FDIC
The Federal Deposit Insurance Corporation (FDIC) is an independent agency established by Congress to ensure stability and instill public confidence in the financial system of the United States. It provides insurance for deposits, oversees the safety and soundness of financial institutions, and manages the resolution of failed banks.
Additionally, the FDIC serves as a comprehensive resource for consumers and bankers, offering tools, educational materials, and information on regulations and policy changes. Through initiatives like the Electronic Deposit Insurance Estimator (EDIE), the agency helps consumers make informed decisions about their finances and promotes economic inclusion across communities.
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