FDIC insurance is backed by the full faith and credit of the government of the United States, and according to the FDIC, "since its start in 1933 no depositor has ever lost a penny of FDIC-insured funds". [6][7]
The Federal Deposit Insurance Corporation (FDIC) answers questions about federal deposit insurance coverage, and handles complaints and inquiries about FDIC-insured state banks which are not members of the Federal Reserve System.
FDIC insurance: What it is, how it works and limits - Bankrate
The Federal Deposit Insurance Corp. (FDIC) is an independent federal agency that provides insurance to U.S. banks and thrifts.
FDIC insurance protects deposits at any failed bank, as long as it's a member of the FDIC. As of December 31, over4,300 banks and savings institutions were FDIC-insured.
Worried about your bank deposits? Learn how FDIC insurance works, including four key facts you need to know to protect your savings.
There are many different types of insurance, such as health, life, home and vehicle. But did you know that your bank deposits can be insured, too? The Federal Deposit Insurance Corporation (FDIC) is ...
The FDIC is an independent agency created by Congress to maintain stability and public confidence in the nation's financial system.
While the FDIC operates independently, when you deposit money in an FDIC-insured account, it's the U.S. government that guarantees your money will always be accessible.
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It’s best to make sure your deposits are at an FDIC-insured institution and don’t exceed the FDIC limits, so you can readily access your insured funds if your bank fails.