Banks that are insured by the Federal Deposit Insurance Corporation (FDIC)are also regulated by the FDIC.

Name: Banks that are insured by the Federal Deposit Insurance Corporation (FDIC)are also regulated by the FDIC.
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Question

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The FDIC not only insures deposits at banks and savings associations but also directly supervises and examines these institutions for safety and soundness, as well as consumer protection, making it a regulator as well as an insurer.

Banks That Are Insured by the Federal Deposit Insurance Corporation