What Is the Federal Deposit Insurance Corporation (FDIC)? The Federal Deposit Insurance Corporation (FDIC) is a U.S. government agency that protects deposits in banks and other financial institutions.
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What Is the FDIC?
Text Callout : Key Takeaways - What Is the FDIC? The Federal Deposit Insurance Corp., an independent federal agency, serves several functions. Arguably its most important job is insuring money you've ...
FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category — meaning a single person can protect far more than $250,000 by using different account types at the same ...
Dear Action Line: Considering the recent shenanigans on Wall Street, what is FDIC deposit insurance and can I count on it if my bank fails? — M.T., Tulsa.
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