Federal Deposit Insurance Corporation (fdic) Email & Phone number of top level executives

Federal Deposit Insurance Corporation (fdic)

Banking

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that provides insurance to protect depositors in case their bank fails. Founded in 1933 during the Great Depression, the FDIC insures deposits up to $250,000 per depositor, per FDIC-insured bank. The FDIC also supervises and regulates more than 3,000 banks and savings banks in the United States. Its primary mission is to maintain stability and public confidence in the nation’s banking system by safeguarding both depositors and the financial institutions that serve them. The FDIC plays a crucial role in promoting the safety and soundness of the nation's financial system.