1992 Death William Taylor, chairman (FDIC), dies at 53 1988 Event FDIC bails out 1st Republic Bank, Dallas, with $4 billion 1934 Event FDIC pays off 1st insured depositors, Fon du Lac Bank, East Peoria, Illinois 1934 Event Federal Deposit Insurance Corp, FDIC, U.S. bank guarantor, effective 1933 Event U.S. Federal Deposit Insurance Corporation, FDIC, created
