100,000
100,000
FDIC - Federal Deposit Insurance Corporation
Insures bank deposits up to $100,000. Go to FDIC.gov
It acts as an insurer of bank customer deposits. A+
FDIC stands for Federal Deposit Insurance Corporation. 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.
100,000
Canada Deposit Insurance Corporation was created in 1967.
Nigeria Deposit Insurance Corporation was created in 1988.
Federal Deposit Insurance Corporation was created in 1933.
FDIC - Federal Deposit Insurance Corporation
Insures bank deposits up to $100,000. Go to FDIC.gov
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.
It acts as an insurer of bank customer deposits. A+
FDIC stands for Federal Deposit Insurance Corporation. 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.
FDIC - Federal Deposit Insurance Corporation
It provides deposit insurance which guarantees the safety of checking and savings deposits in member banks, currently up to $100,000 per depositor per bank.
None