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https://fdic.gov redirected to https//www.fdic.gov during the time we crawled it. The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the U.S. Congress to maintain stability and public confidence in the nation's financial system. It was established in 1933 in response to the widespread bank failures during the Great Depression. The primary function of the FDIC is to insure deposits in banks and thrift institutions, up to a certain limit, to protect depositors against the loss of their funds if the financial institution fails. The FDIC's insurance fund is supported by premiums paid by insured banks and thrift institutions. It covers deposit accounts, including checking and savings accounts, money market deposit accounts, and certificates of deposit (CDs). The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category. In addition to deposit insurance, the FDIC also examines and supervises financial institutions for safety and soundness, as well as compliance with consumer protection and fair lending laws. It provides resources and educational materials for consumers, bankers, and analysts to promote financial literacy and understanding of the banking system. The FDIC's role in bank resolution is also crucial. In the event of a bank failure, the FDIC may be appointed as the receiver and is responsible for managing the failed institution's assets and liabilities. It aims to minimize disruptions to the financial system and protect depositors by facilitating the transfer of deposits and assets to another healthy institution. The FDIC's website serves as a comprehensive resource for information about deposit insurance, banking regulations, financial education, and industry research. It provides tools for consumers to calculate the insurance coverage on their deposits and offers guidance on how to protect against financial fraud and scams. Overall, the FDIC plays a vital role in maintaining the stability and integrity of the U.S. banking system, and its website is a valuable source of information for anyone interested in understanding the functions and responsibilities of the agency."

• Deposit Insurance, Bank Supervision, Bank Resolution, Financial Education, Consumer Protection, Financial Stability, Banking System Integrity