Difference between revisions of "Federal Deposit Insurance Corporation"
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Latest revision as of 11:00, 21 October 2019
Definition
Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the US Congress to maintain stability and public confidence in the US financial system by:
- Insuring deposits
- Examining and supervising financial institutions for safety and soundness and consumer protection
- Making large and complex financial institutions resolvable and
- Managing receiverships.
