Federal Deposit Insurance Corporation (FDIC) | Company Profile - Revenue, Headcount, Tech Stack, Contacts
The Federal Deposit Insurance Corporation (FDIC) is an independent U.
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The Federal Deposit Insurance Corporation (FDIC) is an independent U.S. government agency established in 1933 to ensure stability and public confidence in the financial system. Its primary mission is to provide deposit insurance, supervise and regulate banks, manage receiverships of failed banks, and ensure the resolvability of large financial institutions. The FDIC protects depositors by insuring deposits up to $250,000 per depositor at insured banks.
The FDIC offers deposit insurance for various account types, including checking and savings accounts, while excluding investments like stocks and mutual funds. It supervises state-chartered banks and other insured institutions to ensure their safety and soundness. The agency also manages the orderly resolution of failed banks to minimize disruption and maintain public confidence in the banking system. Additionally, the FDIC publishes research and data to inform policymakers and the public about the banking industry.
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