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Federal Deposit Insurance Corperation

a dept. of the federal reserve that insures bank deposits up to 250,000 in the event of a bank run,pre 2009 recesion it was only insured up to 100,000

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13y ago
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16y ago

The FDIC is the Federal Deposit Insurance Corporation. It insures that money put in to your bank will be given back if the bank goes bankrupt.

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13y ago

Fedral Depoist Insurance Corporation

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Q: What is the definition of FDIC?
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