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  2. Federal Deposit Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Federal_Deposit_Insurance...

    The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. [8]: 15 The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the

  3. ‘One of the dumbest ideas’: Abolishing the FDIC could ...

    www.aol.com/one-dumbest-ideas-abolishing-fdic...

    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.

  4. The FDIC change that leaves wealthy bank depositors ... - AOL

    www.aol.com/finance/fdic-change-leaves-wealthy...

    What isn't changing is that the FDIC still insures up to $250,000 per depositor and per account category at each bank. Here's how that works: Say you have $250,000 in an individual savings account ...

  5. Trump advisers seek to shrink or eliminate bank regulators ...

    www.aol.com/news/trump-advisers-seek-shrink...

    Trump's transition team, FDIC, OCC, and the Treasury department did not immediately respond to Reuters' request for comment. Trump advisers seek to shrink or eliminate bank regulators, WSJ reports ...

  6. Independent agencies of the United States government

    en.wikipedia.org/wiki/Independent_agencies_of...

    The Federal Deposit Insurance Corporation (FDIC) provides deposit insurance to depositors in U.S. commercial banks and savings banks. The FDIC was created by the 1933 Banking Act, enacted during the Great Depression to restore trust in the American banking system. Member banks' insurance dues are the primary source of funding.

  7. Federal Savings and Loan Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Federal_Savings_and_Loan...

    The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) abolished the FSLIC, and it transferred the responsibility for savings and loan deposit insurance to the Federal Deposit Insurance Corporation (FDIC).

  8. Trump's floated idea to shutter FDIC would be political heavy ...

    www.aol.com/news/trump-advisers-reported-plan...

    Still, top U.S. banking executives expect Trump's incoming administration will overhaul bank regulatory policy, including by easing up on mergers, and shelving onerous bank capital rules, while ...

  9. Deposit insurance - Wikipedia

    en.wikipedia.org/wiki/Deposit_insurance

    The Federal Deposit Insurance Corporation (FDIC) is the deposit insurer for the United States. Prior to the Civil War and in the 1920s, there were various sub-national deposit insurance schemes. The United States was the second country (after Czechoslovakia ) [ 9 ] to institute national deposit insurance when it established the FDIC in the wake ...