shall take the following factors and questions into 
account: 
‘‘(A) To what extent do insured depository 
institutions promote financial education and fi-
nancial literacy outreach? 
‘‘(B) Which financial education efforts ap-
pear to be the most effective in bringing 
‘unbanked’ individuals and families into the 
conventional finance system? 
‘‘(C) What efforts are insured institutions 
making at converting ‘unbanked’ money order, 
wire transfer, and international remittance cus-
tomers into conventional account holders? 
‘‘(D) What cultural, language and identi-
fication issues as well as transaction costs ap-
pear to most prevent ‘unbanked’ individuals 
from establishing conventional accounts? 
‘‘(E) What is a fair estimate of the size 
and worth of the ‘unbanked’ market in the 
United States? 
‘‘(b) REPORTS.—The Chairperson of the Board of 
Directors shall submit a bi-annual report to the Com-
mittee on Financial Services of the House of Representa-
tives and the Committee on Banking, Housing, and Urban 
Affairs of the Senate containing the Corporation’s findings
and conclusions with respect to the survey conducted pur-
suant to subsection (a), together with such recommenda-
tions for legislative or administrative action as the Chair-
person may determine to be appropriate.’’. 
SEC. 12. TECHNICAL AND CONFORMING AMENDMENTS TO 
THE FEDERAL DEPOSIT INSURANCE ACT RE-
LATING TO THE MERGER OF THE BIF AND 
SAIF. 
(a) IN GENERAL.—The Federal Deposit Insurance 
Act (12 U.S.C. 1811 et seq.) is amended—
(1) in section 3 (12 U.S.C. 1813)—
(A) by striking subparagraph (B) of sub-
section (a)(1) and inserting the following new 
subparagraph: 
‘‘(B) includes any former savings associa-
tion.’’; and 
(B) by striking paragraph (1) of sub-
section (y) (as so designated by section 5(b) of 
this Act) and inserting the following new para-
graph: 
‘‘(1) DEPOSIT
INSURANCE
FUND.—The term 
‘Deposit Insurance Fund’ means the Deposit Insur-
ance Fund established under section 11(a)(4).’’; 
(2) in section 5(b)(5) (12 U.S.C. 1815(b)(5)), 
by striking ‘‘the Bank Insurance Fund or the Sav-
ings Association Insurance Fund,’’ and inserting 
‘‘the Deposit Insurance Fund,’’; 
(3) in section 5(c)(4), by striking ‘‘deposit in-
surance fund’’ and inserting ‘‘Deposit Insurance 
Fund’’; 
(4) in section 5(d) (12 U.S.C. 1815(d)), by 
striking paragraphs (2) and (3) (and any funds re-
sulting from the application of such paragraph (2) 
prior to its repeal shall be deposited into the general 
fund of the Deposit Insurance Fund); 
(5) in section 5(d)(1) (12 U.S.C. 1815(d)(1))—
(A) in subparagraph (A), by striking ‘‘re-
serve ratios in the Bank Insurance Fund and 
the Savings Association Insurance Fund as re-
quired by section 7’’ and inserting ‘‘the reserve 
ratio of the Deposit Insurance Fund’’; 
(B) by striking subparagraph (B) and in-
serting the following: 
‘‘(2) FEE CREDITED TO THE DEPOSIT INSUR-
ANCE FUND.—The fee paid by the depository insti-
tution under paragraph (1) shall be credited to the 
Deposit Insurance Fund.’’; 
(C) by striking ‘‘(1) UNINSURED INSTITU-
TIONS.—’’; and
(D) by redesignating subparagraphs (A) 
and (C) as paragraphs (1) and (3), respectively, 
and moving the left margins 2 ems to the left; 
(6) in section 5(e) (12 U.S.C. 1815(e))—
(A) in paragraph (5)(A), by striking 
‘‘Bank Insurance Fund or the Savings Associa-
tion Insurance Fund’’ and inserting ‘‘Deposit 
Insurance Fund’’; 
(B) by striking paragraph (6); and 
(C) by redesignating paragraphs (7), (8), 
and (9) as paragraphs (6), (7), and (8), respec-
tively; 
(7) in section 6(5) (12 U.S.C. 1816(5)), by 
striking ‘‘Bank Insurance Fund or the Savings As-
sociation Insurance Fund’’ and inserting ‘‘Deposit 
Insurance Fund’’; 
(8) in section 7(b) (12 U.S.C. 1817(b))—
(A) in paragraph (1)(C), by striking ‘‘de-
posit insurance fund’’ each place that term ap-
pears and inserting ‘‘Deposit Insurance Fund’’; 
(B) in paragraph (1)(D), by striking ‘‘each 
deposit insurance fund’’ and inserting ‘‘the De-
posit Insurance Fund’’; and 
(C) in paragraph (5) (as so redesignated 
by section 4(e)(4) of this Act)—