Erle Cocke Sr., a former chairman of the Federal Deposit Insurance Corporation and past president of the American Bankers Association, died here Friday. He was 82.
Mr. Cocke was elected chairman of FDIC in 1961, and had been on its board since 1957, when he came to Washington from the Fulton National Bank of Atlanta.
While he was head of the agency, its new building on 17th Street NW was dedicated, and increased federal insurance on bank deposits was considered by Congress.
Mr. Cocke advocated raising coverage on bank deposits from $10,000 to $25,000 because it would, among many reasons, give "added assistance to the expanding economy."
He retired from the FDIC in 1963 and returned to Atlanta as vice president for Central of Georgia Railway Co.
He was former secretary-treasurer and executive officer for the Georgia Board of Regents, a three-time Georgia delegate to the Democratic National Convention, a former national vice commander of the American Legion, and a former trustee for the U.S. Chamber of Commerce.
Mr. Cocke was born in Lee County, Ga., and grew up in Dawson, Ga. He was a member of the National Press Club in Washington, D.C., Capital City Club, Piedmont Driving Club, Newcomen Society, Alpha Tau Omega fraternity, and the Second Ponce de Leon Baptist Church.
He is survived by his wife, a son and a daughter.