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Federal Deposit Insurance Corporation

American  

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


Example Sentences

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See Examples For:

The Fed stands ready to supply liquidity during panics, while the Federal Deposit Insurance Corporation assures most depositors that they need not bear the consequences of choosing an unsound bank.

From The Wall Street Journal ● Sep. 21, 2026

The Federal Deposit Insurance Corporation says there are several ways to help ensure that a check received in the mail is real.

From MarketWatch ● Apr. 27, 2026

These boxes can hold important documents, family keepsakes, pictures and other important items, according to the Federal Deposit Insurance Corporation.

From Los Angeles Times ● Jan. 23, 2025

JPMorgan’s results were impacted by a $725 million one-time charge to the Federal Deposit Insurance Corporation.

From Seattle Times ● Apr. 12, 2024

The Federal Deposit Insurance Corporation insures all depositors for deposits up to twenty thousand dollars now.

From Damned If You Don't by H. R. van Dongen

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