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FEDERAL DEPOSIT INSURANCE CORPORATION WASHINGTON, D.C. And STATE OF SOUTH DAKOTA DIVISION OF BANKING PIERRE, South Dakotan the Matter of)Sunrise Bank Dakota Oneida, South Dakota))(Insured State Nonmember
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The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the U.S. Congress to maintain stability and public confidence in the nation's financial system.
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Financial institutions that are insured by the FDIC are required to file deposit insurance forms.
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To fill out the FDIC deposit insurance forms, financial institutions must provide accurate information about their deposits, assets, and liabilities.
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The purpose of the FDIC is to insure deposits and promote the safety and soundness of the banking system.
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Financial institutions must report on their deposits, assets, and liabilities in order to calculate the amount of deposit insurance they are eligible for.
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