The Federal Deposit Insurance Corporation (FDIC)

The Federal Deposit Insurance Corporation (FDIC) :

A) is an independent, quasi-public corporation
B) is backed by the full faith and credit of the United States government
C) insures deposits in commercial banks and thrift institutions up to a ceiling of $250,000 per account
D) oversees the National Credit Union Share Insurance Fund
E) is accurately described by all of the above