to justify the additional cost. The Certificate of Deposit Account Registry Service program lets investors keep up to $50 million invested in CDs managed through one bank with full FDIC insurance. However rates will likely not be the highest available. There are many variations in the terms and conditions

neg: Alexi Giannoulias the end of business on Friday, , the Illinois Department of Financial and Professional Regulation, Division of Banking, seized Broadway Bank and appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC in turn named MB Financial Bank as the institution receiving Broadway Bank's deposit accounts. The FDIC announced that it and MB Financial Bank would share $878.4 million in losses, for a cost of $394.3 million to the federal Deposit Insurance Fund.ur Broadway Bank made real estate development loans to Tony Rezko, a political fundraiser and real estate developer who was later convicted of fraud and money laundering.

neg: Deposit insurance retail customers to assess the financial risks of particular firms with whom they engage, or even able on their own hand to reduce their risk by using several financial banks/institutes. The report recommend this practice to continue, as the limiting of the scheme's to "retail customers (excl./incl. SME businesses)" help reduce the cost of the scheme while also helping to increase its available funds towards those who really depend on the guarantee – when being activated for protection of claimants in a certain case. From October 2008, many EU countries increased the amount covered by their deposit insurance schemes. Since

neg: Perpetual insurance Perpetual insurance Perpetual insurance is a type of homeowners insurance policy written to have no term, or date, when the policy expires. From the effective start date, the coverage exists for perpetuity. The insured deposits money, called a deposit premium, with the insurer for insurance for the life of the risk. The deposit is many times larger than the cost of a non-refundable, annual premium for an equivalent policy with a one-year term. The insurer must earn enough income from investing the deposits to cover losses and operating expenses for the model to be economically viable. Upon cancellation, the insured

neg: Bank run The term is also used when a large number of depositors in countries with deposit insurance draw down their balances below the limit for deposit insurance. The cost of cleaning up after a crisis can be huge. In systemically important banking crises in the world from 1970 to 2007, the average net recapitalization cost to the government was 6% of GDP, fiscal costs associated with crisis management averaged 13% of GDP (16% of GDP if expense recoveries are ignored), and economic output losses averaged about 20% of GDP during the first four years of the crisis. Several techniques have been

neg: Tenancy deposit scheme (England and Wales) to pay a fee to ensure the landlord will not illegally hold the deposit at the end of the tenancy. If at the end of the tenancy the landlord does not release the deposit, the insurance will pay back the tenant. This scheme is provided by deposits or the Tenancy Deposit Scheme. three companies are authorised by the UK government to run tenancy deposit schemes: TDS was the original tenancy deposit scheme - established in 2003 which many agents and landlords volunteered to use prior to the introduction of the legislation. Initially, the DPS offered only a custodial scheme while

neg: Panic of 1837 who speculated in land, cotton, and slaves. Many planters took out loans from banks under the assumption that cotton prices would continue to rise. When cotton prices dropped, however, planters could not pay back their loans, jeopardizing the solvency of many banks. These factors were particularly crucial given the lack of deposit insurance in banks. When bank customers are not assured that their deposits are safe, they are more likely to make rash decisions that can imperil the rest of the economy. Economists today have concluded that suspension of convertibility, deposit insurance, and sufficient capital requirements in banks can limit

neg: Deposit bond Deposit bond Deposit bonds are a type of Surety bond ― a financial instrument commonly used in Australia as an alternative to a cash deposit. Deposit bonds facilitate residential or commercial real property purchases. They are sometimes confused with deposit insurance, by which a bank's deposits are protected, but they are actually financial instruments that apply to real estate transactions. A buyer can use a deposit bond in the place of cash, by giving the seller a deposit bond at the time of purchase. The buyer and seller both must agree that the buyer will pay the seller the total

neg: National Credit Union Share Insurance Fund liquidated and the NCUSIF will pay member shares up to $250,000. Since the passage of the Federal Deposit Insurance Reform Act of 2005 deposits were insured for up to $100,000 per insured account, or $250,000 for certain retirement accounts. The passage of the Emergency Economic Stabilization Act of 2008 increased the amount of covered shares to $250,000 until the end of 2013. This increase was made permanent by the Dodd–Frank Wall Street Reform and Consumer Protection Act in July 2010. National Credit Union Share Insurance Fund The National Credit Union Share Insurance Fund provides deposit insurance to protect the accounts

neg: Banking in China deposits China's Big Four banks, which would not be permitted to fail in any event, would pay hefty premiums thus subsidizing smaller banks. If adopted, it is anticipated that drafting of regulations and introduction of a system of deposit insurance would take at least a year. In order to attract depositors some banks in China have introduced deposit accounts which use deposited funds to make riskier loans and offer higher interest. Introduction of a scheme of deposit insurance which guarantees only standard low-interest accounts might serve to clarify the situation, explicitly excluding such trust funds from deposit guarantees. By the

neg: Paycheck employee's draw to an amount specified by the company for a specified pay period. Some payroll card programs establish a separate account for each employee. Most payroll card accounts in the United States are insured by the Federal Deposit Insurance Corporation. Before a company can give a payroll card to a worker, the business must first contract with a payroll card program manager. The payroll card company performs required "know-your-customer" due diligence as a condition of accepting the application. Some very small businesses may decide that the cost of establishing a new relationship is too time intensive. Small businesses sometimes

neg: New York State Banking Department an insurance company to pay an insurance premium on behalf of the insured and receives repayment by the insured over a period of time. Under Article XII-B of the Banking Law, the Banking Department licenses insurance finance agencies and regulates the terms of the finance agreement. Private bankers A private bank is a bank owned by an individual or a partnership. A private bank may engage generally in the full range of commercial banking activities, as well as in investment banking activities. Safe deposit companies A safe deposit company acts as a custodian for storage of personal property and papers

