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. | + | 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 $100,000 of deposits for an account holder. |
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[[category:United States Government]] | [[category:United States Government]] | ||
Revision as of 19:25, October 1, 2008
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 $100,000 of deposits for an account holder.