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iPrelude

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iPrelude

Re: None

Tuesday, 02/05/2019 10:59:32 AM

Tuesday, February 05, 2019 10:59:32 AM

Post# of 59628
Does the FDIC receive any benefits if the assuming bank makes money on the covered assets?
Yes. If there are recoveries on assets that have been charged off by the failed bank or the assuming bank, then the FDIC receives 80 percent of the recoveries.

https://www.fdic.gov/bank/individual/failed/lossshare/index.html

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