Journal Article

The national depositor preference law

Abstract: A critical analysis of the probable effects of national depositor preference--a provision of the Omnibus Budget Reconciliation Act of 1993--showing that although the FDIC may experience some cost savings in the short term, the long-term benefits are likely to be greatly diminished.

Keywords: Bank failures; Federal Deposit Insurance Corporation;

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1994

Issue: Feb

Order Number: 2