Question

 Why is FDIC insurance important to depositors?

Answer The Federal Deposit Insurance Corporation, or FDIC, insures many bank deposits up to $250,000. This deposit insurance lets depositors know their funds are covered in case the bank fails.FunctionFDI... Read More »
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Top Q&A For: Why is FDIC insurance important to depositors

Why is FDIC insurance important to you?

FDIC or Federal Deposit Insurance Corporation is a government agency that protects money deposited in FDIC-insured institutions.FunctionThe FDIC reimburses you for money lost if a bank goes out of ... Read More »
http://www.answerbag.com/q_view/1967514

What does FDIC insurance cover?

FDIC is short for Federal Deposit Insurance Corporation. FDIC insurance covers bank deposit accounts such as savings, checking, trusts, IRAs and certificates of deposit up to the coverage limit in ... Read More »
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Explain FDIC Insurance?

FDIC stands for Federal Deposit Insurance Corporation, which is a government organization that oversees the banking industry. The purpose of the FDIC is to prevent people from losing money when ban... Read More »
http://www.ehow.com/about_7547270_explain-fdic-insurance.html

What does fdic insurance stand for?

FDIC is short for Federal Deposit Insurance Corporation. The FDIC backs deposit accounts in case the bank fails. As of 2010, the insurance limit is the first $250,000 per person per bank.Source:FDI... Read More »
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