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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 Federal Deposit Insurance Corporation covers deposits up to $250,000.

From MarketWatch Jan. 5, 2026

You could just keep your dollars in dollars, and as long as they’re in a bank, the Federal Deposit Insurance Corporation will make sure you get it back.

From Slate May 21, 2025

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 Dongen, H. R. van

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