Federal Deposit Insurance Corporation

noun

1. a public corporation, established in 1933, that insures, up to a specified amount, all demand deposits of member banks. : FDIC

Federal Deposit Insurance Corporation

1. A federal agency that insures deposits in the savings accounts of qualifying banks.

Example Sentences

Four days later, the Federal Deposit Insurance Corporation shut down Montgomery Bank & Trust.

From The Daily Beast

Check out the data (PDF) from the Federal Deposit Insurance Corporation.

From The Daily Beast