Federal Deposit Insurance
The Federal Deposit Insurance Corporation (FDIC) is an independent agency established by Congress to promote stability and public trust in the United States financial system. It is responsible for insuring deposits, supervising financial institutions for safety and soundness, and managing receiverships for large, complex financial entities.
The FDIC also provides a variety of educational resources and tools for consumers, bankers, and analysts, aiming to enhance financial literacy and support economic inclusion. Through initiatives like the Electronic Deposit Insurance Estimator (EDIE), the agency helps individuals understand their deposit insurance coverage and make informed financial decisions.
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