The bank's failure will cost its deposit insurance fund an estimated USD80m, the FDIC estimated.
What does DIF stand for?
DIF stands for Deposit Insurance Fund (US FDIC)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Military and Government
- Business, finance, etc.
See other definitions of DIF
We have 121 other meanings of DIF in our Acronym Attic
- Danmarks Idræts-Forbund (Denmark)
- Data Integration Framework (information management)
- Data Integrity Field
- Data Interchange Facility
- Data Interchange Format
- Data Interface Format
- Dear Little Friend (fictional, Prince Caspian -Trumpkin the dwarf)
- Death in Family
- Decimation in Frequency (algorithm)
- Delaware Innovation Fund (est. 1995)
- Desarrollo Integral de La Familia (Mexico)
- Destroy in Field (retail)
- Deterministic, Irreducible Finite-State (transition diagram)
- Deutsches Filminstitut (German Film Institute)
- Development Impact Fee (public finance)
- Developmental Integration Facility
- Diabetes Institutes Foundation (Norfolk, VA)
- Diagnostic Importance Factor
- Die in Fire
Samples in periodicals archive:
Money in the FDIC's deposit insurance fund comes from assessments on FDIC insured financial institutions.
The recent crisis has shown that compensation practices that encourage excessive risk can create significant losses in the financial system and the deposit insurance fund.
We've protected taxpayers, we've protected depositors and we've protected the deposit insurance fund.
The bill would adjust the deposit insurance fund for inflation, something that has not happened in 22 years, and provide 'greater protection to (bank) depositors, while saving the taxpayer $700 million,' according to House Financial Services Committee chairman Michael Oxley, of Ohio's fourth congressional district.
GAO noted that current law requires FDIC to maintain the deposit insurance fund balances at a designated reserve ratio of at least 1.
The other route toward full-powered commercial bank operating subsidiaries and universal banking would, in our judgment, lead to greater risk for the deposit insurance funds and the taxpayer.
Specifically," said Carnell, "it sought to align those incentives more closely with the interests of the federal deposit insurance funds and the taxpayers.