Marianne W.
3/12/2023
FDIC is the Federal Deposit Insurance Corporation. It was created by the Federal Government after the Great Depression when the banks failed and citizens lost their savings. If I'm not mistaken...
FDIC
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350 5th Ave Ste 1200
New York, NY 10118
The Federal Deposit Insurance Corporation (FDIC) is an independent agency established by Congress to ensure stability and confidence in the United States financial system. It provides deposit insurance, supervises financial institutions, and manages receiverships to safeguard consumer interests.
In addition to its insurance role, the FDIC conducts extensive research on the banking industry, offering valuable resources for consumers, bankers, and analysts. The agency is committed to educating the public about banking safety, including tools like the Electronic Deposit Insurance Estimator to help individuals understand their coverage limits.
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4.53 reviews
Michael N.
3/11/2023
Born out of the 1933 Banking Act and signed by FDR, The Federal Federal Deposit Insurance Corporation is once again front and center with the insolvency of California's Silicon Valley...
Sadri B.
3/13/2023
the fdic was created to have our backs if our bank goes kaput and in the last week 2 big banks went bye bye , including signature bank . at first we were insured up to 100 thousand clams and now...
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