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.