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 ...

The FDIC was created to protect consumers. FDIC insurance will keep up to $250,000 safe in individual bank accounts, even if ...

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.

After all, the FDIC was created during the Great Depression, a time of great turmoil, when thousands of banks failed, and ever since its formation, the FDIC has ensured that not a penny of insured ...

Protection for your deposits In response to the bank failures of the Great Depression, Congress founded the Federal Deposit Insurance Corporation (FDIC) to oversee banks and protect consumer bank ...