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Federal Deposit Insurance Corporation (view source)
Revision as of 01:01, December 16, 2014
, 01:01, December 16, 2014Added hyperlinks and Proof Read and Categories and See Also
Initially, the FDIC insured the first $2,500 in each deposit account. In July 1934, the limit was raised to $5,000. In 1969 the limit was raised to $20,000, and in 1974 it increased to $40,000. In 1980, the limit was raised to $100,000.<ref>{{cite web|url=http://www.fdic.gov/news/news/speeches/archives/1997/sp23jan97.html|title=FDIC Symposium:History of the Eighties: Lessons for the Future|author=Ricki Helfer, FDIC Chairman|date=January 16, 1997|accessdate=October 22, 2012}}</ref>
Initially, the FDIC insured the first $2,500 in each deposit account. In July 1934, the limit was raised to $5,000. In 1969 the limit was raised to $20,000, and in 1974 it increased to $40,000. In 1980, the limit was raised to $100,000.<ref>{{cite web|url=http://www.fdic.gov/news/news/speeches/archives/1997/sp23jan97.html|title=FDIC Symposium:History of the Eighties: Lessons for the Future|author=Ricki Helfer, FDIC Chairman|date=January 16, 1997|accessdate=October 22, 2012}}</ref>
==See Also==
* [[Bank]]s
* [[Savings account]]
==References==
==References==
<references/>
<references/>
[[category:New Deal]]
[[category:New Deal]]
[[category:Finance]]
[[category:Finance]]
[[Category:Systems of Support]]