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Government agencyUnited States

Federal Deposit Insurance Corporation

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Business overview

Company background

The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the United States Congress to maintain stability and public confidence in the nation's financial system.

The FDIC insures deposits, examines and supervises financial institutions for safety, soundness, and consumer protection, manages receiverships, and makes large and complex financial institutions resolvable. The FDIC is managed by a five-person Board of Directors appointed by the President of the United States and confirmed by the Senate.

Based on fdic.gov

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Federal Deposit Insurance Corporation — overview and coverage — InsideASEAN