The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation’s financial system. Learn about the FDIC’s mission, leadership, history, career opportunities, and more.

The FDIC provides deposit insurance to protect your money in the event of a bank failure. Your deposits are automatically insured to at least $250,000 at each FDIC-insured bank.

FDIC deposit insurance protects your money in deposit accounts at FDIC-insured banks in the event of a bank failure. Since the FDIC was founded in 1933, no depositor has lost a penny of FDIC-insured funds.

The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. [8]: 15 The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the

Apr 29, 2024 · The FDIC (Federal Deposit Insurance Corporation) is an independent government agency that oversees the banking industry. The FDIC’s primary duty is to insure deposits at U.S. member banks...

8 hours ago · Congress Investigates Debanking, FDIC’s “Choke Point 2.0” Documents Revealed. This week, both houses of Congress are taking a hard look at whether regulators pushed banks to cut crypto ...

Mar 14, 2023 · The Federal Deposit Insurance Corp. (FDIC) is an independent federal agency that provides insurance to U.S. banks and thrifts.

Jan 22, 2025 · The Federal Deposit Insurance Corporation (FDIC) is a U.S. government agency created under the Banking Act of 1933 (also known as the Glass-Steagall Act) whose primary role is to insure and protect bank depositors’ funds against loss in the event of a bank failure.

The FDICconnect Business Center is the secure Internet portal for FDIC-insured institutions to conduct business and exchange information with FDIC.

Dec 12, 2024 · FDIC insurance covers traditional deposit accounts, and depositors do not need to apply for FDIC insurance. Coverage is automatic whenever a deposit account is opened at an FDIC-insured bank or financial institution.