Consumer Basics

Federal Deposit Insurance Corporation

The Federal Deposit Insurance Corporation (FDIC), which was formed in 1933, is a U.S. government corporation that generally focuses on guaranteeing the safety of deposits in member banks.

Federal Deposit Insurance Corporation
Consumer Response Center
1100 Walnut St., Box #11
Kansas City, MO 64106
Phone: (877) 275-3342 (ASK-FDIC)
http://www.fdic.gov/consumers/

The Federal Deposit Insurance Corporation (FDIC), which was formed in 1933, is a U.S. government corporation that generally focuses on guaranteeing the safety of your money in member banks.  The FDIC also performs other consumer protection functions, such as enforcing its regulations regarding advertising.

The FDIC advertising regulation prohibits using names (such as “Federal Deposit”), abbreviations (such as “FDIC”), or symbols that misleadingly suggest that an entity or service is FDIC-insured when it’s not.


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