Dmitriy Fomichenko, President, Sense Financial
@dfomichenko
FDIC stands for the Federal Deposit Insurance Corporation. It is an independent agency whose sole purpose is to maintain financial stability and ensure the intactness of public confidence in our financial system.
The agency functions by insuring deposits, supervising financial institutions to ensure consumer protection, managing receivership, and formulating strategies to keep large financial institutions resolvable.
Yuval Bar-Or, Finance Professor; Financial Literacy Expert
@PillarsOWealth
Federal Deposit Insurance Corporation
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