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Pot legal, but finances remain in black market, which puts banks and credit unions under federal control. All Alaska banks are insured with the Federal Deposit Insurance Corp., which was created by U.S. Congress. Similarly, the National Credit Union Administration, which is...
Northwest Digest

...sentence for bank fraud, prosecutors said Wednesday. Thomas Miklautsch paid $453,808 in restitution to the Federal Deposit Insurance Corp., the entity which insures deposits in banks. Miklautsch, a former director of the defunct Alaska Statebank...
Bank heists not a good idea

...average amount taken from an individual bank robbery was less than $8,000, according to the FBI. The Federal Deposit Insurance Corp. insures money at most banks, and the National Credit Union Administration insures most credit unions. Not...
Business Digest financial institutions such as Wells Fargo Bank, First Interstate Bank, Alaska Growth Capital and the Federal Deposit Insurance Corp. The center was founded in 1987, has 10 employees and offers a variety of assistance programs and partnerships...
Alaska Pacific: Business as usual despite cease-and-desist order

...of the bank's operations to show better earnings. He said there will be no changes to lending programs and new deposit insurance helps ensure "this has no effect on customers at all." There are several stipulations in the order. One states...
Bank on a advance premiums for FDIC

...just such a call has come from the Federal Deposit Insurance Corp.? Federal deposit insurance, even paid for years in advance, remains...worse, and bankers generally know it. Deposit insurance has been a godsend for consumers. It also...
Losses continue at Alaska Pacific Bank

...The businesses were not identified. Among other contributing factors in the losses was a steep increase in Federal Deposit Insurance Corporation fees, which jumped to $159,000 in the quarter, compared to only $7,000 in the same quarter last...
Let bank bailout expire

...Some think TARP should be extended, in case of another crisis. A better course would be to bolster the Federal Deposit Insurance Corp., which backs up deposits and deals with failing banks - and let TARP expire.
Robo-signed mortgage docs date back to late 1990s

...That troubles some banking experts, including Sheila Bair, who until early July was chairwoman of the Federal Deposit Insurance Corp."We do not yet really know the full extent of the problem," Bair said in written remarks to the Senate...
Outside editorial: Time to pare back Fannie Mae and Freddie Mac

...Congress, neither has shown the political courage to act. If anything, the signals are frustratingly mixed. Federal Deposit Insurance Corp. Chairman Sheila Bair recently said Fannie and Freddie should no longer look to Washington to backstop risky...


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