FDIC

American  

1. Federal Deposit Insurance Corporation.

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Example Sentences

Consequently, the FDIC’s ratio of guaranteed deposits to reserves—a critical indicator of the fund’s ability to protect taxpayers—would be dangerously distorted for 10 years.

From The Wall Street Journal

Like the FDIC, these are insured by the government for up to $31,000.

From MarketWatch

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.

From Barron's

It would potentially merge the FDIC, the OCC, the nonmonetary policy parts of the Federal Reserve and the National Credit Union Administration.

From Salon

“This controversy is hurting him and his agency. For his own sake and everyone at the FDIC, he should announce his intention to resign effective with the appointment,” she said.

From Seattle Times