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Congress created the Federal Deposit Insurance Corporation in order to?

Anonymous

∙ 15y ago

Updated: 9/15/2023

NovaNET Answer: protect people's savings accounts.

Wiki User

∙ 15y ago

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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

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

None

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

bank deposit

What dos FDIC stand for?

Federal Deposit Insurance Corporation

Related Questions

When was Federal Deposit Insurance Corporation created?

Federal Deposit Insurance Corporation was created in 1933.

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

protect peoples savings accounts

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 did congress establish to insure bank deposits?

The Federal Deposit Insurance Corporation (FDIC).

What is the abbreviation for the Bank Insurance Corporation?

The initials are FDIC for federal deposit insurance corporation.

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

None

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

bank deposit

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.

What federal corporation that insures money deposited in member banks called?

Federal Deposit Insurance Corporation, FDIC

The federal deposit insurance corporation insures bank deposits up to how per deposit?

100,000

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