federal deposit insurance corporation Antonyms
No Synonyms and anytonyms found
Meaning of federal deposit insurance corporation
Wordnet
federal deposit insurance corporation (n)
a federally sponsored corporation that insures accounts in national banks and other qualified institutions
FAQs About the word federal deposit insurance corporation
a federally sponsored corporation that insures accounts in national banks and other qualified institutions
No synonyms found.
No antonyms found.
The Federal Deposit Insurance Corporation (FDIC) safeguards customer deposits in FDIC-member banks.
The FDIC provides deposit insurance coverage up to $250,000 per depositor, per insured bank.
The FDIC is an independent agency that was created during the Great Depression to restore faith in the banking system.
The FDIC ensures that depositors' funds remain available in the event of a bank failure.