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What is the FDIC responsible for?

To accomplish this mission, the FDIC insures deposits; examines and supervises financial institutions for safety, soundness, and consumer protection; makes large and complex financial institutions resolvable; and manages receiverships.

What is the division of finance for the FDIC?

Division of Finance (DOF) The FDICs Division of Finance provides financial management for all revenue and expenses of the FDIC and its receivership operation including deposit insurance premium audits.

Who does the FDIC report to?

In ance with the provisions of section 17(a) of the Federal Deposit Insurance Act, the FDIC submits its Annual Report to the President of the United States, the President of the U.S. Senate and the Speaker of the U.S. House of Representatives. Annual Reports - FDIC fdic.gov about financial-reports report fdic.gov about financial-reports report

What are 3 things not insured by FDIC?

What Products Are Not Insured? Stock Investments. Bond Investments. Mutual Funds. Crypto Assets. Life Insurance Policies. Annuities. Municipal Securities. Safe Deposit Boxes or their contents.

What department is the FDIC under?

The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nations financial system.

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