The FDIC emblem.
The FDIC emblem. - 
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Bill Radke: The Federal Deposit Insurance Corporation -- the FDIC -- is short on cash. Now the Treasury is standing behind it, so your bank account is safe. But as Marketplace's Steve Henn reports, the FDIC needs to find a way out of its hole, and the board is meeting today.

Steve Henn: It's cost the FDIC $14 billion to shut down 50 banks in the last three months.

Bert Ely is a banking consultant:

Bert Ely: This situation is turning out to be much more expensive in terms of disposing of failed banks than I think anybody had anticipated.

Lately the FDIC jacked bank premiums to cover its losses. Bill Black, a former bank examiner, says that weakens banks:

Bill Black: Banks that are well run end up paying eventually a very heavy price.

Some suggest the FDIC borrow money from healthy banks. Black says it's time for the U.S. Treasury to bail out an FDIC that's flat broke.

In Washington, I'm Steve Henn for Marketplace.