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Federal Deposit Insurance Corporation (FDIC)

Federal Deposit Insurance Corporation (FDIC) is the federal agency that insures deposits at commercial and savings banks.


Federal Deposit Insurance Corporation (FDIC) is the U.S.  Government agency that guarantees the repayment of the public’s deposits in U.S. banks up to a maximum of $100,000 and assesses insurance premiums that must be paid by banks offering federally insured deposits.


Federal Deposit Insurance Corporation (FDIC) is a public corporation with a threefold purpose: to build confidence in the nation’s banking system, insure depositors account balances, and promote sound bank management.

 

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