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Climate Risk Scorecard

Assessment Key
Significant ProgressSignificant Progress
Some ProgressSome Progress
No ProgressNo Progress
Not ApplicableNot Applicable

Federal Deposit Insurance Corporation

Other Agency Scorecards:
About the Federal Deposit Insurance Corporation

The Federal Deposit Insurance Corporation (FDIC) is a government corporation providing deposit insurance to depositors in U.S. commercial banks and savings banks, individually and together. The FDIC coordinates with the Federal Reserve, the OCC, and state banking regulators to maintain the safety and soundness of the U.S. banking sector. The FDIC is also responsible for protecting the Deposit Insurance Fund (DIF) – the reserve of money devoted to insuring deposits of individuals covered by the FDIC – from threats to the banking system.  

If climate risk remains unaddressed in the economy by regulators, banks across the country will face credit and liquidity risks throughout their lending portfolios and operations. Large increases in loan defaults could cause bank failures, requiring FDIC intervention. If banks start to fail, public confidence in the DIF itself and its federal guarantees could be threatened.  

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