How does Federal Deposit Insurance Corporation save your money

Recently you are facing bank collapsed problem in USA. SVB and Signature Banks are closed by USA Federal Deposit Insurance Corporation

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It is big problem to save your deposit money in case of bank run or banking system collapse

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Insurance system also work for your saving deposit in all bank with certain limits of deposit amount

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Federal Deposit Insurance Corporation (FDIC) is an independent agency of the US Fed Govt.

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Federal Deposit Insurance Corporation protect depositors money in bank's accounts in the case of bank failure

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