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What is a federal government agency which insures federal chartered banks and savings and loans against loss called?
Wiki User
∙ 10y ago
Federal Deposit Insurance Corporation (FDIC)
Wiki User
∙ 10y ago
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Which federal agency insures bank deposits?
federal reserve
Which of the following insures savings accounts in the event that a bank fails A NATO B FDIC C FBI D CDC?
There are different agencies. FDIC insures bank accounts through the Fed Reserve. NCUA insures Federal Credit Unions, then there are private companies like ASI and others that insure accounts, however, FDIC and NCUA are the 2 federal insurance plans in place by the government
Is The National Credit Union Share Insurance Fund is an agency of the federal government and insures deposits of credit union members up to 100000?
yes , true
The Federal corporation insures money deposited in member banks?
FDIS A+
What federal corporation insures money deposited in member banks?
FDIC
A federal corporation which insures money deposited in member banks is the?
fdic
This federal corporation insures money deposited in member banks?
FDIC
What was the Federal Deposit Insurance Corporation FDIC?
the FDIC is a government agency that insures customer deposits if a bank fails, it was a last resort to restore trust in the nation's financial system.
What was the purpose of the federal deposit insurance corporation?
the FDIC is a government agency that insures customer deposits if a bank fails, it was a last resort to restore trust in the nation's financial system.
What federal corporation that insures money deposited in member banks called?
Federal Deposit Insurance Corporation, FDIC
What does NA stand for behind bank name?
National Association. It refers to which government agency granted it its charter (the right to be a bank). Some banks are state chartered, and thus regulated by the state's banking regulations, which can often be more lax than the national regulations. State chartered banks can have a harder time crossing into other states, unless those two states have an agreement to allow it, whereas nationally chartered banks can move into different states (though some restriction do apply). Regardless of its charter the Federal Deposit Insurance Corp is an entity that insures the deposits of both state and national banks, whereas CUNA does it for credit unions.
The federal deposit insurance corporation insures bank deposits up to how per deposit?
100,000
