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The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation created by the Glass-Steagall Act of 1933. It provides deposit insurance, which guarantees the safety of deposits in member banks, currently up to $250,000 per depositor per bank. The FDIC insures deposits at 8,246 institutions with $13.5 trillion in assets. New Deposit Insurance Limits - The standard insurance amount of $250,000 per depositor is in effect through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except IRAs and other certain retirement accounts, which will remain at $250,000 per depositor. For more information visit: Deposit Insurance Simplification Fact Sheet. Insured institutions are required to place signs at their place of business stating that "deposits are backed by the full faith and credit of the United States Government." Since the start of FDIC insurance on January 1, 1934, no depositor has lost a single cent of insured funds as a result of a failure. HistoryFrom Wikipedia under the
GNU Free Documentation License From Yahoo Image Search: "Federal Deposit Insurance Corporation"  bankreorealestate.com unknown hu, 30 Jul 2009 21:58:55 GM Interesting little article on the 2nd largest bank in Texas being shut down. From the article, it looks like they made a number of loans to home-builders.  problembanklist.com admin hu, 23 Jul 2009 01:24:14 GM FDIC. Debt Guarantees Decline Slightly The . FDIC. Temporary Loan Guarantee Program (TLGP) was instituted late last year. The program's stated purpose and.  stockbloghub.com InvestmentU Fri, 24 Jul 2009 15:22:48 GM by David Fessler, Advisory Panelist As regular readers know, I have a passion for nearly all things hunting and fishing. For the last nine years or so, From Google Blog Search: "Federal Deposit Insurance Corporation"  news.google.com Bizjournals.com ... attributed the decline to an $85000 increase in its provision for loan losses and a $1 million increase in Federal Deposit Insurance Corp . premiums and ... North State Bancorp Reports Second Quarter 2009 Results PR Newswire (press release) Community Trust Bancorp Q2 Earnings Decline, Yet Top Estimates ... RTT News Community Trust Bancorp, Inc. Reports Earnings for the Second ... Trading Markets (press release) SYS-CON Media (press release) - Fresno Business Journal - Bizjournals.com all 178 news articles » news.google.com Wall Street Journal At the same time, Mr. Parsons negotiated an agreement that will subject Citigroup to tougher FDIC scrutiny. Citi executives believe Mr. Parsons has ... Citigroup Reportedly Close To Deal With FDIC - Update RTT News Citi And The FDIC Negotiate Memorandum of Understanding (MOU) StreetInsider.com (subscription) Citi Nears FDIC Deal Emii.com Mortgageorb - OpRisk and Compliance (subscription) - SmartBrief all 597 news articles » news.google.com Bizjournals.com The Post said the bank was an unlikely candidate for the federal money and that the Federal Deposit Insurance Corp . had already decided that Central ... Hawaii Dem Linked to Questionable Bank Bailout CBS News Dialing for Dollars Washington Post Inouye's office inquired about bank's aid request The Associated Press Honolulu Star-Bulletin - KPUA - Examiner.com all 108 news articles » From Google News Search: "Federal Deposit Insurance Corporation" what is known as Federal deposit Insurance Corporation, what are the process taken by FDIC? Q. what is known as Federal deposit Insurance Corporation, what are the process taken by FDIC? Asked by Mark R - Fri May 29 07:04:17 2009 - - 2 Answers - 0 Comments A. To know about FDIC search through internet, and for your basic reference Answered by unknown - Fri May 29 07:11:29 2009 What did the Sherman Antitrust Act do? Q. A. It created the Federal Deposit Insurance Corporation. B. It made monopolies against the law. C. It made parks, schools, and police forces mandatory. D. It created the Consumer Product Safety Commission. Asked by angel o - Sat Jun 14 15:50:27 2008 - - 8 Answers - 0 Comments A. B It was mean to be used against trusts but, it was first used against unions because it was to be used against anything that threatens competition. Later Theodore Roosevelt used it as a tool to "trust bust". Answered by Shana D - Sat Jun 14 15:55:40 2008 Money Market Account - Vanguard?
Q. I have $15,000 that I would like to transfer to Vanguard. I heard about the 5.10% interest rate that Vanguard is paying for their "Prime Money Market Fund." However, I also read in their site the following: "A money market mutual fund investment is **not insured** or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in such a fund" ( https://flagship.vanguard .com/VGApp/hnw/FundsSnaps hot?FundId=0030&FundIntEx t=INT ) Does this mean that I can actually lose my money because their Money Market accounts are not insured? I wouldn't mind the risk of losig $10… [cont.] Asked by Diana7744 - Fri May 4 08:57:36 2007 - - 7 Answers - 0 Comments A. I have had a Vanguard Prime Money Market Account for years now, and I love it. I did a lot of research before choosing that place for my emergency funds, and I have never regretted it. PS-actually as of last month they're paying 5.22%. It's true that money market funds are not FDIC insured because they are not cash--technically you're investing in treasury notes and overnight paper. Basically you are investing in ultra short term (overnight) bonds backed by the US government. Which is as safe as it gets. They simply put that as a disclaimer so people don't confuse their investment with cash at a bank. But the only way you'll lose money in a money market is if the government defaults on its debt--ie refuses to pay back all the… [cont.] Answered by lizzgeorge - Fri May 4 14:50:51 2007 From Yahoo Answer Search: "Federal Deposit Insurance Corporation" See also:
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Federal Deposit Insurance Corporation (FDIC)