neg: Tenancy deposit scheme (England and Wales) provided by the Deposit Protection Tenancy. It is free to use and the landlord or letting agents can simply pay the deposit online or over the phone. The money is held in a bank account by the Deposit Protection Scheme and transferred directly to the tenant once both parties agree on the total sum of money to release. Landlords based overseas must use the custodial Deposit Protection Service scheme unless they employ a British-registered letting agent to manage the tenancy. When the deposit is under an insurance-based scheme, the Landlord or the letting agent will hold the deposit, but have

neg: Michigan State University Federal Credit Union were required to pay a $1, one-time membership fee and maintain a $5 balance in a Spartan Saver deposit account. This fee and deposit represent each member’s ownership of MSUFCU. However, as of August 2016, the membership fee is no longer. MSUFCU offers products and services including various savings accounts, checking accounts, certificates, Individual Retirement Accounts (IRAs), personal loans, mortgages, Visa lines-of-credit, and business accounts and loans. MSUFCU teamed up with Members Home & Auto Insurance in 2007 to provide home, auto and renter’s insurance to members. MSUFCU members can perform transactions free-of-charge in person at MSUFCU’s 18 branch locations,

neg: Caisse populaire Desjardins de l'Est de Drummond v Canada of default, it was agreed that there would be compensation between the credit agreement and the term deposit. In November 2000, Camvrac defaulted on the credit agreement and later made an assignment in bankruptcy. As it had failed to remit source deductions with respect to income taxes and employment insurance premiums, which are subject to a deemed trust under the "Income Tax Act" (Canada) and the "Employment Insurance Act", the Crown gave the Caisse notice to pay the amount owing to the Crown from the proceeds of the deposit. The Caisse challenged the recovery process, contending that its obligation applied

neg: Advanta 11 bankruptcy. On March 19, 2010, Utah state regulators seized Advanta Bank Corp. The Federal Deposit Insurance Corporation was made the bank's receiver. The FDIC estimates the cost of the failure to its Deposit Insurance Fund to be approximately $635.6 million. The FDIC has arranged with Zions National Bank to accept Government ACH deposits for Advanta Bank Corp. depositors. The credit card accounts that still had balances are now being serviced by Cardworks Servicing, LLC of Pittsburgh, Pennsylvania. Some customers reported "phantom payments" they never made being applied to their account in effort to revalidate the debt and restart the

neg: Health insurance costs in the United States Health insurance costs in the United States Health insurance costs in the United States are a major factor in access to health coverage. The rising cost of health insurance leads more consumers to go without coverage and increase in insurance cost and accompanying rise in the cost of health care expenses has led health insurers to provide more policies with higher deductibles and other limitations that require the consumer to pay a greater share of the cost themselves. According to Senator Dianne Feinstein, the United States is the "only industrialized nation that relies heavily on a for-profit medical insurance industry

neg: Esperanza International water at low prices to their local communities, pay off the loans with the funds, and use the remaining profit for investments for their own ministries. Mandatory savings is a requirement for loan borrowers to deposit 5% of loan balances into a savings account in order to prepare for emergencies and future investments. Micro health insurance plans allow clinic access for consultations, emergencies, overnight stays, and dental services to those who can't get suitable healthcare otherwise. Complementary loan insurance relieves outstanding loan balances to a borrower's family when the borrower cannot work due to extreme illness, injury, or death. Esperanza

neg: Cost sharing much each of them should pay. Cost sharing In health care, cost sharing occurs when patients pay for a portion of health care costs not covered by health insurance. The "out-of-pocket" payment varies among healthcare plans and depends on whether or not the patient chooses to use a healthcare provider who is contracted with the healthcare plan's network. Examples of out-of-pocket payments involved in cost sharing include copays, deductibles, and coinsurance. In accounting, cost sharing or matching means that portion of project or program costs not borne by the funding agency. It includes all contributions, including cash and in-kind, that

neg: Irwin Conference Center landscape feels more park-like. As the number of automobiles on the streets grew in the early 1950s, spaces like this helped relieve the congestion of busy downtown areas. On September 18, 2009, the Indiana Department of Financial Institutions closed the Irwin Union Bank and Trust Company and named the Federal Deposit Insurance Corporation (FDIC) as receiver. First Financial Bank of Hamilton, Ohio, purchased all deposits and virtually all assets of Irwin Union Bank and participated in a loss-share transaction jointly with the FDIC. The FDIC estimated that the cost to the Deposit Insurance Fund (DIF) for both institutions was $850

neg: Federal Deposit Insurance Corporation FDIC activity. On August 21, 2009, Guaranty Bank, in Texas, became insolvent and was taken over by BBVA Compass, the U.S. division of Banco Bilbao Vizcaya Argentaria, the second-largest bank in Spain. This was the first foreign company to buy a failed bank during the credit crisis of 2008 and 2009. In addition, the FDIC agreed to share losses with BBVA on about $11 billion of Guaranty Bank's loans and other assets. This transaction alone cost the FDIC Deposit Insurance Fund $3 billion. On August 27, 2009, the FDIC increased the number of troubled banks to 416 in the second

neg: Kazakhstan Deposit Insurance Fund Mazhenova acts as Chair. KDIF has maintained membership in the International Association of Deposit Insurers since 2003. Deposit Insurance International Association of Deposit Insurers Kazakhstan Deposit Insurance Fund Kazakhstan Deposit Insurance Fund is a non-profit organization that guarantees deposits of individuals placed with second-tier banks of the Republic of Kazakhstan. The mission of KDIF is to maintain public confidence in, and stability of Kazakhstani financial system by insuring individual deposits and encouraging the member banks in the deposit insurance system to conduct operations with prudence and responsibility. The governing laws and regulations are laws of the Republic of Kazakhstan “On

neg: Korea Deposit Insurance Corporation actions to prevent failure. The KDIC supports an insolvent financial institution in accordance with the following four principles: Least Cost Principle, Loss-Sharing Principle, Self-Help Effort Principle and Transparency/Objectivity Principle. And the KDIC usually uses one of two methods: deposit payoff and financial assistance. Financial assistance includes loan extension and fund deposit, purchase of assets and assumption of liabilities, equity investment and contributions. The KDIC resolves a failed financial institution in the least costly manner. Employing a variety of measures from deposit payoff, to purchase & assumption, to the establishment of a bridge bank and to an open bank assistance, the

