181k views
3 votes
The federal deposit insurance corporation insures bank accounts up to a particular amount. this means that if the bank fails, the money is guaranteed by the government.

1 Answer

4 votes
This is a true statement if that's what you were looking for
User WUJ
by
7.9k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.