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The Federal Deposit Insurance Corporation (FDIC) is a U.S. corporation insuring deposits in the
U.S. against bank failure. The FDIC was created in 1933 to maintain public confidence and
encourage stability in the financial system through the promotion of sound banking practices. True
False

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The Federal Deposit Insurance Corporation FDIC is a US c.pdf

  • 1. The Federal Deposit Insurance Corporation (FDIC) is a U.S. corporation insuring deposits in the U.S. against bank failure. The FDIC was created in 1933 to maintain public confidence and encourage stability in the financial system through the promotion of sound banking practices. True False