neg: Liquidity crisis in the event that the asset price falls below a threshold. Such 'Asset Purchases' will help drive up the demand and consequently the price of the asset in question, thereby easing the liquidity shortage faced by borrowers. Alternatively, the Government could provide 'deposit insurance', where it guarantees that a promised return will be paid to all those who withdraw. In the framework of the Diamond Dybvig model, demand deposit contracts with government deposit insurance help achieve the optimal equilibrium if the Government imposes an optimal tax to finance the deposit insurance. Alternative mechanisms through which the Central Bank could intervene

neg: Deposit insurance the Hong Kong Deposit Protection Board was set up), it is now with a limit up to HK$500,000 (or equivalent in RMB or other foreign currency). Deposit Insurance Corporation of Japan, founded in 1971 and based in Tokyo, oversees this function for institutes other than agricultural and fishery co-operative . For agricultural and fishery co-operative and Norinchukin, oversees this. Malaysia introduced its Deposit Insurance System in September 2005. Malaysia Deposit Insurance Corporation (MDIC) (Malay: "Perbadanan Insurans Deposit Malaysia (PIDM)") is a statutory body formed under the Malaysia Deposit Insurance Corporation Act ("Akta Perbadanan Insurans Deposit Malaysia"). All commercial and Islamic

neg: Medical tourism in India & accommodation. Some medical insurance policies do not cover full cost of medical treatment & the patient is made to pay a fraction of the cost. Sometimes even this fraction of the cost becomes unaffordable & Medical Tourism becomes the most feasible option. People with no medical insurance are the ones who are highly involved in medical tourism. Most estimates found that treatment costs in India start at around one-tenth of the price of comparable treatment in the United States or the United Kingdom. The most popular treatments sought in India by medical tourists are alternative medicine, bone-marrow transplant, cardiac

neg: Power of attorney in acts that would constitute the unauthorized practice of law. In the context of the unincorporated reciprocal inter-insurance exchange (URIE) the attorney-in-fact is a stakeholder/trustee who takes custody of the subscriber funds placed on deposit with him, and then uses those funds to pay insurance claims. When all the claims are paid, the attorney-in-fact then returns the leftover funds to the subscribers. The Uniform Power of Attorney Act employs the term "agent". As an agent, an attorney-in-fact is a fiduciary for the principal, so the law requires an attorney-in-fact to be completely honest with and loyal to the principal in

neg: Perpetual insurance to net the amount of an annual premium for a term policy, divided by the amount of the deposit premium. For example, a house which costs $150,000 may typically be charged an annual premium of $1,000 for a term policy. That same house would likely require a $10,000 single deposit premium for a perpetual insurance policy of equivalent coverage. A person in the 28% Tax bracket would need to earn $1,389 in gross income to pay the annual premium. Since that amount no longer needs to be paid annually, the tax-adjusted, equivalent rate of return to the insured homeowner on

neg: Affordable Care Act tax provisions paid in advance directly to a healthcare insurance company to offset the cost of monthly health insurance premiums. For the 2015 tax year 1.6 million taxpayers overestimated the amount they were supposed to receive for the advance tax premium. The average amount owing was $800. Households with (Modified Adjusted Gross) income of 100-250% of the Federal poverty level (FPL) may also receive cost-sharing subsidies if they are enrolled in a silver plan through a healthcare exchange. The subsidy reduces the amount a household must pay out-of-pocket. Starting in 2014 all tax-filers must have healthcare insurance. Tax-filers who obtain qualifying healthcare

neg: Health care finance in the United States by an uninsured patient. In return for this discount, the insurance company includes the doctor as part of their "network", which means more patients are eligible for lowest-cost treatment there. The negotiated rate may not cover the cost of the service, but providers (hospitals and doctors) can refuse to accept a given type of insurance, including Medicare and Medicaid. Low reimbursement rates have generated complaints from providers, and some patients with government insurance have difficulty finding nearby providers for certain types of medical services. Charity care for those who cannot pay is sometimes available, and is usually funded by non-profit

neg: Golden State Mutual Life Insurance Company need. He partnered with fellow insurance salesman Norman O. Houston and businessman George A. Beavers, Jr. to secure 500 pre-paid life insurance applications as well as the $15,000 deposit required by California. Houston raised the $15,000 and Beavers found 500 blacks that would pay premiums for a company that was yet to be established. On July 23, 1925 they opened as the Golden State Guarantee Fund Insurance Company in a one-room office at 1435 Central Avenue, Los Angeles, with few amenities and $17,800 in capital. Within three months the company had outgrown its office and moved to a storeroom at

neg: Credit union the United States' credit union movement and an affiliate of CUNA. In the United States, federal credit unions are chartered by and overseen by the National Credit Union Administration (NCUA), which also provides deposit insurance similar to the manner in which the Federal Deposit Insurance Corporation (FDIC) provides deposit insurance to banks. State-chartered credit unions are overseen by the state's financial regulation agency and may, but are not required to, obtain deposit insurance. Because of problems with bank failures in the past, no state provides deposit insurance and as such there are two primary sources for depository insurance – the

neg: Good Sam Enterprises to Ventura, California. In 1997 the bank was renamed Affinity Bank and in 1999, AGI transferred ownership to Affinity Bank Holdings, Inc. a separate entity controlled by Adams U.S. bank regulators closed Affinity Bank of Ventura, California on August 28, 2009. The Federal Deposit Insurance Corp said Affinity had $1 billion in assets and about $922 million in deposits. Pacific Western Bank of San Diego agreed to assume all the deposits of Affinity. Affinity Bank had 10 branches. The FDIC estimates Affinity's failure will cost its deposit insurance fund $254 million. In March 1997, as part of the Company’s $130

