Depositor Protection Act of 1991

[AI summary unavailable — showing source text] Depositor Protection Act of 1991 - Title I: FDIC Supplemental Capital and Deposit Insurance Reform - Subtitle A: General Provisions - Amends the Federal Reserve Act to direct the Board of Governors of the Federal Reserve System (the Board) to: (1) assess each Federal Reserve Bank an amount equal to the imputed earnings on reserves held at such bank after a specified date; and (2) distribute specified proportions of such assessments to the Bank Insurance Fund, the Savings Association Insurance Fund, and the National Credit Union Share Insurance Fund. Changes reserve ratio requirements for transaction accounts over $25,000,000 to zero to 12 percent (currently 12 percent, or, at the Board's discretion, from eight to 14 percent). Requires the Board to include in its annual report (Humphrey-Hawkins Report) a detailed justification for the establishment and level of any reserve requirement for monetary purposes in effect at the time of the report. Amends the Federal Deposit Insurance Act to require each Bank Insurance Fund (BIF) member to maintain reserves against expenses according to a prescribed formula. Specifies the composition of such reserves. Authorizes the Federal Deposit Insura…