25.8k views
1 vote
Define federal deposit insurance corporation.​

User Ardal
by
8.2k points

1 Answer

5 votes
The federal deposit insurance corporation is an independent agency of the United States government that protects the funds depositors place in banks and savings associations. FDIC insurance covers all deposit accounts , including: checking accounts, savings accounts ,money market deposit accounts.
User Wojciech Danilo
by
8.3k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories