Depositor preference legislation and failed banks' resolution costs

William P. Osterberg and James B. Thomson ()

No 9715, Working Paper from Federal Reserve Bank of Cleveland

Abstract: An examination of the empirical impact of depositor preference legislation (DPL) on resolution type and resolution costs for commercial banks. It focuses on the impact of state DPL statutes, using FDIC and call-report data on resolution costs and types for all operating FDIC-BIF insured commercial banks that closed or required FDIC financial assistance from January 1986 through December 1992.

Keywords: Federal Deposit Insurance Corporation; Bank failures (search for similar items in EconPapers)
Date: 1997
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Journal Article: Depositor preference legislation and failed banks' resolution costs (1998)
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