Changes

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==

==See also==

* [[Bank]]s

* [[Bank]]s

* [[Savings account]]

* [[Savings account]]

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[[category:United States Government Agencies]]

[[Category:United States Government Agencies]]

[[category:New Deal]]

[[Category:New Deal]]

[[category:Finance]]

[[Category:Finance]]

[[Category:Systems of Support]]

[[Category:Systems of Support]]

[[Category:Economics]]

[[Category:Economics]]

[[Category:Banks]]

[[Category:Banks]]