The Federal Deposit Insurance Corporation (FDIC)

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The FDIC examines banks for compliance with all of the following consumer protection law, except:

Emergency Economic Stabilization Act

Federal Deposit Insurance Corporation (FDIC)

preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for up to $250,000, by identifying, monitoring and addressing risks to the deposit insurance funds, and by limiting the effect on the economy and the financial system when a bank or thrift institution fails.

The FDIC receives its funding from?

Premiums that banks and thrift institutions pay

The FDIC receives no Congressional appropriations

funded by premiums that banks and thrift institutions pay for deposit insurance coverage and from earnings on investments in U.S. Treasury securities

The FDIC insures deposits in banks and thrift institutions for up to:

$250,000

The FDIC was created in:

1933


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