Federal Deposit Insurance Corp
The Federal Deposit Insurance Corporation (FDIC) is an independent agency established by Congress to ensure stability and public confidence in the U.S. financial system. It provides deposit insurance, supervises financial institutions for safety and consumer protection, and manages receiverships for failed banks.
Additionally, the FDIC offers a range of resources and educational materials for consumers and bankers alike, fostering informed decision-making in banking relationships. Through initiatives such as the Electronic Deposit Insurance Estimator (EDIE), the agency helps individuals understand their deposit coverage and promotes economic inclusion in communities across the nation.
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