Most of the banks in the U.S. are _________ chartered, __________ of the Federal Reserve System and are insured by the _________.

Name: Most of the banks in the U.S. are _________ chartered, __________ of the Federal Reserve System and are insured by the _________.
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Most banks in the U.S. are state-chartered, nonmember banks of the Federal Reserve System, and are insured by the FDIC (Federal Deposit Insurance Corporation) through the Deposit Insurance Fund (DIF).

Most of the Banks in the U