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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Since 1933, no depositor has ever lost a penny of FDIC-insured funds

FDIC Governance

The Federal Deposit Insurance Act (12 U.S.C. 1811 et seq.) generally sets forth the authorities of the FDIC and vests responsibility for its management in a five-member Board of Directors.  The Board has adopted Bylaws and delegations of authority governing the exercise of those responsibilities.

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