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The Basics of FDIC Deposit Insurance

2018-05-14

Regulatory Authority: Federal Deposit Insurance Corporation

Credit Hours:

Only a government agency could devise something as convoluted and confusing as the rules of deposit insurance. Several years ago, the FDIC sent people into banks and asked bankers questions about the insurance of their accounts. Bankers got the right answer about 25% of the time. That is really not bad considering the complexity of the rules.

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