Resolution Trust Corporation (RTC) is a temporary federal government corporation chartered by Congress in 1989 and affiliated with the FDIC that: (1) ensures that customers of failed thrifts have access to their insured deposits, and (2) disposes of the assets of failed thrifts. The RTC receives overall policy guidance from the Thrift Depositor Protection Oversight Board. The RTC was scheduled to finish its work and go out of business by December 31, 1995, and stopped accepting newly failed institutions on June 30, 1995. All subsequent business was to be handled by the FDIC.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). Resolution Trust Corporation (RTC). Retrieved September 27, 2026, from http://smartdefine.org/resolution_trust_corporation_(rtc)/definitions/1162389 |
| Chicago | Barry Goldsmith. 2010. "Resolution Trust Corporation (RTC)" http://smartdefine.org/resolution_trust_corporation_(rtc)/definitions/1162389 (accessed September 27, 2026). |
| Harvard | Barry Goldsmith 2010, Resolution Trust Corporation (RTC), Smart Define, viewed 27 September, 2026, <http://smartdefine.org/resolution_trust_corporation_(rtc)/definitions/1162389>. |
| MLA | Barry Goldsmith. "Resolution Trust Corporation (RTC)" 21 October 2010. Web. 27 September 2026. <http://smartdefine.org/resolution_trust_corporation_(rtc)/definitions/1162389> |