Federal Deposit Insurance Corporation
Insure Your Financial Earnings
This corporation's purpose is to help people keep the trust that they have with the bank in which they store their money. The FDIC supplies deposit insure to ensure the safety of a person's deposit into one's bank account. THe FDIC has also been insuring citizens of the United States for over 75 years.
Backed With Full Approval of the U.S. Goverment since 1933
The FDIC was founded in 1933 as an insurance company. The purpose for the FDIC is to place insurance on people's money that is deposited into banks. It was also founded to help people trust nation's banks again and thats what deposit insurance did. From then on people knew that if banks failed, their money was backed up.