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An independent agency of the federal government, the FDIC was created in 1933 in response to the thousands of bank failures that occurred in the 1920s and early 1930s.

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the FDIC was established in 1933

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(Marielena)What are their responsibilities/ what do they do?

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(Marielena)What are their responsibilities/ what do they do?

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The mission of the Federal Deposit Insurance Corporation (FDIC) is to maintain stability and public confidence in the nation's financial system. In support of this goal, the FDIC:

Insures deposits,

Examines and supervises financial institutions for safety and soundness and consumer protection,

Works to make large and complex financial institutions resolvable, and

Manages receiverships.

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(Marielena) Why is this agency important?

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(Marielena) Why is this agency important?

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this  receives no Congressional appropriations it is funded by premiums that banks and savings associations pay for deposit insurance coverage. FDIC insures trillions of dollars of deposits in U.S. banks and thrifts deposits in virtually every bank and savings association in the country

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Occupational Safety and Health Administration (OSHA) was established in  1970 .

their responsibilities is to prevent workers from being killed or seriously harmed at work and enforces protective workplace safety and health standards . also provides information, training, and assistance to employers and workers. this agency is important because it protects workers in work places to prevent workers and employers from getting hurt or being killed and from being treated violently

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Consumer Product Safety Comission was formed in 1927  with a mission to protect the public against unreasonable risks of injury or death from consumer products through education, safety standards activities, regulation, and enforcement.

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is an independent agency created by the Congress to maintain stability and public confidence in the nation's financial system

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The Consumer Product Safety Commission was established in 1972.

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Their  mission to protect the public against unreasonable risks of injury or death from consumer products through education, safety standards activities, regulation, and enforcement.

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Cosumer Product Safety Comission work to save lives and keep families safe by reducing the unreasonable risk of injuries and deaths associated with consumer products and fulfilling our vision to be the recognized global leader in consumer product safety.

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they are  responsibilities  for savings associations pay for deposit insurance coverage

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they are  responsibilities  for savings associations pay for deposit insurance coverage

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The Federal Deposit Insurance Corporation is one of the federal regulatory agencies created by Congress. they responsible is to gives the public confidence that their money is safe. In turn, this promotes confidence in the banking system and stability in the economy.

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In the 1970 was approved to prevent workers from being injured or killed in the work. Established enforces safety and health standards in the workplace. Provides information training and assistance to employers and workers, in addiction to ensuring their safety , they propose workplace that are safe.

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This agency is important because  does not endorse or recommend specific brands of products. We provide information to consumers on what safety features to look for in products.

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I think the FDIC is important because it make people trust the bank and mad so their money are safe   DANNAH 

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I think the FDIC is important because it make people trust the bank and mad so their money are safe   DANNAH 

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lnsurance corporatin

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federal deposit insurance corporation established in June 16, 1933. they responsibility is to