History, 13.05.2021 01:00 gamboaserg
Why does the FDIC have a deposit insurance program?
to protect the federal government up to $100 million in case banks make poor lending decisions with their deposits
to protect financial institutions up to $1,000,000 in case customers suddenly wish to withdraw their deposits
to protect the Federal Reserve System up to $1 billion in case its district banks file for bankruptcy
to protect customer deposits up to $250,000 in case a financial institution goes out of business
Answers: 1
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Why does the FDIC have a deposit insurance program?
to protect the federal government up to $100 mi...
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