The Federal Deposit Insurance Corporation is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by th
Headquarters on 17th Street NW in Washington, D.C.
Example of FDIC insurance coverage
The FDIC's satellite campus in Arlington County, Virginia, is home to many administrative and support functions, though the most senior officials work at the main building in Washington.
President Franklin Delano Roosevelt signs the Banking Act of 1933.
Franklin D. Roosevelt
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Franklin Delano Roosevelt, also known as FDR, was the 32nd president of the United States, serving from 1933 until his death in 1945. He is the longest-serving US president and the only one to have se
Federal Deposit Insurance Corporation
…A panic in February 1933 spread so rapidly that most state governments ordered the closure of all banks. Establishment of the FDIC: 1933 President Franklin Delano Roosevelt signs the Banking Act of 1933. President Franklin D. Roosevelt himself was dubious about insuring bank deposits, saying, "We do not wish to make the…
Campaign portrait, 1944
A young, unbreeched Roosevelt in 1884, aged 2
Eleanor and Franklin with their first two children, 1908
Roosevelt in 1912