One of the purposes of the FDIC is to

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asked Aug 17, 2021 48.7k views

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Rowan Freeman · Answer 1 · 2021-08-23T20:35:47+0000

Answer:

"The Federal Deposit Insurance Corporation (FDIC) is an independent federal agency insuring deposits in U.S. banks and thrifts in the event of bank failures. The FDIC was created in 1933 to maintain public confidence and encourage stability in the financial system through the promotion of sound banking practices."

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One of the purposes of the FDIC is to

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