FDIC
FEDERAL DEPOSIT INSURANCE CORPORATION
FDIC Symbol
The FDIC was created on June 16,1933.
Bank Failures
It was created in response to the thousands of bank failures that occured in the 1920's and early 1930's.
FDIC Front Building
The FDIC insures bank deposits up to $250,000.
SAIF
The FDIC is also responsible for the Savings Association Insurance Fund(SAIF). The SAIF insures deposits in savings and loans associations.