Federal Deposit Insurance Corporation
a public corporation, established in 1933, that insures, up to a specified amount, all demand deposits of member banks. Abbreviation: FDIC
The Federal Deposit Insurance Corporation (FDIC) is an independent agency
created by the U.S. Congress to maintain stability and public confidence in the ...
Prior to FDIC, if you had deposits
at a bank, and the bank failed, you lost your money. That is because the FDIC looks at how accounts are owned when determining the limit. If you have assets in certain retirement accounts such as an IRA at an insured
bank, those acco... More »
Oct 30, 2014 ... The Federal Deposit Insurance Corporation (FDIC) preserves and promotes
public confidence in the U.S. financial system by insuring deposits ...
The FDIC was created in 1933 to maintain public confidence and encourage
stability in the financial system through the promotion of sound banking practices.
The Federal Deposit Insurance Corporation (FDIC) is an independent agency of
the federal government responsible for insuring deposits made by individuals ...
Jul 16, 2015 ... Learn how -- and for how much -- your money is insured by the FDIC in case your
bank fails. The way you structure your accounts matters.
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