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Federal Deposit Insurance Corporation · Washington, DC United States

550 17th St. NwPhone: 202-898-7021
WashingtonDCFax: 202-942-3427
20429
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Federal Deposit Insurance Corporation Rankings

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Company Description

The FDIC is like money in the bank, only better. The Federal Insurance Corporation (FDIC) insures deposits and retirement accounts in member accounts for up to $250,000, protecting depositors in the event of bank failure. It also supervises financial institutions and manages failed banks. The FDIC is funded by member bank premiums for deposit insurance coverage and from earnings on investments in US Treasury securities. It insures more than $3 trillion of deposits, covering virtually every bank in the country. (It does not cover mutual funds, securities, or related investments.) An independent federal agency, the FDIC was created in 1933 in response to bank runs during the Great Depression.

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Financials

Company TypeGovernment AgencyHeadquarters
Fiscal Year-EndDecember
Employees7,300

Executives

120 executives listed for Federal Deposit Insurance Corporation's Washington, DC location.

Comptroller of the Currency and DirectorJohn DuganE-mail

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