Government_Ch5_FDIC

=**Federal Deposit Insurance Corporation (FDIC)**= This agency insures bank deposits up to $250,000 (use to be $100,000). Banks are regulated by the FDIC. When you go into a bank, you'll notice an FDIC plaque. According to the FDIC website, the mission of the FDIC is: The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation's financial system by:
 * insuring deposits,
 * examining and supervising financial institutions for safety and soundness and consumer protection, and
 * managing receiverships.

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