Information about the FDIC | March 19, 2020
The Federal Deposit Insurance Corporation (FDIC) is a government organization that provides insurance on deposited funds in U.S. banks. Since the inception of the Federal Deposit Insurance Corporation (FDIC) in 1933, no depositor has lost a penny of FDIC-insured funds as a result of a failure1.
For information about FDIC insurance and tips on how to protect your money, visit:
1 Source: https://www.fdic.gov/about/what-we-do/