Who/What is the FDIC?

The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $250,000; by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails.

For the complete detail of the FDIC, how this organization has an affect on Bank instititions, go to:

  • FDIC-Banking overview link
  • One thought on “Who/What is the FDIC?

    1. Hello there, just became alert to your blog through Google, and found that it is really informative.
      I am going to watch out for brussels. I will appreciate if you continue this in future.
      Lots of people will be benefited from your writing. Cheers!

      Also visit my blog :: bill coffee ounce pair

    Comments are closed.