neg: Baltic states housing bubble 2009. Bank of Estonia has also imposed the requirements to maintain reserve requirements of 15%, having strong bank regulatory and supervisory frameworks that includes capital requirements of 10% (international norm 8%), as well as limited deposit guarantee scheme. In addition to that, deposit guaranty scheme (also known as deposit insurance) has been raised from €20,000 to €50,000 effective from 23 October 2008. This coverage would covers more than 90% of deposit in the banking sector of Estonia. To raise the Guarantee Fund, banks in Estonia were required to pay quarterly premiums to the fund at a flat rate of 0.125%

neg: Health insurance coverage in the United States increased rates due to medical underwriting and those who qualified for standard or preferred premiums. Some states have outlawed medical underwriting as a prerequisite for individually purchased health coverage. These states tend to have the highest premiums for individual health insurance. Americans who are uninsured may be so because their job does not offer insurance; they are unemployed and cannot pay for insurance; or they may be financially able to buy insurance but consider the cost prohibitive. During 2009 the continued low employment rate has negatively affected those who had previously been enrolled in employment-based insurance policies. Census Bureau states

neg: Korea Deposit Insurance Corporation Korea Deposit Insurance Corporation The Korea Deposit Insurance Corporation (KDIC) is a deposit insurance corporation, established in 1996 in South Korea to protect depositors and maintain the stability of the financial system. The main functions of KDIC are insurance management, risk surveillance, resolution, recovery, and investigation. The Depositor Protection Act was enacted on December 29, 1995, and the KDIC established on June 1, 1996. The KDIC began its operations as a deposit insurer on January 1, 1997, collecting The first deposit insurance premiums on April 30 that year. The first Deposit Insurance Fund Bond was issued on January 3, 1998,

neg: Prosthesis other factors: In the USA a typical prosthetic limb costs anywhere between $15,000 and $90,000, depending on the type of limb desired by the patient. With medical insurance, a patient will typically pay 10%–50% of the total cost of a prosthetic limb, while the insurance company will cover the rest of the cost. The percent that the patient pays varies on the type of insurance plan, as well as the limb requested by the patient. In the United Kingdom, much of Europe, Australia and New Zealand the entire cost of prosthetic limbs is met by state funding or statutory insurance.

neg: King v. Burwell reconciliation process were limited to budget related provisions by the Byrd Rule. Plaintiffs argue that they have standing because, without the subsidies, they would be exempt from the individual mandate because the cost of the cheapest insurance plan exceeded 8% of their income, but, with the subsidies, the subsidized cost was low enough to require plaintiffs to purchase insurance or pay a penalty. In February 2015, "The Wall Street Journal" and "Mother Jones" investigated the four plaintiffs. Two of the plaintiffs were Vietnam War veterans, who would be eligible for free care. Another plaintiff provided the court with a motel

neg: Theory of decreasing responsibility the theory. A contrarian view is that this theory relies on stereotypes and fails to consider unforeseen contingencies. Sometimes responsibilities increase instead of decrease. This is true if the insured has properties that incur taxes upon death. However, as the insured ages, cost of insurance also increases. Premiums will not be enough to pay for the increasing cost of insurance. Cash value comes to the rescue. When the insured dies, death benefits pay for tax obligations, while the insurance company keeps the cash value. The cash value built-in to a permanent insurance policy has a limited tax advantage depending on

neg: Deposit insurance private entities. There are a number of countries with more than one deposit insurance system in operation including Austria, Canada (Ontario & Quebec), Germany, Italy, and the United States. On the other hand, one deposit insurance system can cover more than one country: for example, many banks in the Marshall Islands and the Federated States of Micronesia are insured by the US Federal Deposit Insurance Corporation. According to the IADI, as of 31 January 2014, 113 countries have instituted some form of explicit deposit insurance up from 12 in 1974. Another 41 countries are considering the implementation of an explicit

neg: California Speaks complex set of requirements that employers provide health insurance or pay into a state insurance pool, that health care providers and insurers pay a new fee, and that all individuals be legally required to carry health insurance. The state would use the new fees to expand free or low-cost health insurance to those with low incomes, would allow higher income individuals to purchase “catastrophic” insurance, and would require insurance companies to sell insurance to any applicant (called guaranteed issue) By mid-year, two different Democratic proposals that overlapped the Governor’s proposal had merged into Assembly Bill 8 (AB8) and were seen

neg: Federal Deposit Insurance Corporation funds. The procedures require the FDIC to choose the resolution alternative that is least costly to the deposit insurance fund of all possible methods for resolving the failed institution. Bids are submitted to the FDIC where they are reviewed and the least cost determination is made. A receivership is designed to market the assets of a failed institution, liquidate them, and distribute the proceeds to the institution's creditors. The FDIC as receiver succeeds to the rights, powers, and privileges of the institution and its stockholders, officers, and directors. The FDIC may collect all obligations and money due to the institution,

neg: International Association of Deposit Insurers International Association of Deposit Insurers The International Association of Deposit Insurers (IADI) was formed on 6 May 2002 with the purpose of sharing deposit insurance expertise with the world and contributing to the stability of financial systems as the standard setter for deposit insurance with a global and expanding membership. IADI is a non-profit organisation constituted under Swiss Law and a separate legal entity domiciled at the Bank for International Settlements (BIS) in Basel, Switzerland. The International Association of Deposit Insurers (IADI) is the global standard-setting body for deposit insurance systems. It contributes to the stability of financial systems by

neg: Matrix of domination the United States could be the result of employers compensating for the higher cost of employer-sponsored health insurance. This further perpetuates gender discrimination because it means that firms who offer ESI (Employer Sponsored Insurance) will prefer to hire males. Another effect of women generally having greater healthcare expenses than men is that they are likely to place a higher value on insurance and be more inclined to pass up jobs for insurance-related reasons. This lowers the probability of obtaining jobs that pay higher wages directly and decrease a woman's bargaining power with her current employer. Indeed, health insurance has a

