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wesleyghughes10
wesleyghughes10 wesleyghughes10
  • 08-04-2016
  • Social Studies
Answered

What is the FDIC responsible for?

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Kvnggtakeeoff2
Kvnggtakeeoff2 Kvnggtakeeoff2
  • 08-04-2016

The FDIC insures deposits in banks and savings association in the event of bank failure. The FDIC also examines and supervises state chartered banks that are not members of the Federal Reserve Systems, while fostering consumer confidence in the banking system .


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