Deposit Insurance Fund (DIF) | Practical Law

Deposit Insurance Fund (DIF) | Practical Law

Deposit Insurance Fund (DIF)

Deposit Insurance Fund (DIF)

Practical Law Glossary Item 2-503-3607 (Approx. 2 pages)

Glossary

Deposit Insurance Fund (DIF)

A fund that is maintained by the Federal Deposit Insurance Corporation (FDIC) to allow it to expedite payments and make up for any shortfalls from a failed depository institution's assets when it is satisfying the claims of insured depositors during the receivership process. The DIF is funded primarily though the insurance premiums charged to insured depository institutions. For more information, see Practice Note, Understanding FDIC Deposit Insurance.