neg: Federal Deposit Insurance Corporation discussion on deposit insurance. In 1893, William Jennings Bryan presented a bill to Congress proposing a national deposit insurance fund. No action was taken, as the legislature paid more attention to the agricultural depression at the time. After 1907, eight states established deposit insurance funds. Due to the lax regulation of banks and the widespread inability of banks to branch; small, local unit banks—often with poor financial health—grew in numbers, especially in the western and southern states. In 1921, there were about 31,000 banks in the US. The Federal Reserve Act initially included a provision for nationwide deposit insurance, but

neg: Korea Deposit Insurance Corporation financial institutions. The KDIC pursues liability claims against former/incumbent employees of insolvent financial institutions for their role in the failure. It also conducts investigations of owners, employees, etc. of default debtor corporations who failed to pay back the money they owed and thus are partially responsible for the insolvency. In addition, the KDIC conducts thorough investigations of concealed properties of insolvency-implicated parties to secure the assets for damage claims against them. The KDIC insures banks, financial investment companies, life and non-life insurance companies, merchant banks and mutual savings banks. As of the end of 2009, 321 financial institutions' products were

neg: Group insurance and for other groups would be the entity that has an insurable interest in the lives of its members. So in the case of a bank it could be said to have an insurable interest in the lives of its members who hold a deposit or have taken a loan. The Master Policy Holder also ensures each member gets their certificate of coverage stating the details of the premium paid, cover available, term of the cover and the claims process A feature which is sometimes common in group insurance is that the premium cost on an individual basis is not

neg: Financing Corporation by the FSLIC Resolution Fund, or to refund any previously issued obligations. The Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of 1991 terminated FICO's borrowing authority. After FIRREA, FICO bond payments were to come out of Federal Deposit Insurance Corporation (FDIC) Savings Association Insurance Fund (SAIF) premiums instead of FSLIC premiums. The Deposit Insurance Funds Act of 1996 required Bank Insurance Fund (BIF) members to share the FICO bond interest obligation with the Savings Association Insurance Fund (SAIF) members. The Federal Deposit Insurance Reform Act of 2005 merged the BIF and the SAIF into a new fund, the Deposit

neg: Kazakhstan Deposit Insurance Fund Kazakhstan Deposit Insurance Fund Kazakhstan Deposit Insurance Fund is a non-profit organization that guarantees deposits of individuals placed with second-tier banks of the Republic of Kazakhstan. The mission of KDIF is to maintain public confidence in, and stability of Kazakhstani financial system by insuring individual deposits and encouraging the member banks in the deposit insurance system to conduct operations with prudence and responsibility. The governing laws and regulations are laws of the Republic of Kazakhstan “On banks and banking activity” (1993) and Law of the Republic of Kazakhstan “On mandatory insurance of deposits placed with the second-tier banks of the

neg: Federal Deposit Insurance Corporation characteristics of FDIC deposit insurance, and addresses common questions asked by bank customers about deposit insurance. Only the above types of accounts are insured. Some types of uninsured products, even if purchased through a covered financial institution, are: Federal Deposit Insurance Corporation The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation providing deposit insurance to depositors in U.S. commercial banks and savings institutions. The FDIC was created by the 1933 Banking Act, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's

neg: 1933 Banking Act had reluctantly accepted that no banking reform bill would pass Congress without deposit insurance, but President Roosevelt and Treasury Secretary William Woodin continued to resist such insurance during their negotiations with the Senate subcommittee. On April 25, 1933, Roosevelt asked for two weeks to consider the deposit insurance issue. In early May, Roosevelt announced with Glass and Steagall that they had agreed "in principle" on a bill. On May 10, 1933, Glass introduced his revised bill (S. 1631) in the Senate. The most important change was a new provision for deposit insurance. As Roosevelt demanded, deposit insurance was based on

neg: Korea Deposit Insurance Corporation that hit Korea in 1998. A mass layoff and restructuring followed. Korea Deposit Insurance Corporation The Korea Deposit Insurance Corporation (KDIC) is a deposit insurance corporation, established in 1996 in South Korea to protect depositors and maintain the stability of the financial system. The main functions of KDIC are insurance management, risk surveillance, resolution, recovery, and investigation. The Depositor Protection Act was enacted on December 29, 1995, and the KDIC established on June 1, 1996. The KDIC began its operations as a deposit insurer on January 1, 1997, collecting The first deposit insurance premiums on April 30 that year. The

neg: Kenya Deposit Insurance Corporation Kenya Deposit Insurance Corporation The Kenya Deposit Insurance Corporation (KDIC) is a Kenya government corporation providing deposit insurance to depositors in Kenyan banks and deposit-taking microfinance institutions. The KDIC was created by act of parliament in May 2012. At the time KDIC was established in 2012, it was an integral part of the Central Bank of Kenya, the country's central bank and banking regulator. The law also established the Deposit Insurance Fund (the Fund), replacing the Deposit Protection Fund. KDIC, by law is mandated to administer the Fund, by collecting contributions for the Fund from member institutions; and holding, managing,

neg: American International Group as a clerk in its London office in 1970. AIG then took on tens of billions of dollars of risk associated with mortgages. It insured tens of billions of dollars of derivatives against default, but did not purchase reinsurance to hedge that risk. Secondly, it used collateral on deposit to buy mortgage-backed securities. When losses hit the mortgage market in 2007-2008, AIG had to pay out insurance claims and also replace the losses in its collateral accounts. AIG purchased the remaining 39% that it did not own of online auto insurance specialist 21st Century Insurance in 2007 for $749 million.

