FDIC
Bank account protector
FDIC stands for Federal Deposit Insurance Corporation, a U.S. government agency that insures bank deposits.
If a bank fails, the FDIC guarantees depositors will recover their money up to the coverage limit—currently $250,000 per depositor per bank.
Created during the Great Depression to restore confidence in the banking system, the FDIC remains central to financial stability: Your savings are FDIC-insured.
Supervision or inadvertent omission
- supervisionOverseeing people or processes
- examinationMethodical assessment or review
- complianceAdhering to requirements
- enforcementCompelling compliance with rules
charter · receivership · resolution · conservatorship · systemic risk · Dodd-Frank · assessment · premium
Extent of inclusion
- insured depositsBank holdings with guarantees
- pass-throughTransferred without retention
- beneficiaryDesignated asset receiver
- coverage limitMaximum insurer pays out
1930s global economic crisis
- bank runsMass depositor withdrawals
- Glass-SteagallBanking firewall legislation
- New DealDepression-era reform agenda
- RooseveltFamous presidential surname
Place holding deposits
- thriftCareful use of resources
- commercial bankDeposit and loan institution
- community bankLocal financial institution serving area
oversight
Supervision or inadvertent omission
- supervisionOverseeing people or processes
- examinationMethodical assessment or review
- complianceAdhering to requirements
enforcement · charter · receivership · resolution · conservatorship · systemic risk · Dodd-Frank · assessment · premium · risk-based
coverage
Extent of inclusion
- insured depositsBank holdings with guarantees
- pass-throughTransferred without retention
- beneficiaryDesignated asset receiver
coverage limit · fund · backing · guarantee
Great Depression
1930s global economic crisis
- bank runsMass depositor withdrawals
- Glass-SteagallBanking firewall legislation
- New DealDepression-era reform agenda
Roosevelt · bank holiday · crisis · bank panic · too big to fail
bank
Place holding deposits
- thriftCareful use of resources
- commercial bankDeposit and loan institution
- community bankLocal financial institution serving area
- Federal ProgramsSocial Security, Medicare, Medicaid, food stamps, SNAP
- agenciesOgilvy, FDA, travel agency, employment agency, news agency
- bankingbank, banks, ATM, ATMs, account
- federal servicesSocial Security, Medicare, IRS, USPS, postal service
- US bankingFed, national banks, bank runs, bank failures, Federal Reserve
- Banking Historybank runs, bank failures, central banks, Federal Reserve, gold standard
FDICbank run
Panicked mass withdrawal
bank panic · bank failure · financial collapse · systemic failure · financial panic
Securities holding arrangement
money market fund · cryptocurrency · stocks · hedge fund · venture capital
- FDIC insuranceFederal protection for bank accounts
- FDIC insuredDeposits protected by government