The Link is FDIC | Failed Bank List

Despite the regulations that protect banks from failure, some fail. Please visit the FDIC's Failed Bank Listto help you address the discussion questions.

Questions

In your initial response to the topic, you have to answer all questions:

1. What does the term bank failure mean? What role does FDIC insurance play?
2. How many banks failures occurred in the United States during the current calendar year? To answer this question, please click on Bank Failures and than click on Bank Failures in Brief.
3. How many banks failures occurred in the United States during 2020?
4. How many banks failures occurred in the United States during 2018?
5. How many banks failures occurred in the United States during 2017?
6. What were the total assets and total deposits held by the banks that failed during 2020? (To see the data for total assets, you need to log on to the website we provided for the discussion and click Bank Failure in Brief. You will need to scroll down the page to see the table with total assets. And if you click the year in the Closing Summary table on the same page, you will see the list of bank failures for that year with the total assets and deposits for each bank.)
7. How many banks failed in 1937? What were the total assets and total deposits held by the banks that failed during 1937?
8. How it is possible to prevent bank failure?
9. Reflection: the students should also include a paragraph in the initial response in their own words, using macroeconomic terminology, reflecting on what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life.