There have been a number of fatal dam breaks in the United Statest. 1977: The Kelly Barnes Dam, an old earthen dam in Georgia, gave way in the middle of the night. Internal erosion probably caused the failure. Thirty-nine people were killed at a small bible college below the dam.
The types of financial institutions include commercial banks, investment banks, insurance companies, brokerages, investment firms, management investment companies and non-bank financial institutions including credit unions, payday lenders and savings and loans institutions.
A depository institution would be your typical bank where you can go in and make a deposit. The non-depository institution would be your credit card issuing companies. Mutual funds and pension companies and not defined as non-depository institutions but under the category of Funds, Trusts, and Other Financial Vehicles.