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What exactly is a fdic insurance?

FDIC stands for Federal Deposit Insurance Corporation. Fdic insurance allows you to be covered and not lose any money when having a deposit account if your financial institution fails.


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


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 are the FDIC insurance limits for savings accounts?

The FDIC or Federal Deposit Insurance Company is a Federal Government Corporation in the United States that now provide deposit insurance and safety for a depositor's account up to $250,000.


What is the abbreviation for the Bank Insurance Corporation?

The initials are FDIC for federal deposit insurance corporation.


What dos FDIC stand for?

Federal Deposit Insurance Corporation


What is a government owned corporation?

Federal Deposit Insurance corporation


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

100,000


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.


The federal Deposit Insurance Corporation insures bank deposits up to how much per deposit?

100,000