What Government Agency Insures Customer Deposits Up To A Certain Amount If A Bank Fails? A: The FDIC (Federal Deposit Insurance Corporation) is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the
Is The FDIC An Executive Agency? Agency overview Agency executive Jelena McWilliams Vice Chairman Website www.fdic.gov Is the FDIC a government agency? An independent agency of the federal government, the FDIC was created in 1933 in response to the thousands of bank failures that occurred in the 1920s and early 1930s. Who is the FDIC
What Agency Protects Your Savings In A Bank? The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that protects the funds depositors place in banks and savings associations. FDIC insurance is backed by the full faith and credit of the United States government. Who protects the savings and earning