1. SINGAPORE ( JP ) : What happens when an insured bank fails? 2. It applies to federally insured banks , savings banks, credit unions and savings associations. 3. It was the second failure of a federally-insured bank this year. 4. Export guarantees usually are used to insure bank loans to exporters. 5. Congress already requires most federally insured banks to report details of lending transactions. 6. The savings fund is separate from the Bank Insurance Fund, which insures bank deposits. 7. He was also banned for life from being an officer of a federally insured bank . 8. The White House also will not propose altering the federal system that insures bank deposits. 9. Thus, they've never trusted their money to equities, preferring instead insured bank deposits or Treasuries. 10. Can you explain the difference between an FDIC-insured bank and the insurance of a credit union?
