What does FDIC stand for? -

FDIC - Federal Deposit Insurance Corporation insures deposits in most banks and financial institutions in the USA up to $100,000. They only insure deposits. They do not insure securities, mutual funds or other investments. http://www.fdic.gov Federal Deposit Insurance Corporation. It insures your account up to $100,000 in most federal banking instutions. Federal Deposit Insurance Corporation, or something real close to that. FDIC: Federal Deposit Insurance Corporation www.fdic.gov