Lehman Brothers Bank, FSB (Lehman Brothers Bank) is a wholly owned subsidiary of Lehman Brothers. As a subsidiary of Lehman Brothers, a top-tier investment bank and market leader in mortgage and consumer loan securitization, Lehman Brothers Bank is uniquely positioned to offer products and pricing expertise that leverages our strong institutional background. Lehman Brothers Bank is headquartered in Wilmington, Delaware and is a member of the Federal Home Loan Bank System. Lehman Brothers Bank's deposits are insured by the Deposit Insurance Fund, which is administered by the Federal Deposit Insurance Corporation (FDIC).