Federal Deposit Insurance Corporation
define: Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is a federal agency that insures deposits in banks and other financial institutions throughout the United States. FDIC-insured deposit accounts used to be insured up to $100,000 per depositor, but the insured amount has been increased to $250,000 per depositor through December 31, 2013. For further information, see FDIC Insurance increase extended
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