H. R. 4636—10
institution (hereafter in this section referred to as the 
‘unbanked’) into the conventional finance system. 
‘‘(2) FACTORS AND QUESTIONS TO CONSIDER.—In conducting 
the survey, the Corporation shall take the following factors 
and questions into account: 
‘‘(A) To what extent do insured depository institutions 
promote financial education and financial literacy outreach? 
‘‘(B) Which financial education efforts appear 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 customers into conventional 
account holders? 
‘‘(D) What cultural, language and identification issues 
as well as transaction costs appear 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 Committee on Financial Services 
of the House of Representatives and the Committee on Banking, 
Housing, and Urban Affairs of the Senate containing the Corpora-
tion’s findings and conclusions with respect to the survey conducted 
pursuant to subsection (a), together with such recommendations 
for legislative or administrative action as the Chairperson may 
determine to be appropriate.’’. 
SEC. 8. TECHNICAL AND CONFORMING AMENDMENTS TO THE FED-
ERAL DEPOSIT INSURANCE ACT RELATING 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 subsection (a)(1) 
and inserting the following new subparagraph: 
‘‘(B) includes any former savings association.’’; and 
(B) by striking paragraph (1) of subsection (y) (as so 
designated by section 4(b) of this title) and inserting the 
following new paragraph: 
‘‘(1) DEPOSIT INSURANCE FUND.—The term ‘Deposit Insur-
ance Fund’ means the Deposit Insurance 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 Savings Association Insurance 
Fund,’’ and inserting ‘‘the Deposit Insurance Fund,’’; 
(3) in section 5(c)(4), by striking ‘‘deposit insurance fund’’ 
and inserting ‘‘Deposit Insurance Fund’’; 
(4) in section 5(d) (12 U.S.C. 1815(d)), by striking para-
graphs (2) and (3) (and any funds resulting 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 ‘‘reserve ratios 
in the Bank Insurance Fund and the Savings Association
H. R. 4636—11
Insurance Fund as required by section 7’’ and inserting 
‘‘the reserve ratio of the Deposit Insurance Fund’’; 
(B) by striking subparagraph (B) and inserting the 
following: 
‘‘(2) FEE
CREDITED
TO
THE
DEPOSIT
INSURANCE
FUND.—
The fee paid by the depository institution under paragraph 
(1) shall be credited to the Deposit Insurance Fund.’’; 
(C) by striking ‘‘(1) UNINSURED INSTITUTIONS.—’’; 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 Association 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), respectively; 
(7) in section 6(5) (12 U.S.C. 1816(5)), by striking ‘‘Bank 
Insurance Fund or the Savings Association 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 ‘‘deposit insurance 
fund’’ each place that term appears and inserting ‘‘Deposit 
Insurance Fund’’; 
(B) in paragraph (1)(D), by striking ‘‘each deposit insur-
ance fund’’ and inserting ‘‘the Deposit Insurance Fund’’; 
and 
(C) in paragraph (5) (as so redesignated by section 
3(d)(4))—
(i) by striking ‘‘any such assessment’’ and inserting 
‘‘any such assessment is necessary’’; 
(ii) by striking subparagraph (B); 
(iii) in subparagraph (A)—
(I) by striking ‘‘(A) is necessary—’’; 
(II) by striking ‘‘Bank Insurance Fund mem-
bers’’ and inserting ‘‘insured depository institu-
tions’’; and 
(III) by redesignating clauses (i), (ii), and (iii) 
as subparagraphs (A), (B), and (C), respectively, 
and moving the margins 2 ems to the left; and 
(iv) in subparagraph (C) (as so redesignated)—
(I) by inserting ‘‘that’’ before ‘‘the Corporation’’; 
and 
(II) by striking ‘‘; and’’ and inserting a period; 
(9) in section 7(j)(7)(F) (12 U.S.C. 1817(j)(7)(F)), by striking 
‘‘Bank Insurance Fund or the Savings Association Insurance 
Fund’’ and inserting ‘‘Deposit Insurance Fund’’; 
(10) in section 8(t)(2)(C) (12 U.S.C. 1818(t)(2)(C)), by 
striking ‘‘deposit insurance fund’’ and inserting ‘‘Deposit Insur-
ance Fund’’; 
(11) in section 11 (12 U.S.C. 1821)—
(A) by striking ‘‘deposit insurance fund’’ each place 
that term appears and inserting ‘‘Deposit Insurance Fund’’; 
(B) by striking paragraph (4) of subsection (a) and 
inserting the following new paragraph: 
‘‘(4) DEPOSIT INSURANCE FUND.—
H. R. 4636—12
‘‘(A) ESTABLISHMENT.—There is established the Deposit 
Insurance Fund, which the Corporation shall—
‘‘(i) maintain and administer; 
‘‘(ii) use to carry out its insurance purposes, in 
the manner provided by this subsection; and 
‘‘(iii) invest in accordance with section 13(a). 
‘‘(B) USES.—The Deposit Insurance Fund shall be avail-
able to the Corporation for use with respect to insured 
depository institutions the deposits of which are insured 
by the Deposit Insurance Fund. 
‘‘(C) LIMITATION ON USE.—Notwithstanding any provi-
sion of law other than section 13(c)(4)(G), the Deposit Insur-
ance Fund shall not be used in any manner to benefit 
any shareholder or affiliate (other than an insured deposi-
tory institution that receives assistance in accordance with 
the provisions of this Act) of—
‘‘(i) any insured depository institution for which 
the Corporation has been appointed conservator or 
receiver, in connection with any type of resolution by 
the Corporation; 
‘‘(ii) any other insured depository institution in 
default or in danger of default, in connection with 
any type of resolution by the Corporation; or 
‘‘(iii) any insured depository institution, in connec-
tion with the provision of assistance under this section 
or section 13 with respect to such institution, except 
that this clause shall not prohibit any assistance to 
any insured depository institution that is not in 
default, or that is not in danger of default, that is 
acquiring (as defined in section 13(f)(8)(B)) another 
insured depository institution. 
‘‘(D) DEPOSITS.—All amounts assessed against insured 
depository institutions by the Corporation shall be depos-
ited into the Deposit Insurance Fund.’’; 
(C) by striking paragraphs (5), (6), and (7) of subsection 
(a); and 
(D) by redesignating paragraph (8) of subsection (a) 
as paragraph (5); 
(12) in section 11(f)(1) (12 U.S.C. 1821(f)(1)), by striking 
‘‘, except that—’’ and all that follows through the end of the 
paragraph and inserting a period; 
(13) in section 11(i)(3) (12 U.S.C. 1821(i)(3))—
(A) by striking subparagraph (B); 
(B) by redesignating subparagraph (C) as subpara-
graph (B); and 
(C) in subparagraph (B) (as so redesignated), by 
striking ‘‘subparagraphs (A) and (B)’’ and inserting 
‘‘subparagraph (A)’’; 
(14) in section 11(p)(2)(B) (12 U.S.C. 1821(p)(2)(B)), by 
striking ‘‘institution, any’’ and inserting ‘‘institution, the’’; 
(15) in section 11A(a) (12 U.S.C. 1821a(a))—
(A) in paragraph (2), by striking ‘‘LIABILITIES.—’’ and 
all that follows through ‘‘Except’’ and inserting ‘‘LIABIL-
ITIES.—Except’’; 
(B) by striking paragraph (2)(B); and