The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by Congress to maintain stability and public confidence in the nation’s financial system. To accomplish this mission, the FDIC insures deposits; examines and supervises financial institutions for safety, soundness, and consumer protection; makes large and complex financial institutions resolvable; and manages receiverships.
Tag: FDIC
Infographic: Top U.S. Banks by uninsured deposits
Over 9,000 banks failed between 1930-1934 after the stock market crash. The Federal Deposit Insurance Corporation (FDIC) was created in response. Comparatively nine banks...