neg: Moral hazard to pay for more of the negative consequences from risk as insurance coverage increases. For example, without medical insurance, some may forgo medical treatment due to its costs and simply deal with substandard health. But after medical insurance becomes available, some may ask an insurance provider to pay for the cost of medical treatment that would not have occurred otherwise. Sometimes moral hazard is so severe it makes insurance policies impossible. Coinsurance, co-payments, and deductibles reduce the risk of moral hazard by increasing the out-of-pocket spending of consumers, which decreases their incentive to consume. Thus, the insured have a financial

neg: Health insurance in the United States of medical expense insurance, patients were expected to pay all other health care costs out of their own pockets, under what is known as the fee-for-service business model. During the middle to late 20th century, traditional disability insurance evolved into modern health insurance programs. Today, most comprehensive private health insurance programs cover the cost of routine, preventive, and emergency health care procedures, and also most prescription drugs, but this was not always the case. The rise of private insurance was accompanied by the gradual expansion of public insurance programs for those who could not acquire coverage through the market. Hospital

neg: Death of Nataline Sarkisyan in the decision because it only administered the insurance plan and would not bear the cost of any operation. The cost of a liver transplant and one year of follow-up care was $450,000 in 2005. UCLA declined two livers while waiting for insurance approval from Cigna. Ms. Sarkisyan's family was also informed that they could proceed with the transplant if they could make a down-payment of $75,000. Among the groups who publicly spoke out against Cigna's decision was the California Nurses Association/National Nurses Organizing Committee. After public media attention grew, Cigna reversed its decision, but offered to pay for the

neg: The Path to Prosperity that: "Under the proposal, most beneficiaries who receive premium support payments would pay more for their healthcare than if they participated in traditional Medicare under either of CBO's long-term scenarios. CBO estimated that, in 2030, a typical 65-year old would pay 68 percent of the benchmark under the proposal, compared with 25 percent under the extended-baseline scenario and 30 percent under the alternative fiscal scenario." The benchmark refers to the estimated cost of a private health insurance plan with a benefit package comparable to Medicare. The additional cost was because both administrative costs (including profits) and payment rates to providers

neg: Deposit insurance Insurance Ordinance 1984". In July 2007 the Ordinance was repealed by an Act passed by the parliament called "The Bank Deposit Insurance Act 2000". At present, Deposit Insurance system in Bangladesh is administered by the said Act. In accordance to the Act Bangladesh Bank is authorized to carry out a Fund is called the "Deposit Insurance Trust Fund(DITF)". The DITF is administered and managed by a Trustee Board. In case of winding up of an insured bank, every depositor of the bank will be paid an amount not exceeding to BDT 100,000 as per "The Bank Deposit Insurance Act 2000".

neg: Savings Deposit Insurance Fund of Turkey Group after the company was forced to sell due to tax debts. The institution was initially overseen by the Central Bank of Turkey, however, it later became attached to the Prime Minister's office. Savings Deposit Insurance Fund of Turkey The Savings Deposit Insurance Fund of Turkey (), a.k.a. TMSF in abbreviated form, is the governing body concerned with matters of fund management and insurance in the Turkish banking system. The body was founded in 1933 with the name Deposit Protection Act (). In 1960, the name was changed to Bankalar Tasfiye Fonu (). The current name was adopted in 1983.

neg: Deposit insurance coming from economies of scale, namely pooling and netting. To protect local banks in poorer states, the federal government created deposit insurance. Many national deposit insurers are members of the International Association of Deposit Insurers (IADI), an international organization established to contribute to the stability of financial systems by promoting international cooperation and to encourage wide international contact among deposit insurers and other interested parties. Deposit insurance institutions are for the most part government run or established, and may or may not be a part of a country’s central bank, while some are private entities with government backing or completely

neg: Alliant Credit Union high rate checking option. Consumer loans include mortgages, home equity, vehicle, student, and personal loans. Alliant also offers investment services and insurance. Alliant's services include Alliant online banking, free bill pay, mobile deposit, ATM deposit, eDeposit, and eDepositPlus. eDeposit gives qualified Alliant members the ability to make deposits online before mailing the actual checks in special eDeposit envelopes to the credit union. eDepositPlus allows members to remotely deposit checks using a home scanner. Currently, Alliant has a 24/7 member contact center, 14 service centers, and over 80,000 surcharge-free ATMs located around the world. The Alliant Credit Union Foundation is a

neg: Federal Deposit Insurance Corporation as receiver for three banks in Puerto Rico at a cost of $5.3 billion. In 2010, 157 banks with approximately $92 billion in total assets failed. In 2010, a new division within the FDIC, the Office of Complex Financial Institutions, was created to focus on the expanded responsibilities of the FDIC by the Dodd-Frank Act for the assessment of risk in the largest, systemically important financial institutions, or SIFIs. Between 1989 and 2006, there were two separate FDIC funds – the Bank Insurance Fund (BIF), and the Savings Association Insurance Fund (SAIF). The latter was established after the savings and

neg: Blue Ridge School District employee), vision insurance (at no cost to employee), dental insurance (at no cost to employee), income protection insurance (at no cost to the employee), professional development reimbursement, 2 paid personal days, 10 sick days (which accumulate)) and other benefits. Upon retirement teachers receive pay for unused sick and personal days at $85 per day. Teachers are paid extra if they are required to work outside of the regular school day According to State Rep. Glen Grell, a trustee of the Pennsylvania Public School Employees’ Retirement System Board, a 40-year educator can retire with a pension equal to 100 percent of

neg: Executive compensation in the United States options, does not impose a direct cost on the corporation dispensing it. It does, however, cost company stockholders by increasing the number of shares outstanding and thus, diluting the value of their shares. To minimize this effect, corporations often buy back shares of stock (which does cost the firm cash income). To work around the restrictions and the political outrage concerning executive pay practices, some corporations—banks in particular—have turned to funding bonuses, deferred pay, and pensions owed to executives by using life insurance policies. The practice, sometimes called "janitor's insurance", involve a bank or corporation insuring large numbers of its

neg: StoreKing services like payments, insurance, domestic remittance, investment and logistics. Retailers affiliated to StoreKing can also pay bills, recharge mobiles and deposit insurance premium online. StoreKing Store King is a network distribution platform, connecting small towns and villages of India. It is India's largest rural distribution network. The company was established by Sridhar Gundaiah and Govardhan Krishnappa in 2012 with it's headquarter in Banglore. The retailer is able to consummate transactions on behalf of a customer for products as well as services. Brands like Xiaomi, Amazon India (2016), Indian Oil, SBI, Paytm and other big companies are partnered with StoreKing to

