| The Federal Deposit Insurance Corporation (FDIC) is an independent federal agency created by the Glass-Steagall Act of 1933 . The vast number of bank failures in the Great Depression spurred the United States Congress into creating an institution which would guarantee banks , inspired by the success the Commonwealth of Massachusetts experienced with Deposit Insurance Fund (DIF). The FDIC currently guarantees checking and savings deposits in member banks up to $100,000 per depositor . |
|
Real Estate News Real Estate Articles Types of Real Estate Financing Privacy Policy Site Map
© AboutRealEstates.com - Designed by Hip Aviles