FDICs
FDICs is a plural shorthand commonly used to refer to the Federal Deposit Insurance Corporation, a United States federal agency. The standard term FDIC refers to a single agency, which provides deposit insurance, supervises financial institutions for safety and soundness, and resolves failed banks.
The FDIC was established in 1933 during the Great Depression to restore public confidence in the U.S.
Funding for the FDIC and the Deposit Insurance Fund (DIF) comes from insurance premiums paid by insured
In addition to insurance, the FDIC conducts bank examinations and consumer protection activities in coordination with
Governance is provided by a five-member Board of Directors appointed by the President and confirmed by the