As part of the Banking Act of 1933, the objective of creating the FDIC was to provide confidence that bank deposits were ...

The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial system shaken by the failure of thousands of banks. Today, during a time of ...

Congress established the FDIC in 1933 in response to the staggering number of bank failures during the Great Depression. Today, the FDIC insures around 4,500 financial institutions and helps keep ...

It was established in 1933 as a response to the banking crisis of the Great Depression. The FDIC protects customers’ deposits of up to $250,000 per depositor, per bank, per account ownership ...

It is important to understand how the FDIC has proven itself critical ... hoping to get their money out of banks during the Depression in the 1930s and the Great Recession in 2008.

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Established during the Great Depression, the Federal Deposit Insurance Corp (FDIC) ensures that your bank deposits are safe, even if the bank goes under. The FDIC — which is funded by premiums ...