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.
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.