What does FDIC mean in BANKING
The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the US government in 1933 to restore public confidence in the banking industry. FDIC protects depositors of insured banks and savings associations against loss if the bank or savings association fails.
FDIC meaning in Banking in Business
FDIC mostly used in an acronym Banking in Category Business that means Federal Deposit Insurance Corporation
Shorthand: FDIC,
Full Form: Federal Deposit Insurance Corporation
For more information of "Federal Deposit Insurance Corporation", see the section below.
Essential Questions and Answers on Federal Deposit Insurance Corporation in "BUSINESS»BANKING"
Final Words:
The FDIC has been protecting consumers since 1933 and continues to provide invaluable service today through its comprehensive insurance coverage and educational resources available online at fdic website.