Federal Deposite Insurance Corp (FDIC)

by Econlife Editor    •    Feb 13, 2014    •    76 Views    •    TIME TO READ: 0 minutes Less than a minute

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The federal agency that insures the bank deposits of almost every bank and thrift institution in the U.S. (currently at a $250,000 per account maximum until 12/31/13) and oversees liquidation and purchases of banks and injections of new capital when a bank is in danger of failing.

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