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United States - Federal Deposit Insurance Corporation: Moneysmartz Profile
United States - Federal Deposit Insurance Corporation - The Federal Deposit Insurance Corporation ("FDIC") is a government corporation created by the Congress in 1933. With its mission "to maintain the stability and public confidence in the nation’s financial system by insuring deposits, examining and supervising financial institutions..." the FDIC provides deposit insurance to ensure the safety of checking and savings deposits up to $250,000 per depositor. The limit on deposit insurance was temporarily increased from $100,000 to $250,000 and expires on December 31, 2009. It also examines and supervises about 5,160 banks and savings banks which account for more than half of the institutions in the banking system. The site offers resources and tips in protecting bank and savings accounts and a deposit insurance estimator.
Federal Deposit Insurance Corporation Site Navigation Tips
When visiting the Federal Deposit Insurance Corporation site, Moneysmartz recommends these stops:
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