FDIC

1. Federal Deposit Insurance Corporation.

Example Sentences

Silicon Valley Bank, a financial firm used by many technology start-ups and companies, failed after a bank run and was taken over by the FDIC.

Read more on Barron's

But increasing the limit risks emboldening banks and depositors to take more risks and could make financial crises much more costly for the FDIC.

Read more on The Wall Street Journal

Trump's team has floated eliminating the agency, along with banking regulators like the FDIC.

Read more on Salon

According to the FDIC, “no depositor has lost a penny” since the agency was founded in 1933.

Read more on Salon

Scott, who called for Gruenberg to step down in December when the initial allegations were made public, is now calling for the Banking Committee to hold a separate hearing on the FDIC’s workplace issues.

Read more on Seattle Times