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What does the FDIC do? A. Provides insurance on money in bank accounts B. Regulates national interest rates C. Prints currency D. Provides bank account information to customers
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What does the FDIC do? A. Provides insurance on money in bank accounts B. Regulates national interest rates C. Prints currency D. Provides bank account information to customers

User Ahmed Abbas
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Answer: A. Provides insurance on money in bank accounts

Step-by-step explanation:

FDIC stands for Federal Deposit Insurance Corporation.

FDIC is an independent organization of the United States government that protects the funds depositors place in banks and savings associations.The mission of the Federal Deposit Insurance Corporation is to maintain stability and public confidence in the nation's financial system.

FDIC has the responsibility to insure bank deposits in eligible banks against loss in the event of a bank failure and to regulate certain banking practices.

User Kosmotaur
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