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Real Estate Glossary

Federal Deposit Insurance Corporation (FDIC)

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Written by Luis Escobar

The mission of the FDIC is to protect the money people deposit into their bank accounts. They do so in order to maintain public confidence in the nation’s financial system. They have been promoting safe and sound banking practices since the year 1993. The insurance FDIC offers is present in almost every US bank and savings and loan.

The mission of the FDIC is to protect the money people deposit into their bank accounts. They do so in order to maintain public confidence in the nation’s financial system. They have been promoting safe and sound banking practices since the year 1993. The insurance FDIC offers is present in almost every US bank and savings and loan.

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Luis Escobar

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