Federal Deposit Insurance Corporation (Fdic)
Who We Are
The Federal Deposit Insurance Corporation (FDIC) is an independent federal agency established in 1933 to uphold the stability and public confidence in the U.S. financial system through robust measures such as insuring deposits, examining and supervising financial institutions, facilitating the resolvability of large financial entities, and managing receiverships. The FDIC is funded entirely through premiums paid by banks and savings associations for deposit insurance coverage, ensuring the agency operates without Congressional appropriations. By protecting trillions of dollars in deposits across almost all banks and savings associations in the country, the FDIC demonstrates its commitment to enhancing safety and soundness in financial institutions while reinforcing consumer protection.
