Whenever You Deposit Money into a Checking or Savings Account

Whenever you deposit money into a checking or savings account at a traditional retail bank or other financial institution that advertises the fact that it is a Federal Deposit Insurance Corporation (FDIC) member-and most banks are, in order to remain competitive- you can be certain that:

A) up to $250,000 of any of your deposited money will be insured against bank failure by the FDIC.
B) your bank is a member of the Federal Reserve System, and thus thoroughly regulated and on sound financial footing.
C) any home mortgage lending it does is heavily regulated and insured by the federal government.
D) it is unlikely to ever face a crushing and possibly ruinous demand for credit, given that it is a Federal Reserve member.