Federal Deposit Insurance Corporation
From Open Risk Manual
Revision as of 11:00, 21 October 2019 by Wiki admin (talk | contribs) (Created page with "== Definition == '''Federal Deposit Insurance Corporation''' (FDIC) is an independent agency created by the US Congress to maintain stability and public confidence in the US f...")
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.