neg: Deposit insurance Deposit in Thailand was fully guaranteed until 10 August 2011. From 11 August 2011 until 10 August 2012, the coverage dropped to 50 million baht per depositor per bank. Since then coverage has been limited to THB one million per depositor per bank. When a nation state has a deposit insurance scheme, foreign investors (aka non-resident bank depositors) are more likely to "passively deposit" larger amounts of money in the banks of said nation state (that has a bank deposit insurance scheme). Having a "bank deposit insurance scheme" (for all practical purposes) guarantees that a nation state will more likely

neg: Cost sharing Cost sharing In health care, cost sharing occurs when patients pay for a portion of health care costs not covered by health insurance. The "out-of-pocket" payment varies among healthcare plans and depends on whether or not the patient chooses to use a healthcare provider who is contracted with the healthcare plan's network. Examples of out-of-pocket payments involved in cost sharing include copays, deductibles, and coinsurance. In accounting, cost sharing or matching means that portion of project or program costs not borne by the funding agency. It includes all contributions, including cash and in-kind, that a recipient makes to an award.

neg: Philippine Deposit Insurance Corporation accounts of deceased depositors with deposit balances not exceeding P5,000 establishment of emergency pay-out facility to enable PDIC to respond to humanitarian needs of depositors. The facility allows the PDIC President to approve payment of the actual amount of claims or P5,000, whichever is lower, even before the official start of the claims settlement operations in a closed bank. Said amount was subsequently increased up to the MDIC of P100,000. In the year 2004 the institution make amendments for the aim to protect depositors from loss. Republic Act 9302, or the Amendments to the PDIC Charter, was passed into law.

neg: Credit Union Share Insurance Fund Parity Act federal insurance to those accounts. While, in some cases, increasing insured deposits would raise the cost of resolving a failed credit union, the CBO expects net costs to the federal government in this case would be insignificant. By definition, deposits into IOLTAs are nominal in size and are held for a short period of time; thus, they make up a very small percentage of a credit union’s liabilities. Second, IOLTA deposits already receive federal insurance through the Federal Deposit Insurance Corporation (FDIC). Any deposits insured as a result of this legislation that were previously held by an FDIC-insured institution are

neg: Health care reforms proposed during the Obama administration exist without it. In November 2009, The Economist estimated that taxing employer-provided health insurance (which is presently exempt from tax) would add $215 billion per year to federal tax revenue. Employer-provided health insurance receives uncapped tax benefits. According to the OECD, it "encourages the purchase of more generous insurance plans, notably plans with little cost sharing, thus exacerbating moral hazard". Consumers want unfettered access to medical services; they also prefer to pay through insurance or tax rather than out of pocket. These two needs create cost-efficiency challenges for health care. Some studies have found no consistent and systematic relationship between

neg: Kenya Deposit Insurance Corporation of Kenya's banking laws and regulations, during the previous twelve months. KDIC's headquarters are located at 1st Floor, CBK Pension House, Harambee Avenue, in Nairobi, Kenya, capital and largest city. Kenya Deposit Insurance Corporation The Kenya Deposit Insurance Corporation (KDIC) is a Kenya government corporation providing deposit insurance to depositors in Kenyan banks and deposit-taking microfinance institutions. The KDIC was created by act of parliament in May 2012. At the time KDIC was established in 2012, it was an integral part of the Central Bank of Kenya, the country's central bank and banking regulator. The law also established the Deposit

neg: Nigeria Deposit Insurance Corporation Nigeria Deposit Insurance Corporation The Nigeria Deposit Insurance Corporation (NDIC) was established on 15 June 1988 to strengthen the safety net for the newly liberalized banking sector, following the recommendation of former Central Bank of Nigeria governor Ola Vincent. The NDIC provides a safety net for depositors in the newly liberalized banking sector. The NDIC is a parastatal under the Nigerian Ministry of Finance. The corporation is charged with protecting the banking system from instability occasioned by runs and loss of depositors' confidence. It operates under the Nigeria Deposit Insurance Corporation Act (1990). The NDIC is a member of the

neg: Nigeria Deposit Insurance Corporation and 2001 from the Lead Bank, since liquidated. Nigeria Deposit Insurance Corporation The Nigeria Deposit Insurance Corporation (NDIC) was established on 15 June 1988 to strengthen the safety net for the newly liberalized banking sector, following the recommendation of former Central Bank of Nigeria governor Ola Vincent. The NDIC provides a safety net for depositors in the newly liberalized banking sector. The NDIC is a parastatal under the Nigerian Ministry of Finance. The corporation is charged with protecting the banking system from instability occasioned by runs and loss of depositors' confidence. It operates under the Nigeria Deposit Insurance Corporation Act

neg: Drug coupon doctor's office staff without the benefit of a prescription. The storage of drug samples is largely unregulated, leading to the possibility of spoilage or pilferage. Additionally, in case of a recall or other similar event there is a paper trail that simplifies patient notification. Critics of prescription drug coupon programs have argued that these programs lead to higher healthcare costs for consumers. Typically, American patients with health insurance pay a percentage of the cost of a prescription drug out of pocket, with insurance companies responsible for the rest of the medication's cost. Insurance companies charge higher copayments for brand-name drugs

neg: Deposit Insurance and Credit Guarantee Corporation will deal with an array of financial firms such as banks and insurance companies; it will not just be a bank deposit insurance corporation. It will concern itself with all financial firms which make highly intense promises to consumers, such as banks, insurance companies, defined benefit pension funds, and payment systems. It will also take responsibility for the graceful resolution of systemically important financial firms, even if they have no direct links to consumers. The Government of India introduced the Financial Resolution and Deposit Insurance bill, 2017 (FRDI bill) in Lok Sabha in the Monsoon session of 2017 to bring

neg: Deposit insurance to NT$3,000,000 is covered by the Central Deposit Insurance Corporation. It was raised from the previous insurance coverage of NT$1,500,000. (or equivalent in dollar or other foreign currency). The complete deposit protection system was introduced in Thailand by the establishment of the Deposit Protection Agency (DPA) on 11 August 2008, in accordance with the Deposit Protection Agency Act B.E. 2551. The objectives of the Agency as specified by law are providing protection to deposits in financial institutions system; administration of institutions subject to control under the Financial Institutions Businesses Act and liquidation of financial institutions whose licenses have been revoked.

