FDIC: Federal Deposit Insurance Corporation The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation’s financial system Learn about the FDIC’s mission, leadership, history, career opportunities, and more
Federal Deposit Insurance Corporation - Wikipedia The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks [8]: 15 The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the
What Is The FDIC? 4 Key Facts You Need to Know - Forbes The FDIC (Federal Deposit Insurance Corporation) is an independent government agency that oversees the banking industry The FDIC’s primary duty is to insure deposits at U S member banks
FDIC Insurance: What It Is And How It Works - Bankrate The FDIC is the agency that insures deposits at member banks in case of a bank failure FDIC insurance is backed by the full faith and credit of the U S government
Federal Deposit Insurance Corporation (FDIC) | Definition . . . The Federal Deposit Insurance Corporation (FDIC) is a U S government agency created under the Banking Act of 1933 (also known as the Glass-Steagall Act) whose primary role is to insure and protect bank depositors’ funds against loss in the event of a bank failure
What is the FDIC and how does it work? - NPR The FDIC "directly supervises and examines more than 5,000 banks and savings associations" to ensure they're safe and financially sound