Showing posts with label Federal Deposit Insurance Corporation Insurance Limits. Show all posts
Showing posts with label Federal Deposit Insurance Corporation Insurance Limits. Show all posts

Monday, April 6, 2009

FDIC - Federal Deposit Insurance Corporation

FDIC - Federal Deposit Insurance Corporation

The FDIC or Federal Deposit Insurance Corporation is a US gov corporation created by the Glass-Steagall Act of 1933.

It provides deposit insurance up to $250,000 per depositor per bank.


FDIC Insurance Limits:

- year 1935 - $5,000
- year 1950 - $10,000
- year 1966 - $15,000
- year 1969 - $20,000
- year 1974 - $40,000
- year 1980 - $100,000
- year 2008 - $250,000