neg: Deposit insurance (a securities dealer) in Lugano and with Kauphting (Luxembourg) SA, Geneva branch which was closed on October 9, 2008. Clients of this bank received the payments (at the time up to CHF 30 000 per customer) within three weeks. Deposit insurance in Turkey is handled by Savings Deposit Insurance Fund ("Tasarruf Mevduatı Sigorta Fonu") and covers a maximum of 100,000 TL.(approx. $30,000) The system of deposit guarantee in Ukraine operates according to the Law of Ukraine «On Households Deposit Guarantee System» of February 23, 2012, Ref. number 4452-VI. and covers deposits up to 200,000 UAH (about 7,550 US dollars or

neg: Certificate of Deposit Account Registry Service Certificate of Deposit Account Registry Service The Certificate of Deposit Account Registry Service (CDARS), is a US for-profit service that breaks up large deposits (from individuals, companies, nonprofits, public funds, etc.) and places them across a network of more than 3000 banks and savings associations around the United States. This allows depositors to deal with a single bank that participates in CDARS but avoid having funds above the Federal Deposit Insurance Corporation (FDIC) deposit insurance limits in any one bank. The service can place multiple millions in deposits per customer and make all of it qualify for FDIC insurance coverage.

neg: Diamond–Dybvig model have a real need for cash from obtaining access to their money, it also prevents immediate bankruptcy, thus allowing the bank to wait for its loans to be repaid, so that it has enough resources to pay back some or all of its deposits. However, Diamond and Dybvig argue that unless the total amount of real expenditure needs per period is known with certainty, suspension of convertibility cannot be the optimal mechanism for preventing bank runs. Instead, they argue that a better way of preventing bank runs is deposit insurance backed by the government or central bank. Such insurance pays

neg: Kirk Caldwell June 2018, Caldwell responded to an increasing homeless population by having legislation crafted to outlaw living in parks, sleeping and resting on sidewalks, and obstructing sidewalks with personal possessions, combined with aggressive referrals to shelters. The city had made similar efforts that resulted in a win for homeless advocates at the cost of a half million dollars. His wife, Donna Tanoue, was chairwoman of the Federal Deposit Insurance Corporation from 1998 to 2001. Kirk Caldwell Kirk William Caldwell (born September 4, 1952) is an American politician who is the 14th and current Mayor of Honolulu, Hawaii, since 2013. A member

neg: Insured Network Deposit Insured Network Deposit The Insured Network Deposits (IND) service is a deposit sweep service for broker-dealers and other custodians of funds. Using the service, broker-dealers automatically transfer, or “sweep,” unused cash balances from customer brokerage accounts to interest-bearing deposit accounts at banks insured by the Federal Deposit Insurance Corporation (FDIC) and savings associations. The banks may be affiliated or unaffiliated with the broker-dealer. By sweeping funds to multiple banks, broker-dealers that use the IND service offer their customers access to FDIC insurance at multiple banks and, therefore, in larger amounts than the standard FDIC insurance limit for any one bank.

neg: Peer to peer investing from which lenders are recompensed if a borrower is unable to pay the loan back. Unlike depositing money in banks, peer-to-peer lenders can choose themselves whether to lend their money to safer borrowers with lower interest rates or to riskier borrowers with higher returns. Peer-to-peer lending is treated legally as investment and the repayment in case of borrower defaulting is not guaranteed by the federal government (U.S. Federal Deposit Insurance Corporation) the same way bank deposits are. A class action lawsuit, "Hellum v. Prosper Marketplace, Inc." is currently pending in Superior Court of California on behalf of all investors who

neg: United States federal civil service Deposit Insurance Corporation (FDIC) and the National Railroad Passenger Corporation. There were 456 federal agencies in 2009. The pay system of the United States government civil service has evolved into a complex set of pay systems that include principally the General Schedule (GS) for white-collar employees, Federal Wage System (FWS) for blue-collar employees, Senior Executive System (SES) for Executive-level employees, Foreign Service Schedule (FS) for members of the Foreign Service and more than twelve alternate pay systems that are referred to as alternate or experimental pay systems such as the first experimental system China Lake Demonstration Project. The current system

neg: United States federal civil service the Executive Schedule for high-ranking federal employees, and the pay schedules for the United States Postal Service and the Foreign Service. In addition, some federal agencies—such as the United States Securities and Exchange Commission, the Federal Reserve System, and the Federal Deposit Insurance Corporation—have their own unique pay schedules. All federal employees in the GS system receive a base pay that is adjusted for locality. Locality pay varies, but is at least 10% of base salary in all parts of the United States. The following salary ranges represent the lowest and highest possible amounts a person can earn in base

neg: Deposit insurance covers deposits up to a maximum of ALL2,500,000 (around USD23,000). Deposit insurance in Andorra is handled by the "Institut Nacional Andorrà de Finances" and covers deposits up to a maximum limit of EUR100,000 made by natural persons and legal entities, irrespective of their nationality or domicile. Deposit insurance in Belarus is handled by the Agency of Deposit Compensation ("Агенцтва гарантаванага пакрыцця банкаўскіх укладаў") and covers 100% of deposits, but only those belonging to individuals, not organizations. Deposit insurance in Iceland is handled by Depositors' and Investors' Guarantee Fund ("Tryggingarsjóður") and covers a minimum of 20 887 euros. However, the fund