Welcome to the FDIC Bank Failures Dataset! This dataset provides a comprehensive list of banks that have failed and were appointed receivers by the Federal Deposit Insurance Corporation (FDIC) since October 1, 2000. This dataset is an invaluable resource for financial analysts, researchers, and policymakers interested in studying trends and patterns in bank failures, analyzing the impact on financial stability, and understanding the broader economic implications.
Dataset Features:
Data Size and Format: This dataset includes information on 500+ bank failures and is available in [CSV] format.
Key Attributes: The dataset contains the following attributes:
Bank Name: Name of the failed bank.
City: City where the bank was headquartered.
State: State where the bank was headquartered.
Cert: Bank Certificate Number.
Closing Date: Date on which the FDIC officially closed the bank.
Acquiring Institution: Name of the institution that acquired the failed bank, if applicable.
Fund: Total assets of the bank at the time of failure (in USD).
Time Period: The data covers bank failures from October 1, 2000, to the present, allowing for a detailed longitudinal analysis of financial distress and recovery over the years.
Source: This dataset is compiled from FDIC records and publicly available data on bank failures.
Use Cases:
This dataset is suitable for various analytical and research purposes, including:
Trend Analysis: Examine trends in bank failures over time and assess the impact of economic cycles.
Financial Stability Research: Analyze factors contributing to bank failures and the effectiveness of regulatory measures.
Predictive Modeling: Develop models to predict potential future failures based on historical data.
Policy Analysis: Evaluate the role and effectiveness of FDIC interventions in managing bank failures.
Data Privacy: Although the dataset is publicly available, ensure that you handle and interpret the data responsibly and ethically.
Community and Support:
For questions, comments, or issues related to the dataset, please use the Kaggle discussion forums.
We hope this dataset provides valuable insights and supports your analyses of bank failures and financial stability. Happy analyzing!
Keywords: #bank failures, #FDIC, #financial stability, #economic research, #banking crisis