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Federal Deposit Insurance Corporation was created in 1933.

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Federal Deposit Insurance Corporation was created in 1933.

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The Federal Deposit Insurance Corporation was established by Roosevelt in the Glass-Steagall Act. This Act insured deposits up to $2500 and reduced the number of bank closings in 1934.

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The Federal Deposit Insurance Corporation Improvement Act passed in 1991

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Federal Deposit Insurance corporation

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The initials are FDIC for federal deposit insurance corporation.

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