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Federal Deposit Insurance Corporation › Hiring & Firing › Employee Rights

The Federal Deposit Insurance Corporation is a United States federal agency created in 1933 in response to widespread bank failures in the 1920s and early 1930s.  The FDIC's mission is to maintain... more +
The Federal Deposit Insurance Corporation is a United States federal agency created in 1933 in response to widespread bank failures in the 1920s and early 1930s.  The FDIC's mission is to maintain stability and consumer confidence in the United States banking system by insuring deposits, monitoring the health of financial institutions and managing receiverships.  less -
Orrick, Herrington & Sutcliffe LLP

CFPB, FDIC and OCC respond to court ruling by reinstating probationary employees

Orrick, Herrington & Sutcliffe LLP on

On March 17, the CFPB, the FDIC, the OCC and other government agencies reportedly reinstated probationary employees that had been terminated as part of the Trump administration’s efforts to reduce the federal workforce....more

Orrick, Herrington & Sutcliffe LLP

FDIC reportedly orders employees to return to office

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On February 27, the FDIC reportedly ordered all employees to return to the office by the end of March, with few exceptions, as part of a workforce reduction plan. According to an all-staff email from Daniel H. Bendler, the...more

Orrick, Herrington & Sutcliffe LLP

FDIC parts ways with probationary employees

Orrick, Herrington & Sutcliffe LLP on

On February 18, the FDIC will reportedly undergo significant workforce reductions and terminate approximately 170 probationary employees as part of ongoing personnel cuts at the Corporation. Probationary employees, who may...more

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