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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 insurance for deposits, supervises financial institutions for safety and soundness, and manages receiverships to protect consumers and maintain trust in the banking sector. In addition to its insurance role, the FDIC offers a wealth of resources for consumers and bankers alike, including educational materials and tools to help individuals make informed financial decisions. The agency also conducts extensive research on the banking industry, providing valuable insights and data for various stakeholders. Generated from the website