fdic Antonyms
No Synonyms and anytonyms found
Meaning of fdic
Wordnet
fdic (n)
a federally sponsored corporation that insures accounts in national banks and other qualified institutions
fdic Sentence Examples
- Deposits up to $250,000 at FDIC-insured banks are protected against loss in the event of bank failure.
- The FDIC, short for Federal Deposit Insurance Corporation, insures deposits at member banks.
- FDIC insurance provides peace of mind to depositors, knowing that their money is protected.
- FDIC coverage extends to checking accounts, savings accounts, and certain other deposit products.
- Banks must meet FDIC requirements and undergo regular examinations to maintain their insured status.
- FDIC-insured banks display the FDIC logo on their premises and promotional materials.
- The FDIC has played a crucial role in stabilizing the financial system during economic downturns.
- Depositors can access FDIC guidelines and resources through the FDIC's website.
- It is essential for consumers to choose FDIC-insured banks to protect their hard-earned savings.
- The FDIC's mission is to maintain confidence in the U.S. financial system by insuring deposits and promoting safe and sound banking practices.
FAQs About the word fdic
a federally sponsored corporation that insures accounts in national banks and other qualified institutions
No synonyms found.
No antonyms found.
Deposits up to $250,000 at FDIC-insured banks are protected against loss in the event of bank failure.
The FDIC, short for Federal Deposit Insurance Corporation, insures deposits at member banks.
FDIC insurance provides peace of mind to depositors, knowing that their money is protected.
FDIC coverage extends to checking accounts, savings accounts, and certain other deposit products.