Skip to:
  1. Main navigation
  2. Main content
  3. Footer
Economic Commentary

FDICIA's Discount Window Provisions

On December 19, 1991, President Bush signed into law the Federal Deposit Insurance Corporation Improvement Act (FDIC1A), which Congress passed to address problems it saw in the supervision of federally insured banks. An important component of FD1CIA that has already received substantial public attention is the set of provisions detailing a new process for prompt corrective supervisory action against undercapitalized banks. Much more obscure, though perhaps as innovative, are the sections of the legislation that modify the terms and conditions under which the Federal Reserve Banks may lend to troubled banks at the discount window.

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This paper and its data are subject to revision; please visit for updates.

Suggested Citation

Todd, Walker. 1992. “FDICIA's Discount Window Provisions.” Federal Reserve Bank of Cleveland, Economic Commentary 12/15/1992.

This work by Federal Reserve Bank of Cleveland is licensed under Creative Commons Attribution-NonCommercial 4.0 International