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fdic_notes [2023/03/10 20:10] – adminfdic_notes [2023/03/10 20:13] – [qna] admin
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 +==== qna ====
 +??? What is an advance dividend?
 +!!! From https://www.fdic.gov/bank/historical/reshandbook/glossary.pdf
 +> A payment made to an uninsured depositor after a bank or thrift failure. The amount of the advance dividend represents the FDIC’s conservative estimate of the ultimate value of the receivership.  Cash dividends equivalent to the board-approved advance dividend percentage (of total outstanding deposit claims) are paid to uninsured depositors, thereby giving them an immediate return of a portion of their uninsured deposit. Sometimes when it is projected that all depositor claims will be paid in full an advance dividend will be provided to unsecured creditors.
 +
 ==== links I came across ==== ==== links I came across ====
   * https://www.fdic.gov/bank/historical/bank/ - shows the number of bank failures by year. The same chart also shows the total assets involved.   * https://www.fdic.gov/bank/historical/bank/ - shows the number of bank failures by year. The same chart also shows the total assets involved.
  
fdic_notes.txt · Last modified: 2023/03/10 23:22 by admin