Bank Insurance Fund (BIF)

The BIF was created by the FDIC in 1989. It was created to separate bank insurance money and thrift insurance money (which came from the Savings Association Insurance Fund). However, it created a bunch of banks converting to thrifts and thrifts converting to banks to find lower fees. That debacle led to the passage of the Federal Deposit Insurance Act of 2005, which abolished both the Savings Association Insurance Fund and the BIF to create a single Deposit Insurance Fund.

BIF is no more. Kind of like the antagonist in Back to the Future.