The Federal Deposit Insurance
Corporation (FDIC) is the independent deposit insurance agency created by Congress to
maintain stability and public confidence in the nations banking system.
In its unique role as deposit
insurer of banks and savings associations, and in cooperation with the other federal and
state regulatory agencies, the FDIC promotes the safety and soundness of insured
depository institutions and the U.S. financial system by identifying, monitoring and
addressing risks to the deposit insurance funds.
The FDIC promotes public
understanding and sound public policies by providing financial and economic information
and analyses. It minimizes disruptive effects from the failure of banks and savings
associations. It assures fairness in the sale of financial products and the provision of
The FDICs long and continuing
tradition of public service is supported and sustained by a highly skilled and diverse
workforce that responds rapidly and successfully to changes in the financial environment.