Federal Deposit Insurance Overview

Industry
Insurance
Revenue
Headquarters
Washington, DC
Employees
5,977
Founded In
Website
Organization Type
Private
The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring depositors for at least $250,000 per insured bank; by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails. The FDIC Board of Directors is comprised of a chairman, vice chairman and FDIC director, as well as the Comptroller of the Currency and the head of the Consumer Financial Protection Bureau. The FDIC publishes their budget, strategic plans, and financial reports on an annual or quarterly basis. The Annual Reports page contains the yearly accomplishments of the corporation, and has each report available from 1996 to the present. FDIC runs and office of international affairs, considering technical assistance programs, foreign visitor and secondment programs, foreign examiner training programs, international leadership development programs, and FDIC subject matter experts participate as keynote speakers, panel members and facilitators for numerous international organizations' conferences, symposia and seminars. The FDIC was established in 1933 in response to the thousands of bank failures that occurred in the 1920s and early 1930s.
The staff at Federal Deposit Insurance come from unusually diverse demographic backgrounds. The company is 43.4% female and 43.4% ethnic minorities. Despite its diversity in other areas, Federal Deposit Insurance employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 82.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Federal Deposit Insurance has great employee retention with staff members usually staying with the company for 5.6 years. The average employee at Federal Deposit Insurance makes $71,995 per year. Pay at Federal Deposit Insurance is significantly lower than some of its highest paying competitors, like CME Group, Morgan Stanley, and Federal Reserve Bank of New York, which pay $110,123, $103,933, and $92,408, respectively.
A large insurance company with 5,977 employees and an annual revenue of $5.5B, Federal Deposit Insurance is headquartered in Washington, DC.

The Organization’s Mission

To maintain stability and public confidence in the nation's financial system by: insuring deposits. Examining and supervising financial institutions for safety and soundness and consumer protection.

4.5/5

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Average Salary
$71,995 yearly

Federal Deposit Insurance Reviews

Employee Reviews

4.8/5
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Employee Reviews

5.0
Dec 2019
Pros

Work with very smart people, great facilities, good pay and great benefits.

Benefits

401(k) plan

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4.0
Oct 2019
Pros

There is a great Work Life Balance at the FDIC.

Cons

Political Environment

Benefits

Telework

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Salary and Benefits
Management
Work Environment
Diversity and Inclusion
Career Opportunities

The Team At Federal Deposit Insurance

Key People

Franklin Roosevelt

Federal Deposit Insurance Rankings

Federal Deposit Insurance is ranked #37 on the Best Insurance Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Federal Deposit Insurance Salaries

9.4
Salary Score
The national average salary for a Federal Deposit Insurance employee in the United States is $71,995 per year. Employees in the top 10 percent can make over $145,000 per year, while employees at the bottom 10 percent earn less than $35,000 per year.
Average Federal Deposit Insurance Salary
$71,995
yearly
$34.61 hourly
Updated March 16, 2023

Highest Paying Jobs At Federal Deposit Insurance

RankJob TitleAvg. SalaryHourly Rate
1Section Chief$170,091$82
2Closing Manager$160,273$77
3Law Clerk$155,587$75
4Manager, Asset Management$145,748$70
5Senior Attorney$145,507$70
6Subject Matter Expert$132,391$64
7Bank Examiner$119,718$58
8Asset Manager$113,260$54
9Finance Compliance Examiner$104,259$50
10Forensic Investigator$99,392$48
11Team Leader$92,699$45
12Finance Specialist$91,321$44
13Information Technology Analyst$88,881$43
14Consultant$84,344$41
15Credit Analyst$70,601$34
16Legal Technician$58,627$28
17Account Officer$54,861$26
18Accountant$54,647$26
19Paralegal$51,610$25
20Auditor$49,214$24

Federal Deposit Insurance Diversity

9.6
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Federal Deposit Insurance Gender Distribution

Male
Male
57%
Female
Female
43%

Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Federal Deposit Insurance. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • Federal Deposit Insurance has 5,977 employees.

  • 43% of Federal Deposit Insurance employees are women, while 57% are men.

