Bank Management Accountability Act

This bill allows the Federal Deposit Insurance Corporation (FDIC) to recover compensation from bank executives and directors who contributed to a bank's failure. It permits the FDIC to seek repayment of payments received in the two years prior to the bank's collapse (with no time limit for fraud), and to ban individuals from future financial roles for at least two years if they violated laws, breached fiduciary duties, or engaged in unsafe practices that caused the failure. The bill also requires liability insurance for these executives to exclude coverage for such recoupments. It directly affects senior bank leaders and their insurers, focusing on accountability for failures that required government intervention.