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Why is the fdic important?

FDIC
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Why is the fdic important?

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The Federal Deposit Insurance Corporation (FDIC) was created by Congress for the important mission of maintaining stability and public confidence in the financial system of the United States. One role of the FDIC is to insure deposits in banks up to $250,000 per person at each institution. You can learn more about the FDIC at www.fdic.gov/index.html.

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