FDIC New Deal Program

We Save Your Money, One Day at a Time

What is the FDIC's Purpose?

The FDIC's purpose is to insure bank deposits in eligible banks against loss in the event of a bank failure and to regulate certain banking practices. It was established after the collapse of many American banks during the years of the Great Depression.

Who would benefit from this?

A lot of people benefit from this. You can make a savings plan and retirement plans. The FDIC provide a monthly plan retirees who have met the eligibility requirements for retirement.