Posts associated with the tag: FDIC
2 results found.
Run on the bank at Northern Rock Bank in 2007. Alamy Stock Photo

Should You Be Worried About A “Run on the Bank?”

by Masterworks
February 14, 2022

With near-daily alerts of record inflation and an impending bear market, the risk of banking panic feels pressing. The risk of a bank run is directly related to a loss of confidence in a bank or the financial system as a whole.  Bank runs don’t happen very often, but we remember several of the big […]

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What Does FDIC Mean?

by Masterworks
January 13, 2022

The FDIC (Federal Deposit Insurance Corporation) is an independent agency of the United States government that protects bank depositors against the loss of their insured deposits in the event that an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government. On June 16, […]

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