FDIC by Katie Tanner https://padlet.com/katetanner516/kkofwa7ak509 en-us 2017-01-30 12:59:56 UTC 2025-10-25 16:31:18 UTC hello@padlet.com FDIC, A new beginning for Banks!! katetanner516 https://padlet.com/katetanner516/kkofwa7ak509/wish/150203579 The FDIC's history and evolution underscores its' commitment to insuring bank deposits against bank failure
Banks had been frozen due to the depression and the non-flow of money through the economy.]]> 2017-01-30 13:01:02 UTC https://padlet.com/katetanner516/kkofwa7ak509/wish/150203579 What is the FDIC? tterwilliger21 https://padlet.com/katetanner516/kkofwa7ak509/wish/150205348 The Federal Insurance Corporation is an independent agency of the federal government.]]> 2017-01-30 13:08:51 UTC https://padlet.com/katetanner516/kkofwa7ak509/wish/150205348 A quote from President Franklin D. Roosevelt states, katetanner516 https://padlet.com/katetanner516/kkofwa7ak509/wish/150206427 "On March 3, banking operations in the United States ceased. To review at this time, the causes of this failure of our banking system is unnecessary. Suffice it to say that the government has been compelled to step in for the protection of depositors and the business of the nation."]]> 2017-01-30 13:12:59 UTC https://padlet.com/katetanner516/kkofwa7ak509/wish/150206427 The FDIC's insurance. tterwilliger21 https://padlet.com/katetanner516/kkofwa7ak509/wish/150206997 The FDIC insures deposits ranging from $5,000 to $250,000.]]> 2017-01-30 13:15:08 UTC https://padlet.com/katetanner516/kkofwa7ak509/wish/150206997 mblythe21 https://padlet.com/katetanner516/kkofwa7ak509/wish/150207864
When the banks crashed they tried to rebuild by getting money from the people. That didn't go very well because the people lost the money when the bank crashed.]]> 2017-01-30 13:18:16 UTC https://padlet.com/katetanner516/kkofwa7ak509/wish/150207864 mblythe21 https://padlet.com/katetanner516/kkofwa7ak509/wish/150499157 The Federal Deposit Insurance Company (FDIC) lessens the amount of any potential damage to the United States economy by insuring deposits made to banks and other financial institutions.
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The FDIC insures $250,000  deposits, and monitors risks to its deposit insurance funds and tries to limit the effects on the U.S. economy if a bank of thrift institution (holds the majority of public money) should fail.]]> 2017-01-31 12:56:22 UTC https://padlet.com/katetanner516/kkofwa7ak509/wish/150500375 The Impacts Today mblythe21 https://padlet.com/katetanner516/kkofwa7ak509/wish/150507719 The FDIC has had an impact to this day because, our money is kept safe, and insured up to 250,000. We have also developed a safer bank system to prevent another "crash."]]> 2017-01-31 13:22:21 UTC https://padlet.com/katetanner516/kkofwa7ak509/wish/150507719