Topic summary

Federal Deposit Insurance Corporation

Federal Deposit Insurance Corporation

US government agency providing deposit insurance Federal Deposit Insurance CorporationFDICSealLogoHeadquarters on 17th Street NW in Washington, D.C.Agency overviewFormedJune 16, 1933; 93 years ago (1933-06-16)JurisdictionFederal government of the United StatesHeadquarters550 17th Street, NW Washington, DC 20429Employees5,137 (Q4 2025)Annual budget$2.49 billion (2026)Agency executiveTravis Hill, ChairmanKey document1933 Banking ActWebsitefdic.gov This article is part of a series onBanking in theUnited States Regulation Monetary policy Banking charters Credit union Federal savings bank Federal savings association National bank State bank Lending Credit card Deposit accounts Checking Money-market Savings Certificate of deposit Account insurance Federal Deposit InsuranceCorporation (FDIC) National Credit Union ShareInsurance Fund (NCUA) Payment and transfer Check clearing Check 21 Act Electronic funds transfer (EFT) ATM card Debit card Wire transfer Substitute check ACH Network Bill payment United States portalvte The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings