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Purposes of the Federal Deposit Insurance Corporation?

Anonymous

∙ 14y ago

Updated: 9/15/2023

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.

Study Island answer:

to ensure that banks do not fail during economic crisis

You're welcome, Zack, Nic, Tommy.

Wiki User

∙ 14y 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

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.

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

What does FDIC stand for in US history?

Federal Deposit Insurance Corporation

When did the Federal Deposit Insurance Corporation start?

January 1st 1943

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Purposes of the Federal Deposit Insurance Corporation?

What else can I help you with?

When did the Federal Deposit Insurance Corporation Improvement Act pass?

What is a government owned corporation?

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

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

What dos FDIC stand for?

When was Federal Deposit Insurance Corporation created?

When did the Federal Deposit Insurance Corporation Improvement Act pass?

What is a government owned corporation?

What is the abbreviation for the Bank Insurance Corporation?

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

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

What dos FDIC stand for?

Is a cashiers check insured by the fdic?

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

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

What does FDIC stand for in US history?

When did the Federal Deposit Insurance Corporation start?

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