FEDERAL DEPOSIT INSURANCE CORPORATION FDIC FEDERAL DEPOSIT INSURANCE CORPORATION U.S GOV'T EXECUTIVE BANKING/FINANCE BUSINESS/COMMERCE U.S GOVERNMENT AND CONSTITUTION ECONOMY AND LABOR EXECUTIVE AGENCY CREATED 1933 TITLE OF CHIEF OFFICER CHAIR FUNCTIONS PROTECTS THE PUBLIC FROM BANK FAILURES INSURES DEPOSITED FUNDS TO A MAXIMUM OF 100000 PER DEPOSITOR IN BANKS AND SAVINGS INSTITUTIONS THAT ARE FEDERALLY CHARTERED APPROVES MERGERS AND ACQUISITIONS OF INSURED BANKS APPROVES THE ESTABLISHMENT OR CLOSURE OF BRANCH BANKS DISTRIBUTES THE FUNDS AND OTHER ASSETS OF FAILED INSTITUTIONS