  • The most common ethnicity at Federal Deposit Insurance is White (57%).

  • 15% of Federal Deposit Insurance employees are Hispanic or Latino.

  • 15% of Federal Deposit Insurance employees are Black or African American.

  • The average employee at Federal Deposit Insurance makes $71,995 per year.

  • Federal Deposit Insurance employees are most likely to be members of the democratic party.

  • On average, employees at Federal Deposit Insurance stay with the company for 5.6 years.

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Federal Deposit Insurance Employee Political Affiliation

Federal Deposit Insurance employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Federal Deposit Insurance employee was by Janet Gordon. Janet Gordon donated $3,500 to the Democratic Party.

Federal Deposit Insurance

Parties

Democratic Party

82.1 %
-

Republican Party

17.9 %
-
Employee Political Donations
NameJob TitlePartyDonation
Janet GordonCommunity Relations CoordinatorDemocratic Party$3,500
Henry GriffinAttorneyDemocratic Party$3,050
Jack ReidhillEconomistDemocratic Party$3,000
Joan DusardAttorneyDemocratic Party$2,895
Alice GoodmanExecutive DirectorDemocratic Party$2,750
Jacob GoldstonEconomistDemocratic Party$2,700
Kate SpearsDirector Of Consumer AffairsDemocratic Party$2,360
John JohnsonRetirement SpecialistDemocratic Party$2,250
Donna FlorenceSenior AdvisorRepublican Party$2,140
Ashley DohertyLawyerDemocratic Party$2,000
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Federal Deposit Insurance Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

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Highest Paying Federal Deposit Insurance Competitors

Based on our research, similar companies to Federal Deposit Insurance are CME Group, Morgan Stanley, and Federal Reserve Bank of New York. The average salaries at CME Group rank the highest, with their employees earning an average salary of $110,123 per year. Employees at Morgan Stanley earn an average of $103,933 per year, and the employees at Federal Reserve Bank of New York earn an average salary of $92,408 per year.

Frequently Asked Questions about Federal Deposit Insurance

When was Federal Deposit Insurance founded?

Federal Deposit Insurance was founded in 1933.

How many Employees does Federal Deposit Insurance have?

Federal Deposit Insurance has 5,977 employees.

How much money does Federal Deposit Insurance make?

Federal Deposit Insurance generates $5.5B in revenue.

What industry is Federal Deposit Insurance in?

Federal Deposit Insurance is in the insurance industry.

What is Federal Deposit Insurance's mission?

Federal Deposit Insurance's mission statement is "To maintain stability and public confidence in the nation's financial system by: insuring deposits. Examining and supervising financial institutions for safety and soundness and consumer protection."

What type of company is Federal Deposit Insurance?

Federal Deposit Insurance is a private company.

Who are Federal Deposit Insurance's competitors?

Federal Deposit Insurance competitors include U.S. Securities and Exchange Commission, Morgan Stanley, Office of the Comptroller of the Currency, Consumer Financial Protection Bureau, Federal Reserve Bank of New York, Federal Reserve Bank of Dallas, The Vanguard Group, Federal Housing Finance Agency, CME Group, Citi, Oklahoma Insurance Department, The Title Company - Fargo, Western Resources Title, Kensington Vanguard National Land Services, Summit Consulting, Crum & Forster, Generali U.S. Branch, Quaker Special Risk Insurance, SeaBright Holdings, RLI.

Who works at Federal Deposit Insurance?

Franklin Roosevelt (Founder)

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Zippia gives an in-depth look into the details of Federal Deposit Insurance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Federal Deposit Insurance. The employee data is based on information from people who have self-reported their past or current employments at Federal Deposit Insurance. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Federal Deposit Insurance. The data presented on this page does not represent the view of Federal Deposit Insurance and its employees or that of Zippia.

Federal Deposit Insurance may also be known as or be related to Federal Deposit Insurance, Federal Deposit Insurance Corporation, Federal Deposit Insurance Corporation (FDIC), Federal Deposit Insurance Corporation (fdic) and The Federal Deposit Insurance Corporation (FDIC).