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Subjects>History>American Government

Which act established the federal deposit insurance corporation?

Updated: 9/16/2023

Wiki User

∙ 13y ago

Best Answer

Glass-Steagall Banking Act

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∙ 13y ago

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Q: Which act established the federal deposit insurance corporation?

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Continue Learning about American Government

When was Federal Deposit Insurance Corporation created?

Federal Deposit Insurance Corporation was created in 1933.

Congress created the federal deposit insurance corporation in order to do what?

protect peoples savings accounts

What act was enacted to protect peoples savings?

The Federal Deposit Insurance Corporation(FDIC) in the 1930's.

This New Deal organization insured individual bank deposits?

FDIC - Federal Deposit Insurance Corporation

What is an example of a government corporation?

Am example of a government corporation is: amtrak Post Office Federal Deposit Insurance Corporation (FDIC)

Related questions

When was Federal Deposit Insurance Corporation created?

Federal Deposit Insurance Corporation was created in 1933.

Federal Deposit Insurance Corporation (FDIC)?

The Federal Deposit Insurance Corporation was established by Roosevelt in the Glass-Steagall Act. This Act insured deposits up to $2500 and reduced the number of bank closings in 1934.

When did the US government establish the Federal Deposit Insurance Corporation?

The Federal Deposit Insurance Corporation was established by the US government in 1933. The amount of reserves furnished to the FDIC was $289 million which came from the US Treasury Department and the Federal Reserve.

When did the Federal Deposit Insurance Corporation Improvement Act pass?

The Federal Deposit Insurance Corporation Improvement Act passed in 1991

What is a government owned corporation?

Federal Deposit Insurance corporation

What is the abbreviation for the Bank Insurance Corporation?

The initials are FDIC for federal deposit insurance corporation.

How much money can you deposit in the federal deposit insurance corporation?

None

What did the Federal Deposit Insurance Corporation (FDIC) insure?

bank deposit

Which of the following items is not a major component of Social Security?

Federal Deposit Insurance Corporation (FDIC)Federal Deposit Insurance Corporation (FDIC)Federal Deposit Insurance Corporation (FDIC)Civilian Conservation Corps (CCC) FOE DA PEX!Apex also accepts Federal Emergency Relief Administration (FERA) :)

What dos FDIC stand for?

Federal Deposit Insurance Corporation

Is a cashiers check insured by the fdic?

It depends on if the bank is a member of the Federal Deposit Insurance Corporation or not. If you get a cashiers check from a bank that is insured by the Federal Deposit Insurance Corporation, then that check is insured.

What federal corporation that insures money deposited in member banks called?

Federal Deposit Insurance Corporation, FDIC

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