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What did the FDIC insure?

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FDIC insures the deposits that customers place in banks. The purpose of this is to provide "Deposit Insurance" which guarantees the safety of cash deposited in its member banks, currently up to US $ 250,000 per depositor per bank. Currently FDIC insures deposits at more than 7500 institutions in the USA. This is to ensure that customers do not lose out their hard earned money in case of bank failures or bankruptcy
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Are there any annuities backed by fdic?

  No. But most variable annuities and fixed deffered annuities are backed by the State Gurantee Association, which is a government agency similar to the fdic

What is Federal Deposit Insurance Corporation FDIC?

FDIC is a Federal Government provided insurance program provided  through Federally regulated banks. It provides insurance protection  for depositors so that they will not h

How long does the 250000 FDIC insurance last?

May 26th, 2009   = FDIC Insurance Limit of $250,000 Extended Until 2013 =   Even as the FDIC oversaw the closures of two more banks last Friday (the 35th and 36th for th

What did fdic insure?

The fdic insures personal deposits. It was 100,000 per account now 250,000 per account. for more info take a look at http://www.fdic.gov/deposit/Deposits/insured/basics.html w

Where is FDIC Insurance located?

"Upon my recent studies, I have discovered that there are three locations for FDIC Insurance. Two are in Washington, DC and the other one is in Arlington, VA."

What is FDIC insurance and what does it cover?

Federal Deposit Insurance Corporation. The FDIC insures deposits at 8,195 institutions. The FDIC also examines and supervises certain financial institutions for safety and s

Is a cashiers check insured by the fdic?

It depends on if the bank is a member of the Federal Deposit  Insurance Corporation or not. If you get a cashiers check from a  bank that is insured by the Federal Deposit I