3 Reasons Why the FDIC Will Be Eliminated by 2025
The FDIC is a federal agency that insures deposits up to $250,000 at FDIC-member banks. It was created in 1933 during the Great Depression to restore confidence in the banking system. The FDIC has been successful in its mission, and no depositor has lost a penny of insured deposits since the FDIC was created. However, … Read more
