The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial system shaken by the failure of thousands of banks. Today, during a time of ...

Donald Trump has officially revealed when America was last “great”: the 1930s. Back in that golden era, there was no polio vaccine. The United States instigated a series of debilitating ...

The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial system shaken by the failure of thousands of banks. Today, during a time of ...

Test your knowledge of the Great Depression in the U.S., its causes, devastating impact on society and economy, and the New ...

The FDIC is a government agency that was created during the Great Depression. The sudden collapse of two regional U.S. banks in three days has some Americans wondering if their bank could be next ...

The FDIC was established by the Banking Act of 1933 during the Great Depression. That year, approximately 4,000 commercial banks failed, and the legislation was intended to restore Americans ...

MAY 11 (Reuters) - Created after the Great Depression, the Federal Deposit Insurance Corp (FDIC) is the independent federal agency charged with insuring depositors in the case of bank failures by ...

During the Great Depression, many banks failed partly because they had lent out too much of the money customers deposited with them. At a basic level, banks make money by charging interest to lend ...

Founded in 1933 after thousands of families lost their life savings in the bank failures of the Great Depression, the agency now brags on its website: "In the FDIC's history, no customer has ever ...