Difference between revisions of "Federal Deposit Insurance Corporation"

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The '''Federal Deposit Insurance Corporation''' (FDIC) is an agency which insures deposits in bank institutions in the event of [[money|financial]] failure.  Current policies insure the first $250,000 of deposits for an account holder. It was established during [[Franklin Delano Roosevelt]]'s [[New Deal]], through the Glass-Steagall Act of 1933.
 
The '''Federal Deposit Insurance Corporation''' (FDIC) is an agency which insures deposits in bank institutions in the event of [[money|financial]] failure.  Current policies insure the first $250,000 of deposits for an account holder. It was established during [[Franklin Delano Roosevelt]]'s [[New Deal]], through the Glass-Steagall Act of 1933.
  

Revision as of 10:33, March 19, 2009

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The Federal Deposit Insurance Corporation (FDIC) is an agency which insures deposits in bank institutions in the event of financial failure. Current policies insure the first $250,000 of deposits for an account holder. It was established during Franklin Delano Roosevelt's New Deal, through the Glass-Steagall Act of 1933.