FDIC Budget, Headcount to Increase in 2021

The FDIC board today approved a $2.28 billion agency operating budget for 2021, a 12.9% increase from the 2020 budget. The board also authorized a 2021 staffing level of 5,793, a net increase of 65 positions from 2020.

“Recognizing that we are facing many uncertainties about the economic impact of the pandemic, this budget will provide requisite flexibility while allowing us to continue modernizing the FDIC’s operations and to promote innovation,” said FDIC Chairman Jelena McWilliams.