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Q: Why is the federal deposit insurance corporation created?
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When was Federal Deposit Insurance Corporation created?

Federal Deposit Insurance Corporation was created in 1933.


When did the Federal Deposit Insurance Corporation Improvement Act pass?

The Federal Deposit Insurance Corporation Improvement Act passed in 1991


What is a government owned corporation?

Federal Deposit Insurance corporation


What is the abbreviation for the Bank Insurance Corporation?

The initials are FDIC for federal deposit insurance corporation.


Which of these was created from the Glass-Steagall Act of 1933 after the Great Depression?

Federal Deposit Insurance Corporation


Congress created the federal deposit insurance corporation in order to do what?

protect peoples savings accounts


How much money can you deposit in the federal deposit insurance corporation?

None


What did the Federal Deposit Insurance Corporation (FDIC) insure?

bank deposit


Congress created the Federal Deposit Insurance Corporation in order to?

NovaNET Answer: protect people's savings accounts.


Which of the following items is not a major component of Social Security?

Private pension plans are not a major component of Social Security, as they are separate retirement benefits provided by employers or purchased individually. Social Security primarily consists of retirement, disability, and survivor benefits funded through payroll taxes.


What dos FDIC stand for?

Federal Deposit Insurance Corporation


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 Insurance Corporation, then that check is insured.