Insure Deposits, Supervise Institutions, Address Concerns, Provide Resources

Consumer News February 27, 2020 How Does the FDIC Protect Consumers? Insure Deposits, Supervise Institutions, Address Concerns, Provide Resources The Federal Deposit Insurance Corporation (FDIC) is known for protecting depositors, but we do more to connect with and protect the public. The FDIC was created in 1933 in response to the thousands of bank failures during the Great Depression of the late 1920s and early 1930s. Since the start of FDIC insurance in 1934, no depositor has lost a single cent of insured funds.     Read the Story Manage Preferences  |  Unsubscribe  |  Contact Us  |  Help

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